As a leader in the property and casualty insurance marketplace, South Florida-based Universal Property & Casualty Insurance Co. certainly understands the science of risk management and protecting the assets of its customers.
As part of its corporate business continuity/data protection plan, Universal has decided to expand the scope of its colocation/disaster recovery coverage with 1Vault Networks [...]

Employers Mutual Casualty Company (Employers Mutual), the parent company of EMC Insurance Group Inc. announced to its employees that the statutory combined trade ratio of the EMC Insurance Companies for the year ended December 31, 2008 was 109.8 percent. This announcement was made in conjunction with a company-wide disclosure of the results of Employers Mutual’s [...]

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 assigned a financial strength rating (FSR) of B+ (Good) and an issuer credit rating (ICR) of “bbb-” to Waco Fire and Casualty Insurance Company (Waco) (Atlanta, GA). The outlook assigned to both ratings is stable.
The ratings and outlook reflect Waco’s solid risk-adjusted capitalization and management’s near-term projections, which call for continued [...]

A.M. Best Co. has upgraded the financial strength rating (FSR) to A (Excellent) from B- (Fair) and issuer credit rating (ICR) to “a” from “bb-” of Great Lakes Casualty Insurance Company (GLCIC) (Grand Rapids, MI). The ratings have been removed from under review with positive implications and assigned a stable outlook.
These rating actions follow the [...]

enkins Insurance Group, a Leavitt Group affiliated agency, is pleased to announce the hiring of Scott W. Reynolds as a Vice President. Scott will lead Jenkins’ new Energy Practice with a focus on the Renewable Energy industry.
Reynolds has been in the insurance industry for 28 years with extensive experience in the Energy field. He was [...]

ICW Group Insurance Companies, which partners with 3,800 agents and brokers across the United States, is now offering workers’ compensation insurance in the state of Illinois.
The super-regional carrier’s industry-leading claims services and forward-thinking risk management has helped thousands of companies create a safe and productive work environment, while lowering the costs associated with workers’ compensation [...]

The list of Ward’s 50 top performing insurance companies was released by Ward Group, an operational consulting firm and leading provider of benchmarking and best practices services to the insurance industry.
Annually, Ward Group analyzes the financial performance of over 3,100 property-casualty insurance companies and over 800 life-health insurance companies domiciled in the United States and [...]

Universal Insurance Holdings, Inc, a vertically integrated insurance holding company, announced that it has been named to the Fortune Small Business magazine 2009 ‘FSB 100′ list of ‘America’s fastest-growing small public companies.’ Universal Insurance Holdings ranked #2 on the list, which can be found at the following Web address: http://money.cnn.com/magazines/fsb/fsb100/2009/full_list
According to Fortune Small Business, the [...]

Federated National Insurance Company (”Federated National”), a wholly-owned subsidiary of 21st Century Holding Company insurance holding company, today announced that it received approval from the Florida Office of Insurance Regulation (”OIR”) to write commercial residential property business in the state of FloridaMichael H. Braun, President of Federated National and Chief Executive Officer of 21st [...]