Indemnity Insurance RRG Archives

Nightclub Insurer Owner in Maryland Charged in $100M Policyholder Fraud

The owner of a Maryland-based insurer faces fraud charges for inflating the ratings of his company to win business, according to an indictment which seeks to recover more than $100 million in ...

Insurer Founder, Delaware Regulator Fight Over Company Seizure

Indemnity Insurance Corp., which insures nightclubs, is at the center of a legal tug of war between its founder and the Delaware insurance commissioner. The dispute between company founder Jeffrey B. ...

RRG Gets Downgrade; A.M. Best Pushes Indemnity Ins Corp RRG Rating to B

A.M. Best Co. said Tuesday that it downgraded the financial strength rating of Indemnity Insurance Corporation, RRG to B (Fair) from A- (Excellent). Best also downgraded the RRG's issuer credit ...