All the headlines from our Assurance Topic Page, ordered by recency.
Oct 14 2016 // Niche property/casualty insurer Assurant Inc., diversified multi-line writer The Chubb Corp. and specialty commercial lines insurer American Financial Group Inc. are ranked the top three performers over the most recent...
Aug 30 2016 // A.M. Best has downgraded the financial strength rating to A- (Excellent) from A (Excellent) and the issuer credit rating to “a-” from “a+” for American Capital Assurance Corp (ACAC) of St....
Jul 13 2016 // Schaumburg, Ill.-based insurance brokerage, Assurance, Anthony Way to senior vice president, practice leader. Way has been a leader and mentor in the firm’s property/casualty division for six years. Way will oversee...
Feb 23 2016 // Schaumburg, Ill.-based insurance brokerage Assurance, has added Scott McMahon to serve as vice president in the firm’s healthcare and life sciences practice.McMahon has focused his entire insurance and risk...
Jan 13 2016 // Amerisure Mutual Insurance Co., based in Farmington Hills, Mich., announced Justin Roebuck has joined the company as director of Business Analysis & Quality Assurance.In this role, Roebuck directs and advises the...
Dec 4 2015 // American Fidelity Assurance Company (AFA), a life and health insurance company based in Oklahoma City, has agreed to pay $209,000 to settle allegations that it failed to cover mandated benefits required by state law and...
Oct 16 2015 // Ask truck drivers about the most important aspect of their job and chances are you will get the same answer: safety.Last year, about 78,000 total crashes were reported to the Minnesota Department of Public Safety. Of those...
Sep 21 2015 // Saudi Arabia’s United Cooperative Assurance said on Sunday it had received a claim from Saudi Binladin Group over the collapse of one of the construction firm’s cranes this month at the Grand Mosque in Mecca...
Jan 5 2015 // The Andrew Agency, an independent insurance agency in Richmond, Virginia, announced it has acquired Assurance Associates and The Bradshaw Agency, two retail agencies also based in Richmond. Terms of the transactions were...
Dec 1 2014 // The Demotech Company Classification System categorizes insurers into one of 11 categories based on an analysis of data reported by the companies to the National Association of Insurance Commissioners (NAIC). The 11...
Nov 11 2014 // Allied World Assurance Company Holdings AG announced that its U.S. holding subsidiary has reached a definitive agreement to acquire Latin American Holdings Ltd., a program administrator that has underwritten trade credit...
Oct 8 2014 // Allied World Assurance Co. agreed to take a stake in private-equity firm Blue Vista Capital Management LLC in a push into real estate investing.The insurer will also invest $225 million of its portfolio with Blue Vista,...
Jun 4 2014 // A.M. Best has affirmed the financial strength rating of ‘A’ (Excellent) and the issuer credit rating of “a” of Iowa-based Toyota Motor Insurance Company (TMIC), both with stable outlooks. Best said...
Feb 10 2014 // The IMA Financial Group Inc., headquartered in Wichita, Kan., announced that Kyle Orndorff has returned to the company as senior vice president of human resources. Based in IMA’s Wichita office, Orndorff will oversee...
Jan 16 2014 // Assurance, an independent insurance brokerage with offices in the Chicago, Ill., and St. Louis, Mo.-areas, announced that Robert Davidson and Jennifer Jungers are its Employees of the Year for 2013.Aussurance has been...
Dec 23 2013 // A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A+’ (Superior) and the issuer credit ratings (ICR) of “aa-” of ProAssurance Casualty Company, ProAssurance Indemnity Company, Inc....
Nov 18 2013 // State Specialists are often an independent agent’s most reliable and consistent market. These companies are focused on a specific geographic area, understand it and consistently strive to serve it.The Demotech...
May 24 2013 // Standard & Poor’s Ratings Services announced that it has reviewed its ratings on 22 large global reinsurance groups by applying its new ratings criteria for insurers, which were published on May 7, 2013. (See...
Mar 1 2013 // Melanie DeVos has been promoted to vice president, Client Services – Property and Casualty at Assurance, an independent insurance brokerage located in Schaumburg, Ill., and St. Louis, Mo.This newly created role is...
Feb 25 2013 // Insurance brokerage and risk management firm Integro announced that Thomas Zacharopoulos, managing principal and the firm’s market relations leader, will assume the role of Chicago operations leader.The move to...