Newport Beach, California June 20, 2012. The attorneys at Bisnar| Chase Personal Injury Attorneys, LLP recently obtained a $50,000 settlement on behalf of four of their clients. Shortly after, they contracted the Bisnar| Chase law firm who began pursuing compensation from 21st Century Insurance.
Newswires
Close to 30 leading companies from the insurance industry, worth over USD 5 trillion in total assets and representing over 10 per cent of world premium volume, together with insurance associations from different regions around the world, have joined a UN-backed process to promote a set of Principles for Sustainable Insurance that aim to green the sector and…
Tampa, FL June 20, 2012. With the launch of EnterpriseInsGroup.com there is now a website for General Contractors, Electricians, Carpenters, Painters, Roofers, and Small Business Owners to go for resources and information about Commercial Insurance. Workers Compensation Insurance, General Liability Insurance, and Contractor Bonds are important risk…
The Lehigh County Insurance Fraud Task Force alleges that Baladi received $4,307 from Geico for sport utility vehicle damage that another insurer previously paid for. Baladi bought two more insurance policies for the SUV in February, one from Victoria Insurance and the other from Infinity Insurance of Upper Macungie Township, detectives said.
Tower Group, Inc. said that it has invested $7 million in 8.5 percent convertible senior notes due 2026 of Cinium Financial Services Corp., a privately owned holding company focusing on providing surety insurance and related products and services. In February of this year, Tower said that it entered into a program underwriting agreement with Cinium…
Solstice Benefits, Inc., a Florida-based dental, vision and life insurance company, announced the launch of its newly enhanced, easier to navigate website, SolsticeBenefits.com. “We’ve made some exciting changes to the site, adapting it to meet the needs of our members, groups, brokers and providers,” said Carlos Ferrera, COO of Solstice. ” They provided input, and we…
A.M. Best Co. has revised the outlook to negative from stable and affirmed the financial strength rating of B+ and issuer credit rating of “bbb-” of Granada Insurance Company. The methodology used in determining these ratings is Best’s Credit Rating Methodology, which provides a comprehensive explanation of A.M. Best’s rating process and contains the different…
Great American Insurance Group announced that Vincent McLenaghan has agreed to join Great American Insurance Group’s Property and Casualty operations, subject to execution of a formal employment agreement after July 21. He will have primary responsibility for leadership of Great American’s international P&C operations, including oversight of the P&C…
A.M. Best Company has affirmed the financial strength rating of A and issuer credit ratings of a of Regence BlueShield and its subsidiary, Asuris Northwest Health. In a release dated June 15, A.M. Best also has affirmed the FSR of A- and ICR of a- of RBS’ subsidiary, LifeMap Assurance Company, Regence BlueCross BlueShield of Oregon, as well as Regence BlueCross…
One of the partners, Bob Maddox, is known as one of the most effective construction defect plaintiff attorneys in the state, and the firm’s website notes his history of “preserv the rights of Nevada homeowners” at the Legislature. To be fair, Maddox, Isaacson& Cisneros have launched an effort to attract Hispanic clients, so it’s understandable they would hire Flores,…
PWA members Frank Klucevsek and Russell Sullivan attended. The PWA approved renewal of property insurance through the Oklahoma Municipal Assurance Group for 2012/ 2013 in the amount of $7,917.29. The PWA approved renewal of automobile liability insurance through the Oklahoma Municipal Assurance Group for 2012/ 2013 at a premium of $9,956.09.
June 19– ORWIGSBURG– A 23- year-old Schuylkill Haven man died when the motorcycle he was driving crashed along Route 61 in North Manheim Township early Monday morning. Schuylkill County Deputy Coroner Joseph Pothering pronounced Ronald R. McKay III dead at the scene at 11:19 a.m. in front of Seltzer Insurance Group. State police Trooper Eric Reber of the…
June 19– An Annapolis woman was sentenced to five years in prison Monday for using false identities to defraud banks, Social Security and multiple insurers of $2.6 million over a three-year span, federal prosecutors said. From December 2005 to August 2009, Barefoot used the aliases of Olivia JoAnne Morgan and her daughter to conduct fraudulent real estate and…
A.M. Best Co. has upgraded the financial strength rating to A from A- and issuer credit rating to“ a” from“ a-” of Stonebridge Casualty Insurance Company, the property/casualty subsidiary of AEGON N.V.. The rating actions reflect Stonebridge’ s sustained profitability and further recognition of its role and strategic importance as a member of AEGON’ s U.S. operations,…
A.M. Best Co. has placed under review with negative implications the financial strength rating of B+ and issuer credit rating of“ bbb-” of PrimeOne Insurance Company. Mr. Gibson brings to the role over 30 years of experience in the property/casualty industry. A.M. Best anticipates PrimeOne’ s ratings will be removed from under review after a credible business plan…
Concurrently, A.M. Best has assigned an FSR of B++ and an ICR of“ bbb+” to Multinational Insurance Company. The rating actions of MLIFE reflect the recent major change in its ownership structure, and subsequently, financial and managerial support and commitment from MLIFE’ s new parent company, Multinational Insurance Company, a wholly owned subsidiary of…
Allianz Life Insurance Company of North America today awarded $275,000 in financial literacy grants to 14 organizations throughout the Twin Cities area. “More than 15,000 people are directly served by these organizations through their financial education programs, which empower participants through money management skills, one-on-one counseling and…
CEDAR RAPIDS, Iowa, June 19, 2012– United Fire Group, Inc., is pleased to announce that Corey Ruehle has accepted the position of branch manager for the Midwest region. Our service center is also a part of this region and handles customer service for small- and mid-sized accounts for the states in which United Fire writes its business. He has been in the insurance…
Fitch Ratings has affirmed the’ A-‘ Insurer Financial Strength rating of the First American Title Insurance Companies. Additionally, Fitch has affirmed the’ BBB’ IDR for First American Financial Corporation. As of March 31, 2012, First American reported a GAAP calendar year combined ratio of 93% versus a 103% for first quarter-2011.
