Several taxi companies that advertise their services on the Hilton Head, S.C. resort island are not licensed by the town. That means they don’t get their insurance isn’t verified, their cars don’t go through safety inspections and there’s no guarantee …
Fitch Ratings announced that it has placed the “A” insurer financial strength ratings of Max Re Ltd. and its Dublin-based subsidiaries, Max Re Europe Limited and Max Insurance Europe Limited on Rating Watch Negative. Fitch also placed the “A-” Issuer …
“During the past 10 years, the Canadian automobile insurance industry’s underwriting results have changed dramatically as reflected by the significant variations in the direct loss ratio,” concludes a special report on the industry from A.M. Best Co. “From 1996 to …
Quanta Capital Holdings Ltd. announced that it has entered into a new credit facility with ING Bank N.V., London Branch, as Mandated Lead Arranger, and a syndicate of lenders. “The primary use of the new facility is to support the …
A.M. Best Co. has commented that the ratings of Bermuda-based Catlin Group Limited (Catlin), Catlin Insurance Company Limited (CICL), also based in Bermuda, and the U.K.-based Catlin Insurance Company (UK) Ltd. remain under review with negative implications following the announcement …
Sir Nicholas Stern, former chief economist of the World Bank, Head of the U.K. Government Economics Service and Adviser to the Government on the economics of climate change and development, has delivered “the most comprehensive review ever carried out on …
Washington’s Department of Labor and Industries (L&I) has added a fifth public hearing on its proposal to lower workers’ compensation rates by an average of 2 percent next year. The hearing will be at 1 p.m. Tuesday, Nov. 7, at …
Employers has established a new office in Salt Lake City to serve the workers’ compensation insurance needs of Utah’s small businesses. The company specializes in providing workers’ compensation insurance and services to small businesses in low- to medium-hazard groups. Insurance …
The New Mexico Insurance Fraud Bureau, a bureau of the New Mexico Public Regulation Commission Insurance Division, is hosting the 2006 National Insurance Fraud Directors Conference in Santa Fe, N.M., on Oct. 30- Nov. 1. New Mexico Superintendent of Insurance …
Dying winds and cooler temperatures helped firefighters begin to get the upper hand Sunday on a 63-square-mile wildfire that killed four firefighters, although the blaze was still threatening a wilderness area plagued by drought and filled with dead trees. Fire …