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Today’s Insurance Headlines – Insurance Journal     
  Kentucky's Arison Insurance Acquires Benefits Solutions

Louisville, Ky.-based insurance and benefits broker Arison Insurance Services, Inc. has acquired London, Ky. based insurance broker, Benefits Solutions, LLC. The acquisition creates Arison's ...

Ratings Recap: Skandia, Al Fajer Re

A.M. Best Co. has affirmed the financial strength rating of 'A '(Excellent) and issuer credit ratings of "a" of Sweden's Skandia Insurance Company Ltd. and Skandia Life Assurance Company Limited ...

Texas Mutual Successful on Appeal in Workers' Comp Bad Faith Case

A Houston Court of Appeals has dismissed a case involving workers' compensation benefits claim disputes with Texas Mutual Insurance Co. in a move that according to the insurer resolves ...

Foremost Insurance Group Launches Auto Program in New York

Foremost announces their DISTINCTCHOICE auto program in New York. Foremost's new auto program is designed with increased limits, deductible options and important coverages for drivers. The ...

Smith Named Missouri Insurance Agents' Person of the Year

Dennis Smith of Columbia, Mo., has been honored as the Missouri Association of Insurance Agents' Insurance Person of the Year. The award was given at MAIA's annual Leadership Conference on July ...

Neace Lukens Opens Dayton, Ohio, Office; Grows Construction Group

Louisville, Ky.-based insurance broker Neace Lukens has opened a new office in Dayton, Ohio. The new office consists of two full-time employees. Michael Ward joins as vice president of its ...

S&P Raises Arch Capital Group's Ratings to 'A-'; Outlook Stable

Standard & Poor's Ratings Services has raised its counterparty credit rating on Arch Capital Group Ltd. to 'A-' from 'BBB+'. S&P also raised its counterparty credit and financial strength ...

Japan Supertanker Probe Reveals Crash Impact

A Japanese supertanker, which triggered fears of an attack in the sensitive Strait of Hormuz oil shipping route, collided with something, possibly a submarine or mine, UAE port officials ...

Crews Work to Cap New Oil Leak Along Louisiana's Coast

Crews are working to cap a new oil leak in a Louisiana coastal inlet after a barge slammed into an abandoned well on July 27, sending a shower of water, natural gas and oil spewing about 100 into ...

Crosby to Head OneBeacon's New E&S Division

Massachusetts-based OneBeacon Insurance Group said it is launching a new E&S lines business and has appointed Dennis Crosby as president of the business, OneBeacon Excess and Surplus ...

Agent Gets 3 Years for Pocketing Premiums in New Jersey

A former Pennsylvania insurance agent has been sentenced to three years in prison for his role in scheme to steal hundreds of thousands of dollars in premiums, according to the New Jersey attorney ...

Survey: Public Opposes Allowing Policyholder Suits Against Insurers

A majority of Americans believe that laws allowing people to sue their own auto insurance company for punitive damages, in addition to receiving benefits for their insured claim losses, are not a ...

North Dakota Property Crime Rate Down, but Violent Crimes on Rise

Attorney General Wayne Stenehjem says North Dakota's crime rate dropped slightly last year, but the number of violent crimes rose. A new report provides North Dakota statistics for a number of ...

South Carolina Court Upholds $10 Million Award Against Bar, Owners

South Carolina liquor stores, bars and their owners may be liable for injuries caused by a patron they "knew or should have known" was intoxicated even if the customer does not appear drunk. The ...

Diette Joins Target Insurance Services

Connecticut-based managing general underwriter Target Insurance Services has named Mark Diette as senior vice president in charge of business development. Diette, who will also lead one of ...

 
 
 
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