A.M. Best Co. has released the following criteria reports:. Best’ s Perspective on Operating Leverage Rating Members of Insurance Groups A.M. Best’ s Liquidity Model for U.S.
Newswires
Omega Insurance Holdings Ltd. has rejected a merger approach from fellow Lloyd’s underwriter Barbican Group Holdings Ltd., declaring it contained “no improvement on earlier proposal.”…
A.M. Best Co. has upgraded the financial strength ratings to A+ from A and the issuer credit ratings to“ aa-” from“ a+” of Arch Reinsurance Ltd., its strategic affiliates and its separately rated affiliate, Arch Specialty Insurance Company. A.M. Best also has upgraded the ICR to“ bbb+” from“ bbb” of Arch Capital Group Inc..
A.M. Best Company has made the following rating update:. Company: Anthracite Mutual Fire Insurance Company. To obtain more information about this company, please visit:.
Specialist insurer Markel International said it signed a joint venture agreement with Anglo Underwriting GmbH that could lead to Markel’s acquisition of the Munich- based commercial insurer.
Carmel, IN – January 23, 2012 – Raymond J. Ohlson, CLU, CRC, President and CEO of The Ohlson Group, Inc….
Germany- based Talanx Group made a further investment in its strategic target market of Poland as Talanx International AG announced it would acquire 100% of the shares in Tuir Warta SA for 770 million euros from the Belgium’s KBC Group NV.
A week after the Obama administration slapped Lake Forest-based Trustmark Life Insurance Co. for what it called an “excessive” rate increase, small insurers like United Security fear they may be the next in line for a public shaming…
The Hartville Group announced new plans that will expand coverage in the ASPCA Pet Health Insurance program to include 90 percent reimbursement of eligible veterinary expenses, treatments for hereditary and congenital conditions, and higher per-incident limits, among other new benefits…
Travelers who prefer the variety, flexibility, and convenience of vacation rentals via YELLOW7’ s VacationList.com will soon be able to purchase affordable, benefit-rich travel insurance provided by Access America.
The insurance segment of XL Group plc today announced the appointment of Jason Harris as Chief Executive of its International P&C Insurance business. Mr. Harris will be based in London and report to Greg Hendrick, CEO of XL’s insurance segment.
Jan. 23– FORT WORTH– Ninety-three homeowners in Tarrant County are feeling safer after building tornado shelters financed partially by the federal government.
A Morgan County jury determined that the owners of a Lake of the Ozarks lake house were not responsible for debilitating injuries a guest suffered. In July 2006, 69- year old Vera Kirn and her family were vacationing at a lake house owned by Alphonse and Shirley Doering. The Kirns had rented the house, on the Lake of the Ozarks in Morgan County, from the Doerings.
Epic Programs Group, a managing underwriter and program administrator providing risk management and insurance solutions nationally, announced that they have expanded the menu of coverage available in their newest program for Pizza Restaurants and Delivery Operators. Limits of coverage can range from $1 million to $10 million.
Aperture Health, Inc. announced that it has completed the acquisition of Triad Therapeutics, Inc., a homecare infusion therapy and nursing provider in New Jersey serving the tri-state area. The Company noted, as a result, Triad has become a subsidiary of Aperture Health, Inc., and will remain as the operating company for the combined business.
Starting this month, BCBSMA announced it becomes the first Massachusetts- based health insurer to offer its health insurance coverage and services to members who travel or live overseas for their work.
The Jarvis building anchored the southwest corner of the 200 block of 17th Street, which many city historians consider the hub of the original downtown Virginia Beach.
Harvey W. “Butch” Raynor III, a former deputy Cumberland County attorney, has joined The Law Offices of Lonnie M. Player Jr. PLLC in the practice of municipal law, creditor’s rights in bankruptcy and administrative law before local, state and federal boards and agencies.
A.M. Best Co. has removed from under review with negative implications and affirmed the financial strength rating of B and issuer credit rating of “bb” of United Security Assurance Company of Pennsylvania.
