Latest Fidelity Headlines
All the headlines from our Fidelity Topic Page, ordered by recency.
Business Moves
Aug 1 2011 // FPIC, The Doctors Co. One of Florida’s major medical malpractice insurers is seeking state approval to be sold to an out-of-state insurance group with the initial price tag expected to total $365 million. The Florida...
Business Moves
Aug 1 2011 // PEMCO Insurance PEMCO Insurance is offering home and automobile insurance coverage in Oregon. The Northwest company said it initially will focus its marketing efforts on the greater Portland area, but other Oregon...
Fidelity National Sells Flood Insurance Business
Jul 13 2011 // Title insurer Fidelity National Financial Inc. has sold its flood insurance operations to WRM America Holdings LLC. Under the terms of the definitive agreement, WRM America of Uniondale, New York, will acquire 100 percent...
My New Markets
Jun 6 2011 // Bringing Market Seekers and Market Providers Together Find markets in our database Promote your markets on our site Join our community forums Membership is free! www.MyNewMarkets.com Special Events Market Detail: Capitol...
Fidelity National Seeks 27% Florida Homeowners Rate Hike
May 20 2011 // Jacksonville-based Fidelity National Property and Casualty Insurance Co., which covers some 12,000 homeowners in the state, is seeking a statewide average 27 percent rate increase. At a public rate hearing, Fidelity...
Surety & Fidelity Association Elects Chubb’s Vispoli as Chair
May 11 2011 // The Surety & Fidelity Association of America has elected Tracey Vispoli, senior vice president, Chubb Group of Insurance Companies, as chair of the board for 2011-2012. Vispoli is the global manager for Chubb’s...
Markel, ProSurance to Offer Fidelity Insurance Program
Jul 12 2010 // Markel Programs has partnered with ProSurance Group, Inc., a managing general agency, to offer a new, monoline commercial Fidelity insurance program. Commercial crime coverage is currently available countrywide on an...
D&O Coverage as a Partner in Crime (and Fidelity)
Apr 5 2010 // While high-profile crimes like Bernie Madoff’s $65 billion Ponzi scheme generate headlines, employees at companies across the county are committing smaller, low profile crimes every day. Many employee theft schemes...
Travelers Construction Insurance Offers Wrap+ Fidelity and Crime
Feb 18 2010 // Travelers Construction Insurance and Travelers Bond & Financial Products have teamed together to offer the Wrap+ Fidelity and Crime coverage to the construction industry. The policy will help protect construction...
Arrowhead General Insurance Offers Commercial Surety & Fidelity Bond Market
Jan 20 2010 // Arrowhead General Insurance Agency Inc. of San Diego has a market for commercial surety and fidelity bonds available in Arizona, California, Nevada, Oregon and Washington. Coverage is being provided on an admitted basis by...
Fidelity Recognizes Louisiana Agency’s Commitment to Flood Program
Jun 16 2009 // Three words, and his embodiment of the spirit they represent, earned owner, Richie Clements of Clements Insurance Services in Chalmette, La., a nomination for National Flood Insurance Program (NFIP) Agency of the Year by...
Capitol Names Allen President of Surety and Fidelity Operations
Oct 10 2008 // Middleton, Wis.-based Capitol Insurance Cos. (“Capitol”) recently announced that Richard W. Allen III, currently senior vice president of Surety & Fidelity Underwriting, has been named president of Surety...
Typical Couple Needs $85K to Pay for Long Term Care Insurance
Jun 27 2008 // A 65-year-old couple needs $85,000 on average to cover insurance costs for long-term care such as nursing home stays in retirement, according to a study by Fidelity Investments. The finding underscores the need to...
Okla.-based Insurer Ordered to Pay $10.8M to Policyholder’s Mother
Feb 4 2008 // A federal jury has ordered an Oklahoma City-based insurance company to pay $10.8 million for improperly reducing the benefit owed to the mother of a policyholder who died. American Fidelity Assurance Co. said it was...
Ratings Roundup: CNA, Lincoln, First Protective, Fidelity Fire
Oct 9 2007 // Fitch Ratings has upgraded CNA Financial Corporation as follows: –Issuer Default Rating (IDR) to ‘BBB+’ from ‘BBB’; –Senior debt to ‘BBB’ from ‘BBB-‘. Fitch also...
Ratings Recap: Park, Fidelity National, Nationwide Mutual, Universal American
Aug 22 2007 // A.M. Best Co. has affirmed the financial strength rating of “A-” (Excellent) and assigned an issuer credit rating of “a-” to Park Assurance Company of Burlington, VT with a stable outlook....
Fidelity National P/C acquires Southern Family flood policies
Jul 24 2006 // Fidelity National Property and Casualty Insurance Co. has received approval from the Circuit Court of Florida to purchase all of the existing flood insurance policies of Southern Family Insurance Co. through the Florida...
N.Y. Title Insurance Rates Slashed
Jun 30 2006 // New York Superintendent of Insurance Howard Mills and Attorney General Eliot Spitzer announced that the insurance department has approved 15 percent rate reductions for title insurance companies that cumulatively have 93...
Fidelity National P/C Acquires Southern Family Flood Fla. Policies
Jun 28 2006 // Fidelity National Property and Casualty Insurance Co. has received approval from the Circuit Court of Florida to purchase all of the existing flood insurance policies of Southern Family Insurance Co. through the Florida...
Two Major Title Insurance Cos. in N.Y. Ordered to End Rebate Practice
May 24 2006 // Two major title insurance companies have agreed to end a practice of providing rebates to major commercial property customers at the expense of homeowners and small businesses, New York State Attorney General Eliot Spitzer...
