Archive for January, 2009
EPIC (Edgewood Partners Insurance Center) has entered into an agreement to acquire substantially all the assets of VRT Insurance Services Inc. The transaction is expected to close in early ...
Fourth quarter profits at Warren, New Jersey-based The Chubb Corp. fell 37 percent to $407 million from $650 million in the same quarter last year.
For the full year, net income was down 36 ...
Standard & Poor's Ratings Services has issued a bulletin indicating that "its '3' Lloyd's Syndicate Assessment (LSA) on Chaucer - Syndicate 1084 is not affected by the announcement by Chaucer ...
A.M. Best Co. has upgraded the financial strength rating (FSR) to 'B++' (Good) from 'B' (Fair) and issuer credit rating (ICR) to "bbb" from "bb+" of Canada's Coachman Insurance Company, and has ...
Dog lovers are concerned over a bill in the Hawaii Legislature that would ban ownership of pit pulls.
The bill was introduced by Senate President Colleen Hanabusa in the wake of an attack on a ...
After 14 years of service with Allianz, Charles (Chuck) Kavitsky will retire, effective July 31, 2009. Until that time, he will continue in his current role as chairman, president and CEO of ...
Woodland Hills, Calif.-based Unico American Corp. announced that A.M. Best Co. has increased its financial strength rating of Crusader Insurance Co. from B++ to A- with a rating outlook of stable. ...
Towerstone Inc., a wholesale insurance broker and managing general agency based in Dallas, announced the hiring of three new employees.
Samar Aragon has joined Towerstone as an account manager. ...
The Arkansas Senate has approved legislation that would give the governor the power to fire the state's insurance commissioner at will.
The bill would require the state insurance commissioner ...
