Owners of more than 400 homes and businesses in South Texas will be notified that their windstorm insurance reviews were done by a bogus inspector. The Texas Windstorm Insurance Association says coverage for the Corpus Christi properties is valid unless …
American Hardware Mutual Insurance Co. has been renamed Motorists Commercial Mutual Insurance Co. after receiving approval from policyholders, the Ohio secretary of state and the Ohio Department of Insurance. Changing the name is another step in the restructuring of American …
Itasca, Ill.-based international insurance brokerage and risk management services firm, Arthur J. Gallagher & Co., announced it has acquired Mortgage Insurance Agency Ltd. in Crystal Lake, Ill. Founded in 1993, Mortgage Insurance Agency is a retail insurance broker providing commercial …
The Insurance Educational Association has named Patricia Carlson director of sales. Carlson is well-known in the California insurance training and education community for her outreach, customer focus, energy and knowledge of the market need for timely, relevant and appealing courses …
Eastwood perpetuating Lexington’s leadership role in innovation DALLAS, TX, June 30, 2011 — Peter Eastwood, President and CEO of Lexington Insurance, will deliver a keynote presentation at MarketScout’s fifth annual Entrepreneurial Insurance Symposium, outlining changing exposures created by alternative energy …
A.M. Best Co. has affirmed the financial strength rating of ‘A-‘ (Excellent) and issuer credit rating of “a-” of Michigan-based Intrepid Insurance Company, both with stable outlooks. The ratings reflect “Intrepid’s solid capitalization, favorable loss ratios, effective management of exposures, …
The world’s largest container firm suspended operations at several Iranian ports on Thursday, potentially disrupting critical food shipments as it complies with tightening U.S. sanctions. Maersk line, a unit of A.P. Moller-Maersk , manages several refrigerated ships and container vessels …
Dr. Tim Doggett, principal scientist at AIR Worldwide, has analyzed the possible impact of Tropical Storm Arlene, and its heavy rainfall in Central Mexico. He indicated that the “greatest threat for heavy rainfall will be in areas of elevated terrain …
Large swathes of central Mexico were hit by torrential rains as Arlene, the first tropical storm of the Atlantic hurricane season, touched down near coastal sand barrier Cabo Rojo Thursday. Mexican officials advised communities in the storm’s path to evacuate …
The UK’s Legal Expenses Insurance Group (LEIG) has taken issue with claims that the rise in lawsuits over automobile accidents are responsible for the car insurance rate rises. The Group, which was formed in April 2006 by a number of …
