Calabasas, Calif.-based Western General Insurance Co.’s issuer credit rating has been downgraded by A.M. Best Co. to “bbb” from “bbb+”...
Monthly Archives: <span>September 2011</span>

The California Earthquake Authority (CEA) has completed what it called a “first-of-its-kind transaction,” taking reinsurance out of the equation and...
Tropical Storm Irene has generated an estimated 28,500 claims, totaling over $90 million in Massachusetts, according to latest estimates by...
Washington Metropolitan Area Transit Authority has recently filed a lawsuit against its insurer Lexington Insurance Co. of Boston charging that...
Delaware Insurance Commissioner Karen Weldin Stewart has fined Allstate Insurance Co. and its subsidiary Encompass Insurance Co. a total of...
Millennium Brokerage Group (MBG) has launched a new long term care (LTC) program that will be available to physicians and...
The Department of Consumer and Business Services announced the pure premium rate for workers’ compensation will increase 1.9 percent starting...
The House of Representatives yesterday approved a temporary continuing resolution that funds the government through next Tuesday, Oct. 4, which...
The insurance unit of Wells Fargo & Co. has purchased ISU Stetson-Beemer Insurance, an insurance brokerage and consulting firm in...
Berkshire Hathaway’s medical professional liability insurance unit, Medical Protective Co., is purchasing New Jersey-based Princeton Insurance Co., a professional liability...