The current economic crisis is negatively impacting fire departments in the state of Massachusetts, according to a comprehensive national survey of firefighters from nearly 9,500 fire departments or 30 percent of departments in the country, including 195 fire departments in Massachusetts.
“Supporting Safer Communities: A National Fire Service Survey,” sponsored by Fireman’s Fund Insurance Company, found [...]

Great American Insurance Group’s Executive Liability Division is pleased to announce the acquisition of the Non Profit and Employment Practices Liability book of business from AUSCO, a division of Financial & Professional Risk Solutions, Inc., a subsidiary of Aon Corporation.
AUSCO has been providing management liability solutions for non-profit organizations since 1981. Since 2005, AUSCO and [...]

Great American Insurance Group’s Executive Liability Division is pleased to announce the acquisition of the Non Profit and Employment Practices Liability book of business from AUSCO, a division of Financial & Professional Risk Solutions, Inc., a subsidiary of Aon Corporation.
AUSCO has been providing management liability solutions for non-profit organizations since 1981. Since 2005, AUSCO and [...]

(TSX:KFS, NYSE:KFS) Kingsway Financial Services Inc. (”Kingsway”) announces that the Pennsylvania Insurance Department (the “Department”) has completed its review of a proposed RBC plan (the “Plan”) filed by Lincoln General Insurance Company (”Lincoln General”). The Department has determined that Lincoln General’s Plan is satisfactory and may be implemented immediately.
As previously announced, Lincoln General submitted its [...]

AIG Commercial Insurance, announced that it will service all casualty insurance coverage for the public sector through its Lexington Insurance Company unit. Specifically, effective as of January 1, 2009, Lexington’s Casualty Division will manage the public entity commercial umbrella and excess casualty portfolio of AIG Specialty Excess, a division of AIG Excess Casualty, which along [...]

A.M. Best Co. has revised the outlook to positive from stable and affirmed the financial strength rating of B+ (Good) and issuer credit rating of “bbb-” of Westminster American Insurance Company (Westminster) (Westminster, MD).
The ratings reflect Westminster’s favorable risk-adjusted capitalization and improved operating performance. Westminster’s capital position is derived from the demutualization of the former [...]

American Equity Investment Life Holding Company announced that its Board of Directors has declared a cash dividend of $0.07 per share to owners of its common stock. This marks the tenth consecutive year a cash dividend has been declared and the fifth year in a row that the Company has increased its cash dividend. [...]

A.M. Best Co. has placed the financial strength rating (FSR) of B++ (Good) and issuer credit rating (ICR) of “bbb” of Shenandoah Life Insurance Company (Shenandoah Life) (Roanoke, VA) under review with developing implications.
These rating actions follow a public announcement of Shenandoah Life’s proposed merger with OneAmerica Financial Partners, Inc. (OneAmerica). Under the proposed plan, [...]

OneAmerica Financial Partners, Inc. and Shenandoah Life Insurance Company announced the signing of a letter of intent that describes a proposal to merge the two organizations. Under the proposal, Shenandoah would become a subsidiary of OneAmerica®, joining American United Life Insurance Company, The State Life Insurance Company, Pioneer Mutual Life and R.E. Moulton, Inc. Completion [...]

First American Title Insurance Company announced that it will replace recorded mortgage documents, property tax information, recorded deeds and tax assessor maps at no charge for homeowners who lost their homes in the recent fires in Southern California.
“We recognize that California is not immune to natural disasters and we want to help those homeowners [...]