California Insurance Commissioner Harry W. Low announced on March 31 the conservation of two California workers’ compensation companies, HIH America Compensation and Liability Insurance Company and Great States Insurance Company.
General Re Corporation, a subsidiary of Berkshire Hathaway Inc., announced that Patricia H. Roberts has been named president and CEO of General Star Management Company. Kevin P. Brooks, General Star’s former chairman, president and CEO, has left the company. Last …
Thanks to a decision made March 28 by the California State Supreme Court, insurers can continue adjusting rates based partially on the ZIP code of the driver. The decision to let the First District Court of Appeals ruling stand is …
General Re Corporation, a subsidiary of Berkshire Hathaway Inc., announced that Patricia H. Roberts has been named president and CEO of General Star Management Company. Kevin P. Brooks, General Star’s former chairman, president and CEO, has left the company. Last …
Employers Reinsurance Corp., a GE company, has acquired and reactivated CyberComp, an online system that quotes and binds workers’ compensation policies, through its subsidiary Westport Insurance Corporation. Prior to the acquisition, CyberComp was an operating unit of Reliance Insurance Company. …
The National Association of Independent Insurers and the Occupational Safety and Health Administration, working in collaboration with other insurance industry groups, will sponsor a free workshop for at which small business owners and managers will learn how to promote employee …
The American subsidiary of the Belgian-Dutch Financial Services Group Fortis announced plans to acquire New York-based provider of employee absence management services CORE for $4.92 a share. Fortis will also assume CORE’s $13 million corporate debt, bringing the total value …
Bermuda-based PartnerRe announced that “it will change the name of its Paris organization from SAFR PartnerRe to PartnerRe SA,” effective April 1. The French operation thus joins the rest of the Group operating under the overall designation “PartnerRe.” Patrick Thiele, …
“Allianz and Dresdner Bank confirm strategic talks concerning the creation of a leading integrated financial services provider for insurance, investment and banking services. The talks are in an advanced stage, but have not been completed yet,” said a brief announcement …
The Pennsylvania Insurance Department has signed an agreement to exchange a broad array of information with the Office of the Comptroller of the Currency. The OCC is the federal regulator of 2,600 national banks and 66 federal branches and agencies …
