A.M. Best has upgraded the financial strength rating to ‘B++’ (Good) from ‘B+’ (Good) and issuer credit rating to “bbb” from “bbb-” of Vietnam’s PVI Insurance Corporation, and has revised its outlook on both ratings to stable from positive. Best …
Cars could be driving themselves down the world’s streets far sooner than expected, thanks to a change in a global treaty backed by European countries. A little-noticed amendment to the United Nations Convention on Road Traffic agreed last month would …
FrankCrum, a national professional employer organization, added Rodney Vaughn as broker manager, responsible for increasing the company’s presence in Texas, and forging relationships with insurance agents and brokers. Florida-based FrankCrum offers workers’ compensation insurance, payroll, human resources solutions and benefits …
Chester A. McPherson, who has been serving as interim commissioner for the Washington, D.C., Department of Insurance, Securities and Banking (DISB), has been appointed as acting commissioner, D.C. Mayor Vincent C. Gray’s office announced. McPherson has been the department’s interim …
Appleton, Wis.-based SECURA Insurance promoted Tim Heyroth to the newly created position of vice president-sales. Heyroth, who has been with SECURA for more than 17 years, will be responsible for developing and implementing sales strategies for property and casualty insurance …
Medical malpractice claims in Ohio hit a new low in 2012, according to the Ohio Department of Insurance’s Ohio Medical Professional Liability Closed Claim Report. There were 2,733 claims in 2012, the last year for which data is available. A …
The Nebraska Supreme Court on May 2 upheld a lower court ruling that two farming brothers were not negligent in a 2007 fatal crash where tall corn created a blind intersection. The Oct. 6, 2007, crash in Saunders County occurred …
A North Dakota administrative law judge on April 28 upheld a cease and desist order issued by Insurance Commissioner Adam Hamm against insurance producer Frederick Paul Skoda, formerly of Fargo, N.D., now of Detroit Lakes, Minn. The Dec. 26, 2013, …
The Iroquois Group named Patrick Zerarka as the Southwest team as a regional manager in Arizona. Zerarka has 15 years of experience in the insurance industry with a background in agency operation, marketing and sales. Prior to Iroquois, he worked …
With California in a drought, the coastal city of Santa Barbara is thinking about firing up a desalination plant that has been in storage for more than two decades. The city built the plant in the 1990s during the last …
