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| Ratings Roundup: MAPFRE Florida, Selective (stock/debt) October 23, 2009 at 12:27 pm |
| A.M. Best Co. has upgraded the financial strength rating (FSR) to 'A' (Excellent) from 'A-' (Excellent) and the issuer credit rating (ICR) to "a" from "a-" of MAPFRE Insurance Company of Florida. ... |
| WTO Head Says Doha Round Agreement May Be 'Out of Reach' October 23, 2009 at 12:14 pm |
| The goal of signing a new global commerce deal in 2010 is out of reach unless countries accelerate their negotiations, the World Trade Organization's Director-General Pascal Lamy said on ... |
| Florida's Citizens Reconsiders, Renews Policy on House With Chinese Drywall October 23, 2009 at 12:12 pm |
| Florida's state-backed property insurer has taken a second look at a home with corrosion from defective Chinese drywall and decided to renew its homeowners' insurance policy on the house after ... |
| North Dakota Flood Plans Make People North of Fargo Uneasy October 23, 2009 at 12:07 pm |
| Talk in Fargo-Moorhead, N.D., of billion-dollar flood protection projects has some officials to the north a bit uneasy. "I think there's going to be water coming at us like we don't know ... |
| Explosion and Fire Rip Through Puerto Rico Oil Facility October 23, 2009 at 12:01 pm |
| An explosion and huge fire ripped through an oil storage and refinery site outside Puerto Rico's capital San Juan Friday, forcing the evacuation of around 350 people from a nearby neighborhood, ... |
| Illinois Suspends Operations of Medical Liability Insurer October 23, 2009 at 11:48 am |
| Illinois Director of Insurance Michael McRaith has suspended the operations of medical liability insurer Professional Liability Insurance Company of America (PLICA). Under the Department of ... |
| California's SCIF Names Interim CEO October 23, 2009 at 11:46 am |
| The board of directors of California's State Compensation Insurance Fund today announced that it has appointed Doug Stewart, Chief Risk Officer, as president and CEO on an interim basis, replacing ... |
| California Still at Earthquake Risk October 23, 2009 at 11:40 am |
| California is still vulnerable to devastating loss should another earthquake occur like the Loma Prieta earthquake, which occured 20 years ago, according to ProtectingAmerican.org. "The ... |
| Socius Hires in California and Illinois October 23, 2009 at 11:31 am |
| Socius Insurance Services, Inc., a San Francisco-based management liability and property & casualty insurance wholesaler, today announced the appointment of Devin Wright as assistant vice ... |
| California Commissioner Warns Seniors About Agents October 23, 2009 at 10:59 am |
| California's Insurance Commissioner is worried that crooked health insurance agents may target seniors during open enrollment for Medicare Advantage and Prescription Drug Program. Insurance ... |
| Rockhill's New Underwriting Division to Focus on Healthcare Industry October 23, 2009 at 10:37 am |
| Rockhill Underwriting Management has established a new underwriting division focused on serving specific segments of the healthcare industry. The unit will be led by Rob Jurgel, who has 20 ... |
| Louisiana Citizens Rate Increase Will Be Less Than Expected October 23, 2009 at 10:34 am |
| A projected 10 percent increase in rates for clients of the Louisiana Citizens Property Insurance Corp. will "probably be less than that," the chief executive officer of the state's insurer of ... |
| Louisiana Alone in Construction Jobs Gains October 23, 2009 at 10:30 am |
| Louisiana was the only state in the country where more people were working in the construction industry last month than in September 2008. That's according to a state-by state analysis by the ... |
| GEICO Opens West Virginia Office October 23, 2009 at 9:53 am |
| GEICO hosted the grand opening of its new local office in Morgantown, West Virginia this week. Jim Robinson, local GEICO field representative, heads the Morgantown office. The open house ... |
| Florida Judge: $97M Nicaraguan Judgment Against Dole Unenforceable October 23, 2009 at 9:22 am |
| Florida judge has said a $97 million judgment against U.S. food giant Dole and Dow Chemical Co. cannot be enforced because the Nicaraguan court that issued it neither had jurisdiction nor met ... |
| The Hartford Settles for $1.3M in Price-Fixing Suit October 23, 2009 at 7:47 am |
| The Hartford will pay $1.3 million to settle allegations over its role in a scheme to improperly inflate insurance and reinsurance prices nationwide by more than a third, Connecticut Attorney ... |
| Connecticut Recovers $700K for Consumers October 23, 2009 at 7:43 am |
| The Connecticut Insurance Department's Consumer Affairs unit says it recovered more than $700,000 for consumers in the third quarter. The department received 1,696 complaints this quarter ... |
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