State Automobile Mutual Insurance Company announced today that it has agreed to acquire Rockhill Insurance Group of Kansas City, Mo. Closing is expected in the first quarter of 2009, subject to approval by regulatory authorities.
Rockhill Insurance Group writes approximately $135 million in specialty property and casualty direct written premium through four insurance company subsidiaries: Rockhill [...]

American Safety Insurance Holdings, announced today that A.M. Best Company has affirmed the financial strength rating of “A” (Excellent) of its U.S. insurance and Bermuda reinsurance subsidiaries, and has assigned a “stable” outlook.
The rating applies to the members of the American Safety Insurance Group of Companies, which includes: American Safety Casualty Insurance Co.; American Safety [...]

Selective Insurance Group, reported its financial results for the third quarter ended Sept. 30, 2008.
Selective Chairman, President and CEO Gregory E. Murphy stated, “Our conservative investment philosophy and continued focus on long-term strategies, including expense management, enabled us to maintain profitability during an extremely challenging time for our industry and the economy. These strategies resulted [...]

A.M. Best Co. has affirmed the financial strength rating of A (Excellent) and issuer credit ratings (ICR) of “a” of American Safety Insurance Group (ASI). A.M. Best also has affirmed the ICR of “bbb” of ASI’s parent company, American Safety Insurance Holdings Ltd (both of Hamilton, Bermuda) The outlook for all ratings is stable.
The [...]

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 [...]

The Board of Directors of The Hanover Insurance Group, Inc. declared an annual dividend of 45 cents ($0.45) per share on the issued and outstanding common stock of the company, payable December 10, 2008, to shareholders of record at the close of business on November 26, 2008. This represents an increase of 5 cents from [...]

Duck Creek Technologies, Inc. a leading provider of software and service solutions for the insurance industry, today announced that United America Indemnity Group, Inc. (”United America”) has implemented Duck Creek’s Policy Administration solution for a number of its Commercial ISO lines products. The PA-based carrier went live within six months with a custom Vacant Property [...]

Zurich North America Commercial’s Accident & Health (A&H) group and Presidio Reinsurance Group announced today their formation of a strategic relationship to provide a broad range of risk-relief programs to the health care market.
As industry leaders with a long-term commitment to the accident and health industry, Zurich and Presidio will leverage their extensive portfolio of [...]

Boston-based Liberty Mutual Group today announced that it would continue its sponsorship of the Boston Pops Fourth of July Concert on the Esplanade through 2012, which coincides with the company’s 100th anniversary. The multi-year sponsorship agreement with Boston 4 Productions, the company that produces the event, totals approximately $7 million.
Headquartered in Boston since its inception [...]

ET Solar Group Corp. a Nanjing-based solar farm EPC provider and integrated manufacturer of photovoltaic (”PV”) products including ingots, wafers, modules, and state-of-the-art dual-axis tracking systems, announced immediate provision of product liability insurance coverage for its PV module customers worldwide.
Arranged by Aon, world’s top insurance brokerage firm headquartered in New York, the cover is provided [...]