AIG Financial Product Employees Accept Retention Pay Cuts
Most current employees at the financial products unit of American International Group Inc. eligible for money owed them under a retention plan told the company they would accept less money in …
Zurich Eyes Brazil Growth
Swiss Insurer Zurich Financial Services
Ratings: RSA Canada, Korean Re, New India, Labuan Re, Al-Ahleia, Generali/Volksfuersorge, GCAN
A.M. Best Co
A.M. Best Downgrades Michigan Millers Mutual Insurance Co.
A.M. Best Co. announced it has downgraded the financial strength rating (FSR) to B++ (Good) from A- (Excellent) and issuer credit rating (ICR) to “bbb+” from “a-“ of …
AIG Asks Financial Product Employees to Take Retention Pay Cut
American International Group Inc.
Zurich Enhances Global Risk Assessment Module
Zurich Financial Services has announced “key enhancements to its Global Risk Assessment Module (GLORAM). The program is designed to assist businesses in coping with their risk management …
Best Affirms RSA Group’s ‘A’ Ratings
A.M.
Best Raises PARIS RE and Affiliates Ratings to ‘A’; Outlook Positive
A.M. Best Co.
White Mountains Re to Buy Troubled Nebraska-Based Insurer
White Mountains Re Ltd., a wholly owned subsidiary of White Mountains Insurance Group Ltd. has agreed to acquire Central National Insurance Company of Omaha, Neb.,
Cincinnati Financial Founder Robert Schiff Dies at 86
Cincinnati Financial Corp. said that Robert C
Best Affirms Fireman’s Fund ‘A’ Ratings
A.M. Best has affirmed the financial strength rating (FSR) of 'A' (Excellent) and issuer credit ratings (ICR) of “a” of Fireman’s Fund Insurance Companies, which includes …
A.M. Best Upgrades Farm Bureau County Mutual Insurance Co. of Texas
A.M.
Marsalese Named Branch Vice President at CNA
CNA Financial Corp. has appointed Sherri Marsalese vice president of its Pittsburgh branch, effective Jan. 25
Florida CFO Helps Customers Recover $22 Million from Insurers
The Department of Financial Services helped recover over $22 million for Florida’s insurance consumers in 2009, according to officials. The $22 million represents an increase from $14 …
CNA Chief Motamed: What’s Ahead for CNA, Economy, Industry
After 30 years at Chubb Corp, Thomas Motamed joined Chicago-based commercial lines insurer CNA Financial in January 2009 as chairman and CEO. In this edited interview with Insurance …
Ratings Recap: Transsib Re, AmerInst
A.M. Best Co.
Ratings: Catholic Knights, Direct General, John Henry Smith Motor, Prime, Pathfinder, National Contractors, Seven Seas
A.M. Best Co. has downgraded the financial strength rating to 'B' (Fair) from 'B+' (Good) and issuer credit rating to “bb+” from “bbb-” of Catholic Knights of Milwaukee, …
Best Affirms USAA’s ‘A++’ Ratings
A.M. Best Co
Best Affirms Allstate New Jersey ‘A-’ Ratings; Outlook Stable
A.M. Best Co. has affirmed the financial strength rating (FSR) of 'A-' (Excellent) and issuer credit ratings (ICR) of “a-” of Allstate New Jersey Insurance Group and its members.
Best Analyzes AIG; Affirms Most P/C, L&H Ratings; Outlook Negative
A.M.
Ratings: NIPPONKOA, Russian Re, Lemma, Lakeside Re, Inter Hanover
A.M.
Michigan Orders Florida Man to End Unlicensed Insurance Activity
The Michigan Office of Financial and Insurance Regulation (OFIR) has ordered a Florida man who is not licensed to sell insurance
Best Affirms Zurich’s ‘A’ Ratings
A.M.
Best Affirms Arch Re and Affiliates ‘A’ Ratings; Stable Outlook
A.M. Best Co. has affirmed the financial strength rating (FSR) of 'A' (Excellent) and issuer credit ratings (ICR) of “a+” of Bermuda-based Arch Reinsurance Ltd.
Ratings Roundup: First Colonial, Mount Carroll, Cherokee
A.M.
IMA Hires Otto as Sales Executive in Kansas City
The risk and insurance services company, IMA Financial Group Inc., announced that Heather Otto has joined IMA’s Kansas City location as a sales executive. Otto has successfully managed …
Ratings Recap: WUEBA (Chartis), Solid, West of England Club, Coface, InterGlobal
A.M.
Ratings Roundup: Novae, DAS Legal
A.M. Best Co. has downgraded the financial strength rating to 'B++' (Good) from 'A-' (Excellent) and the issuer credit rating (ICR) to “bbb+” from “a-” of Novae Insurance …
IMA Hires Sustr as an Employee Benefits Account Executive
Insurance broker IMA Inc. has named Pavlina Sustr an employee benefits account executive specializing in international accounts for IMA of Colorado based in Denver. IMA is part of IMA Financial …
Ratings Roundup: Hyundai, Al Fajer Re, Jordan
A.M. Best Co. has affirmed the financial strength rating (FSR) of 'A-' (Excellent) and the issuer credit rating (ICR) of “a-” of South Korea's Hyundai Marine & Fire Insurance Co., …
