Tennessee University Apologizes for Foul Over Basketball Prize Insurance Claim January 30, 2012 By Michael Adams A Tennessee state university has apologized to an insurance company after representing that the insurer improperly denied a $20,000 prize...
A.M. Best Downgrades Peachtree Casualty Due to Florida Auto Results January 30, 2012 A.M. Best has downgraded the financial ratings of Peachtree Casualty Insurance Co., citing the insurer’s poor underwriting results due in...
Florida Lawmaker Warns on Damages If Cuba Oil Drilling Spills January 30, 2012 By Jane Sutton Since the United States couldn’t stop Repsol from drilling for oil off Cuba’s coast, it should make the Spanish oil...
United Fire Group Names Sullivan West Coast Regional Manager January 30, 2012 United Fire & Casualty Co. has named Ed Sullivan to West Coast regional manager for its regional office in Rocklin,...
Consumer Group Charges Auto Insurers with ‘Disparate Treatment’ of Low Income Families January 30, 2012 By Don Jergler A consumer group on Monday issued a study that alleges “disparate treatment” of low-to moderate-income families by auto insurers nationwide....
Ratings Roundup: Fuji Fire, Greenlight Re January 30, 2012 A.M. Best Co. has upgraded the financial strength rating to ‘A-‘ (Excellent) from ‘B++’ (Good) and the issuer credit rating...
Heffernan in Orange County Names Albanese SVP, Benefits January 30, 2012 Heffernan Insurance Brokers has hired Karen Albanese office as senior vice president in its Orange County, Calif. office, focusing on...
Hurst-Bannister to Join Xchanging Ins-Sure Services Board January 30, 2012 Global business processor Xchanging announced that Barnabas Hurst-Bannister will join the Xchanging Ins-Sure Services board as a non-executive director in...
MetLife to Acquire Aviva’s Czech, Hungarian, Romanian Operations January 30, 2012 MetLife, Inc. announced that it has agreed to acquire the life insurance businesses of UK-based Aviva plc in the Czech...