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15
06, 2016
Persistent Soft Market Begins to Hit Reinsurer Stock Prices: A.M. Best
While global reinsurers are continuing to withstand challenging market conditions, their stock prices, on average, are starting to take a hit as a result of the persistent soft market and its negative effect on top line growth, according to a …
15
06, 2016
Judge Says Suit Against Louisiana’s Office of Group Benefits Can Advance
A Baton Rouge state judge has ruled that a lawsuit that claims the Jindal administration mismanaged the state health insurance program and illegally implemented changes to it can move forward. Six retired state employees allege the state Office of Group …
15
06, 2016
Persistent Soft Market Begins to Hit Reinsurer Stock Prices: A.M. Best
While global reinsurers are continuing to withstand challenging market conditions, their stock prices, on average, are starting to take a hit as a result of the persistent soft market and its negative effect on top line growth, according to a …
15
06, 2016
Lockton Adds Trade Credit Expert Paulson as Producer, VP in Chicago
Insurance broker Lockton has added Jerry Paulson in its Chicago office as producer and senior vice president. He will work with Lockton’s clients to deliver the company’s full suite of products, as well as evaluate political risks, credit risks, and the risks associated …
14
06, 2016
Arthur J. Gallagher & Co. Acquires Wisconsin Employee Benefits Firm
Arthur J. Gallagher & Co. has acquired The Buchholz Planning Corp. (BPC), located in Madison, Wis. Terms of the transaction were not disclosed. Founded in 1968, BPC provides employee benefits consulting and brokerage services for middle-market and large businesses and individuals …
15
06, 2016
Zika Virus Could Make Scoring Event Insurance More Difficult
Fears over the spread of the Zika virus are likely to dampen the Summer Olympics set for Rio de Janeiro in August and other summer events. The virus could also make it more difficult for summer event organizers to find …
15
06, 2016
Zika Virus Could Make Scoring Event Insurance More Difficult
Fears over the spread of the Zika virus are likely to dampen the Summer Olympics set for Rio de Janeiro in August and other summer events. The virus could also make it more difficult for summer event organizers to find …
14
06, 2016
Outlook for Farmers Alliance Mutual Insurance Revised to Negative
A.M. Best has revised the outlook to negative from stable and affirmed the financial strength rating of C++ (Marginal) and the issuer credit rating of “b” of Farmers Alliance Mutual Insurance Co. (Farmers Alliance Mutual) in Coldwater, Mich. The revised outlooks …
15
06, 2016
Montana Court Orders Man to Pay Restitution, Even for Insured Loss
The Montana Supreme Court says a man who was convicted of stealing $26,500 in cash and merchandise from his employer must pay full restitution, even if the store’s losses were mostly covered by insurance. John Creswell Dovey appealed District Judge …
15
06, 2016
Montana Court Orders Man to Pay Restitution, Even for Insured Loss
The Montana Supreme Court says a man who was convicted of stealing $26,500 in cash and merchandise from his employer must pay full restitution, even if the store’s losses were mostly covered by insurance. John Creswell Dovey appealed District Judge …