Penn Treaty American Corporation announced that two of its insurance subsidiaries, Penn Treaty Network America (”PTNA”) and American Network Insurance Company (”ANIC”) entered rehabilitation under orders issued by the Pennsylvania Commonwealth Court, effective January 6, 2009.
Under the Orders, PTNA and ANIC are placed under the statutory control of the Pennsylvania Insurance Department. The Orders [...]

Olympus Managed Health Care Inc., a leading provider of health care claims administration and cost containment services, announced today that Steve Stoute, a veteran insurance industry executive, has been appointed to the company’s Board of Advisors. The Board establishes and manages the strategic direction of the company.
Stoute brings nearly 50 years of insurance industry experience [...]

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 [...]

Great American Life Insurance Company, a subsidiary of Great American Financial Resources, Inc., is pleased to introduce Safe ReturnSM, a new single premium fixed-indexed annu­ity product designed for those who desire wealth protection and growth potential. Safe Return is unique to the Great American Life product lineup in that it offers clients the security of [...]

Fire season is here, and with dry weather comes the threat of wildfires. That is why Farmers Insurance and FireSafe Montana will conduct a first-ever press conference in front of the State Capital on June 18, 2009 at 10:00 a.m. to announce Fire Prevention Week in Montana.
“The purpose of the Fire Prevention Week is to [...]

Farmers Insurance Group of Companies announced that it will build two new buildings totaling 275,000 square feet on the existing grounds of Farmers Insurance office facilities located in Caledonia. This development is thanks in part to an attractive incentives package offered by the Michigan Economic Development Corporation (MEDC). The expansion will create a significant number [...]

XL Insurance, XL Capital Ltd’s global insurance operations, announced a new agreement with National Indemnity Company (”National Indemnity”), an insurance company subsidiary of Berkshire Hathaway Inc. Under this agreement, and its related reinsurance agreement, National Indemnity will issue endorsements to “Side A” Directors & Officers policies.
“Given today’s business climate, we believe that this enhanced ‘Side [...]

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 [...]