Wholesale insurance intermediary, Swett & Crawford, announced it has acquired The ABC Program, an underwriting facility based in St. Louis, Mo., from AHM Financial Group LLC. The ABC (Aviation Based Coverage) Program delivers a comprehensive offering of property and casualty …
Fresh data shows Louisiana’s insurer of last resort keeps churning away on getting private insurers to pick up policyholders, a problem largely stemming from the 2005 hurricanes. For policyholders of Louisiana Citizens Property Insurance Corp., the wait to go private …
Ironshore Environmental products are now available in Europe through Ironshore Europe Limited. The products cover a broad spectrum of issues for many industries, including manufacturing, engineering, construction, energy, oil and gas, education and healthcare. The company also offers site-specific environmental …
Ag States Group, an insurance and risk management subsidiary of CHS Inc., announced Keith Illa has been named president of Ag States Group, effective Feb. 1, 2012. Illa will lead the full-service insurance organization headquartered in St. Paul, Minn., and …
Lockton Companies appointed industry veteran Michael Power as senior vice president and Northeast real estate practice leader. Based in the insurance broker’s Manhattan, New York, office, Power will be responsible for business development and client advocacy for clients in the …
The rating outlook for U.S. commercial property/casualty insurance remains negative, while the outlook for personal lines is stable, according to a briefing from A.M. Best Co. The ratings firm said it continues to maintain a stable outlook in 2012 for …
The Texas Medical Liability Trust has acquired the Florida-based Physicians Insurance Co. The Deerfield Beach, Florida-based Physicians Insurance has been operating in the state since 2003. According to a 2011 Office of Insurance Regulation report, it had $8 million in …
Louisville-based insurance agency Neace Lukens is expanding its presence in Kentucky by buying the Berryman Insurance Agency. The Hartford, Kentucky-based Berryman Agency was founded in 1937 and its current owners date back to 1967. The agency specializes in auto, home, …
Because of an alarming increase in suspected arson fires in Kentucky, State Fire Marshal William Swope is asking citizens to provide information to help solve the crimes. Since December, arson has been suspected in nearly a dozen fires in Pulaski, …
A.M. Best Co. has assigned a financial strength rating of ‘A-‘ (Excellent) and issuer credit ratings of “a-” to Panama-based QBE Del Istmo Reinsurance Inc, Del Istmo Assurance Corp and Liffey Reinsurance Company Limited, which is domiciled in Dublin, Ireland. …
