Report: Questionable Insurance Claims Increased 12% December 30, 2010 The economic crisis might have had a hand in pushing people to commit insurance fraud. However, it isn’t entirely to...
Best Affirms Progressive and Subs ‘A+’ Ratings; Outlook Stable December 29, 2010 A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A+’ (Superior) and issuer credit ratings (ICR) of “aa”...
Best Affirms USAA and Subs ‘A++’ Ratings; Outlook Stable December 29, 2010 A.M. Best Co. has affirmed the financial strength ratings (FSR) of ‘A++’ (Superior) and issuer credit ratings (ICR) of “aaa”...
BIS Launches Lenders Misrepresentation Insurance December 29, 2010 Bakerjian Insurance Services (BIS) has launched of a new insurance product designed to protect lenders against potential damage from repurchase...
Report: Some Insurers ‘Low-Balling’ Auto Insurance Claims for Bodily Injury December 29, 2010 Some insurance companies that use computerized systems to process their claims are making unfair, “low-ball” claims offers to people injured...
Best Puts Clarendon’s Ratings on Review/Negative for Enstar Sale December 29, 2010 A.M. Best Co. has placed under review with negative implications the financial strength rating (FSR) of ‘A-‘ (Excellent) and issuer...
Inspections Reducing Mine Safety Violations: U.S. Official December 28, 2010 By Tim Huber Conducting special inspections to crack down on mines with poor safety records appears to be working, the federal Mine Safety...
Best Affirms Transatlantic Holdings and Subs ‘A’ Ratings of December 28, 2010 A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a”...
AIG, Chartis Sign $4.3 Billion Credit Agreements December 28, 2010 By Joe Rauch Bailed-out insurer American International Group took another step toward winding down its U.S. government support Monday by securing $4.3 billion...
New Year’s Day Top Working Holiday for Car Thieves December 28, 2010 While Americans are enjoying the holidays and most have time off from work, holidays are just another day at the...