All the headlines from our Allied Insurance Topic Page, ordered by recency.
Aug 27 2007 // An Ohio couple whose vehicle was wrecked are entitled to more than just the money it will cost to repair it, according to a state appeals court ruling that found the couple also should be compensated because the accident...
Aug 22 2007 // A.M. Best Co. has affirmed the financial strength rating of “A-” (Excellent) and assigned an issuer credit rating of “a-” to Park Assurance Company of Burlington, VT with a stable outlook....
Aug 15 2007 // A.M. Best Co. has downgraded the financial strength rating (FSR) to “B-” (Fair) from “B” (Fair) and the issuer credit rating (ICR) to “bb-” from “bb” of Nationwide Insurance...
Aug 7 2007 // A federal appeals court is poised to review a judge’s verdict last year in the first trial among hundreds of lawsuits that Mississippi homeowners filed against insurance companies in Hurricane Katrina’s...
Jul 31 2007 // Deaths from traffic crashes in Arkansas slightly increased last year, as the nationwide average dropped, new federal statistics show.The National Highway and Traffic Safety Administration recorded 665 fatal crashes in 2006...
Jul 23 2007 // Federal court to hear Nationwide’s Miss. storm surge appealA federal appeals court has set Aug. 6 as the date to hear arguments on whether Nationwide Mutual Insurance Co. should be forced to cover storm surge damage...
Jul 19 2007 // Nationwide Mutual Insurance Co. has settled 10 lawsuits filed by Mississippi homeowners in a dispute over damage from Hurricane Katrina.The settlement was announced Monday by Biloxi attorney Jack Denton. Two weeks ago,...
Jul 6 2007 // A federal appeals court has set Aug. 6 as the date to hear arguments on whether Nationwide Mutual Insurance Co. should be forced to cover storm surge damage to a Mississippi’s couple’s home from Hurricane...
Jul 2 2007 // Specialty insurance broker Burns & Wilcox announced it has access to specified medical professions products offered by Shand Morahan & Co. Inc. and Colony Insurance Co.The markets can be written with combined...
Jun 28 2007 // The Nationwide Insurance Companies, who agreed to voluntarily reevaluate Hurricane Katrina slab cases in April, have paid an additional $25 million in claims payments since the reevaluation process began, according to...
May 29 2007 // Two insurers, Nationwide and Germania, have made donations to the Texas Arson Hotline, the Insurance Council of Texas reported. Each donated $1,000.The Arson Hotline has been responsible for more than two dozen arrests on...
May 25 2007 // A.M. Best Co. has assigned a debt rating of “bbb” to the $400 million 6.75 percent fixed-to-floating rate junior subordinated notes issued by Nationwide Financial Services, Inc. The notes have a scheduled...
May 21 2007 // Allstate Corp. and Nationwide Mutual Insurance Co. have been subpoenaed by a federal grand jury investigating the insurance industry’s handling of Hurricane Katrina claims in Mississippi, the companies said.Allstate,...
May 16 2007 // Standard & Poor’s Ratings Services has assigned its “BBB-” preferred stock rating to Delphi Financial Group Inc.’s proposed $150 million, junior subordinated deferrable interest debentures with...
May 7 2007 // Nationwide to readjust 500 Miss. Katrina claimsNationwide Mutual Insurance Co. will readjust claims for about 500 Mississippi policyholders whose homes were reduced to foundations by Hurricane Katrina, state Insurance...
May 1 2007 // Due to the huge success and continued growth of all of their offered programs, combined with a catastrophe free season, Professional Program Insurance Brokerage has reduced their property rates nationwide. New rates take...
Apr 20 2007 // Nationwide Mutual Insurance Co. will readjust claims for about 500 Mississippi policyholders whose homes were reduced to foundations by Hurricane Katrina, state Insurance Commissioner George Dale said.The so-called...
Apr 2 2007 // An arbitration panel has approved a statewide average increase of 54 percent for homeowners rates that Nationwide Insurance requested last year – but for many policyholders it will likely be much less because of a...
Mar 8 2007 // Bliss and Glennon, Inc., a managing general agency and surplus lines broker, has announced its expansion into the Central and Southeast regions of the country.Robert P. Abramson, director of Excess and Surplus Lines,...
Feb 27 2007 // St. Louis-based GMAC Insurance announced the nationwide rollout of its specialized RV insurance through independent agencies. The move comes as part of a GMAC Insurance initiative to expand its product offerings sold...