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...
Ratings Recap: Allianz Global (US), Balboa Group, North Light, Heritage December 28, 2010 A.M. Best Co. has affirmed the financial strength rating of ‘A+’ (Superior) and issuer credit ratings of “aa” of Allianz...
Allstate Sues Bank of America Over Countrywide Mortgage Losses December 28, 2010 By Jonathan Stempel Allstate Corp. has sued Bank of America Corp., its Countrywide lending unit and 17 other defendants for allegedly misrepresenting the...
RLI To Acquire Contractors Bonding Insurance Co. December 23, 2010 Peoria, Ill.-based RLI Corp. announcedthat it will acquire Contractors Bonding Insurance Co. (CBIC) through an acquisition of its holding company,...
Best Affirms Fireman’s Fund Companies ‘A’ Ratings; Upgrades ICR December 23, 2010 A.M. Best Co. has upgraded the issuer credit ratings (ICR) to “a+” from “a” and affirmed the financial strength rating...
Arthur J. Gallagher & Co. Acquires Tribeca Strategic Advisors December 22, 2010 Itasca, Ill.-based Arthur J. Gallagher & Co.announced it has acquired Tribeca Strategic Advisors LLC located in Mesa, Ariz. Terms of...
Texas November Enforcements Result in Nearly $215K in Fines, Restitution December 21, 2010 Enforcement actions taken by the Texas Department of Insurance that became final during November 2010 include 10 license revocations, and...
Endurance Coverage: Top 10 Insurance Cases of the Year December 21, 2010 By Randy J. Maniloff For the past 10 years I have had the privilege of publishing an end-of-year article in Mealey’s Litigation Report: Insurance...
How an E&O Claim Could Affect Agency Employee’s Career December 20, 2010 By Andrea Wells Survey Finds Agencies Take a Second Look at Hiring Employees With Past E&O Histories Today’s soft insurance market, reduced commissions...
Arthur J. Gallagher & Co. Acquires Aviation Insurance Holdings December 20, 2010 Itasca, Ill.-based Arthur J. Gallagher & Co. has announced the acquisition of Aviation Insurance Holdings Inc., headquartered in Las Vegas....