December 20, 2010
Welcome to Insurance Journal’s 2nd annual Buyer’s Guide, a tear-out directory of services, products and solutions for the insurance industry. Companies are listed within eleven different categories; Agents, Agent Networks, Agency Services, Claims, Construction/Restoration, Education/Training, Human Resources, Insurance Associations, Marketing, …
December 20, 2010
Survey Finds Agencies Take a Second Look at Hiring Employees With Past E&O Histories Today’s soft insurance market, reduced commissions and a tough economy for agency owners and their clients might be adding to agency errors and omissions (E&O) exposures. …
December 20, 2010
Attorneys for 20 states fighting the new federal health care law told a judge last week it will expand the government’s powers in dangerous and unintended ways. The states want U.S. District Judge Roger Vinson to issue a summary judgment …
December 20, 2010
The nation’s workplace safety agency is scrutinizing how Nevada handled a 2007 investigation into remodeling at the Flamingo Las Vegas, which exposed workers and, possibly, guests to dangerous airborne asbestos. The U.S. Occupational Safety and Health Administration notified Nevada OSHA …
December 20, 2010
Itasca, Ill.-based Arthur J. Gallagher & Co. has announced the acquisition of Aviation Insurance Holdings Inc., headquartered in Las Vegas. Terms of the transaction were not disclosed. Established in 1977, Aviation Insurance Holdings Inc., trading as Aviation Insurance Services (AIS), …
December 17, 2010
A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating of ‘A+’ (Superior) and issuer credit rating of “aa-” of Lloyd’s Syndicate 2001, which is managed by Amlin Underwriting Limited. Best has also affirmed the ICR of …
December 9, 2010
Mercury Insurance announced a $72-million rate reduction for California drivers that includes a rate decrease that could reach up to 10% or more, a new group affiliation discount for university alumni, and the inclusion of 24-hour roadside assistance for auto …
December 2, 2010
Dutch insurer Aegon NV will cut up to 500 jobs in the United States and discontinue sales of certain types of life insurance policies, it said on Wednesday, leading to $290 million in restructuring charges and write-downs. Aegon said the …
December 1, 2010
A.M. Best Europe – Rating Services Limited has revised the outlook to positive from stable and affirmed the issuer credit rating (ICR) of “a-” of the UK-Based non-operating holding company, Aviva plc. Best also affirmed the financial strength rating (FSR) …
November 22, 2010
Federal regulators late Friday warned 13 mining operations in seven states, including two owned by troubled Massey Energy Co., to show improvement on safety or face stricter enforcement. The Mine Safety and Health Administration says a 14th mining operation, Massey’s …