A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating of ‘A-‘ (Excellent) and the issuer credit rating of “a-” of Bermuda-based International General Insurance Company Limited (IGI), and the ICR of “bbb-” of International General Insurance …
After handling insurance coverage claims for years, a distinct pattern has emerged: sometimes the insurance agent gets “caught in the middle” of a dispute between the policy holder and the insured. Often, agents are named in a lawsuit for reasons …
In just about every metropolitan area nationwide hungry customers can appease their appetites by visiting the neighborhood taco truck. The traditional taco truck sells more than just tacos these days – a lot more. Today’s mobile food vendors sell everything …
A Tacoma, Wash., man faces multiple charges after allegedly filing forged documents in an auto theft claim, the state Office of the Insurance Commissioner announced. Cash B. Knott, 45, has been charged in Pierce County Superior Court with three counts …
A new commercial multi-peril package policy from the Chubb Group of Insurance Cos. will provide apartment building owners and co-op and condominium associations with a package of property, casualty, workers compensation, automobile and umbrella liability insurance coverages. Agents and brokers …
North Dakota Insurance Commissioner Adam Hamm reported that the Memorial Day wind storm in the Fargo area so far has caused more than $4.2 million in damage. Reports to Hamm from several insurance carriers who write business in the affected …
Owners of the New York Mets pro baseball team rejected allegations in a $1 billion lawsuit that they once shopped for fraud insurance to insulate themselves from Ponzi schemer Bernard Madoff. Fred Wilpon and Saul Katz, principals at Sterling Equities, …
U.S. regulators see room to improve safety at the country’s nuclear power plants even though tests after the Fukushima disaster have shown they are fundamentally sound, the top U.S. watchdog said on Tuesday. More than two-thirds of the way through …
Minnesota workers’ compensation claims have fallen 44 percent relative to the number of employees from 1997 to 2009, according to the Minnesota Department of Labor and Industry (DLI). According to the “2009 Minnesota Workers’ Compensation System Report,” “Minnesota’s workplaces have …
A.M. Best Co. has downgraded the financial strength rating to B (Fair) from B++ (Good) and issuer credit rating to “bb” from “bbb” of Dallas National Insurance Co. (DNIC) in Dallas, Texas. The outlook for both ratings is negative. The …
