July 13, 2010
A.M. Best Co. has affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit rating of “a+” of Vermont-based Iron Horse Insurance Company, both with stable outlooks. The ratings reflect Iron Horse’s “superior risk-adjusted capitalization, experienced management team and …
July 13, 2010
HR 3424 will be the subject of a hearing House by the House Representatives Ways and Means Committee today at 10:00 a.m. The Bill, sponsored by Rep. Richard E. Neal (D-MA), has been the subject of a lengthy debate [See …
June 29, 2010
When U.S. Representative Richard Neal (D-MA) introduced, or more properly reintroduced, HR 3424, a bill aimed at closing what its proponents describe as a “loophole” in the U.S. tax code, he ignited, or more properly reignited, a longstanding controversy. Essentially: …
June 29, 2010
Bruce Gendelman Insurance Co. has hired Christopher J. Goldberg as vice president of its new division that will concentrate on relationships with advisers for wealthy families. Goldberg will be working with financial advisers, attorneys, bankers, and CPAs to ensure that …
June 1, 2010
Utah Governor Gary R. Herbert has appointed Neal T. Gooch as Commissioner of the Utah Insurance Department. Gooch was appointed acting Insurance Commissioner in January, and previously served as deputy insurance commissioner since 1997. The Governor’s appointment was confirmed by …
May 26, 2010
Denver-based Intermap Technologies, a worldwide 3D digital mapping and geospatial solutions company, and the UK’s JBA Consulting, a European flood risk and environmental management firm, announced a strategic collaboration, designed to “provide detailed flood mapping services for clients across Continental …
May 3, 2010
Foremost Foremost Insurance Group has launched its DistinctChoice Auto program in Connecticut. The auto program features increased limits, deductible options and coverages. The program also offers broad eligibility and discounts, including multi-policy discount and a five-year accident/violation free discount. PURE …
April 13, 2010
New York-based Privilege Underwriters Reciprocal Exchange (PURE) said it would begin offering personal lines coverage to owners of high-value homes in Maryland and Washington D.C.. The company, a member- owned reciprocal insurer, said it will also offer automobile, jewelry, art, …
March 10, 2010
Ohio Casualty, a Liberty Mutual Agency Markets regional company, has introduced its comprehensive online Agent Learning Center for its appointed agencies. Ohio Casualty appointed agents can now register for classroom workshops and participate in virtual or self-paced online programs, many …