All the headlines from our Assurance Topic Page, ordered by recency.
Oct 4 2011 // Ark Assurance Group in Tyler, Texas, has joined SBMP Inc. Ark Assurance was established in 1977 and is owned by Criss Sudduth and John Hinsley Jr. SBMP is a group of agencies based in Texas and currently has 30 locations...
Sep 1 2011 // Standard & Poor’s Ratings Services has assigned its ‘A’ financial strength rating to Allied World Assurance Co. AG (AW Switzerland), a newly formed operating subsidiary of Bermuda-based operating...
Aug 24 2011 // A.M. Best Co. has upgraded the issuer credit rating to “a+” from “a” and affirmed the financial strength rating of ‘A’ (Excellent) of AMEX Assurance Company, a wholly owned subsidiary of...
Jun 20 2011 // Zurich Financial Services Group announced that its subsidiary, Zurich Insurance Company Ltd., has signed an agreement to acquire 100 percent of the share capital of Malaysian Assurance Alliance Berhad (MAAB), a Malaysian...
Jun 13 2011 // Transatlantic Holdings, Inc. and Allied World Assurance Co. Holdings, AG on Sunday signed a merger agreement that will create a leading, global specialty insurance and reinsurance company. The combined entity will have...
May 31 2011 // A.M. Best Co. has revised the outlook to negative from stable and affirmed the financial strength rating of ‘A-‘ (Excellent) and issuer credit rating of “a-” for Minnesota-based Benchmark Insurance...
Mar 25 2011 // Standard & Poor’s Ratings Services said that its ‘BB+(sf)’ rating on Topiary Capital Ltd.’s Series 2008-1 notes will remain on CreditWatch, where it was placed on March 18, 2011, with negative...
Mar 7 2011 // Colorado’s Senate Business, Labor and Technology Committee unanimously recommended the confirmation of John Cevette, Blair Richardson and John Plotkin to Pinnacol Assurance’s board of directors. On Feb. 22,...
Mar 4 2011 // The board of insurance company Pinnacol Assurance has voted to strip CEO Kenneth Ross of his bonus for 2010.The Denver Post reports the board of the state-chartered workers’ compensation insurer made its decision...
Mar 4 2011 // A.M. Best Co. has placed under review with negative implications the financial strength rating of ‘A’ (Excellent) and issuer credit rating of “a” of New Zealand Local Government Insurance...
Jan 20 2011 // A.M. Best Co. has upgraded the issuer credit rating (ICR) to “bb+” from “bb” and affirmed the financial strength rating (FSR) of ‘B’ (Fair) of Unifund Assurance Company, which is based...
Dec 2 2010 // Pinnacol Assurance, Colorado’s leading provider of workers’ compensation insurance, has named Kathy Kranz as the new associate vice president of finance. She previously served as the company’s...
Nov 9 2010 // A.M. Best Co. has commented that the financial strength rating (FSR) of ‘A+’ (Superior) and issuer credit ratings (ICR) of “aa-” of Erie Insurance Group and its members are unchanged following the...
Oct 29 2010 // Denver-based Pinnacol Assurance, Colorado’s leading workers’ compensation provider, received five communications awards at the annual Colorado Healthcare Communicators awards dinner. Pinnacol won two Gold Leaf...
Sep 6 2010 // Colorado’s Division of Insurance announced it has reached a settlement agreement with Pinnacol Assurance concerning filing issues raised earlier this year. Meanwhile, the quasi-governmental workers’...
Aug 26 2010 // Colorado’s Division of Insurance announced it has reached a settlement agreement with Pinnacol Assurance, the state’s largest workers’ compensation insurer, concerning filing issues raised earlier this...
Aug 25 2010 // A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a” of Bermuda-based Allied World Assurance Company, Ltd. and its operating...
Aug 25 2010 // A.M. Best Co. has affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit rating of “a” of AMEX Assurance Company, a wholly owned subsidiary of American Express Company. The...
May 17 2010 // A.M. Best Co. has affirmed the financial strength rating of ‘A-‘ (Excellent) and issuer credit rating (ICR) of “a-” of Bermuda-based International General Insurance Company Limited (IGI). Best also...
Apr 5 2010 // Pinnacol Assurance, Colorado’s quasi-governmental workers’ compensation insurer, has submitted a potential separation agreement to Colorado Gov. Bill Ritter that would establish Pinnacol as a domestic mutual...