Newsbriefs

INSURANCE EMPLOYMENT FLATTENS

Despite a drop of 113,000 in national nonfarm payrolls in August, insurance industry employment held even for the month, reports...

NAMIC LAUNCHES MOLDUPDATE.COM

The National Association of Mutual Insurance Companies (NAMIC) has launched a Web site that will disseminate information about mold to...

FIRST NEVADA GETS ‘R’

Standard & Poor’s assigned its “R” financial strength rating to First Nevada Insurance Co. (FNIC). S&P took this rating action...

ARGONAUT ENDS QUEENSWAY PACT

On Aug. 30, Argonaut Group Inc. announced it had terminated the purchase and sale agreement with Queensway Financial Holdings Ltd....

FBI ARRESTS PRIEST IN FRANKEL CASE

Monsignor Emilio Colagiovanni, an 81-year-old Catholic Priest, is being held in Bridgeport, Conn., following his arrest by FBI agents in...

NATIONWIDE INFRINGED UPON’

Nationwide filed a federal trademark infringement suit against Florida-based companies, which, using the names Nationwide Insurance Group Inc. and The...

S&P GIVES FRONTIER ‘R’

On Aug. 28, Standard & Poor’s assigned its ‘R’ financial strength rating to Frontier Insurance Co. after the New York...

WORKERS’ COMP BILL FALLS SHORT

According to Insurance Brokers and Agents of the West (IBA West), SB 71 (Burton & Calderon), a bill moving through...

8 INSURERS FEEL FIRE RISKS

In seven western fire-prone states, eight large property and casualty insurers are exposed to 74.5 percent of the home insurance...

CREDIT SCORING PONDERED

Positive aspects of how the use of credit scores in insurance underwriting benefits consumers were recently demonstrated to Colorado state...

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