America has witnessed an outpouring of emotion and a desire to help after the tragic events of Sept. 11. Following is a list of national facilities and some of the efforts made by insurance organizations to assist in the relief …
No words will ever be able to fully convey the shock and the stunned incredulity around the world as the Sept. 11th terrorist attacks unfolded on television screens across the globe. Live coverage on French television began shortly after the …
The disasters had an immediate and devastating effect on international trading. Reuters reported that the DJ Stoxx insurance index reportedly fell to a three-year low, following a 13 percent drop the previous day. In addition, shares of companies such as …
While the destroyed Twin Towers of the World Trade Center in New York City and surrounding buildings were occupied by a variety of businesses, the insurance industry took a major blow in the Sept. 11 disaster as a number of …
Terrorists crashed two hijacked planes into the World Trade Center this morning, causing countless deaths and untold damage as the twin 110-story towers collapsed. The crashes occurred minutes apart just before 9 a.m., and were followed soon after by a …
Three women with varied backgrounds have made their mark in the insurance world and continue climbing. They have ascended in their positions with hard work, determination and a desire to assist others. Louise Canter, Carole Fleischman and Deborah Ryan have …
The struggles continue for Frontier Insurance Company Inc., which reached an agreement in August with the New York State Insurance Department to enter into voluntary rehabilitation. Its wholly owned subsidiary, San Diego-based Frontier Pacific Insurance Company (Frontier Pacific), was conserved …
The events of Sept. 11 shook the foundations of the entire American financial community, and American International Group was no exception. Ironically, AIG had already had a very busy month. In Korea, it looked set to conclude its takeover of …
“The World Trade Center is a living symbol of man’s dedication to world peace, his belief in cooperation of men and, through cooperation, his ability to find greatness.” —Minoru Yamasaki (1912-1987), chief architect of New York’s twin towers It can …
Investigators with the California Department of Insurance (CDI) Criminal Investigations Branch, served a search warrant Sept. 18 at Murphy’s Insurance Agency in Gardena. Two licensed insurance agents, Dana and Patrick Murphy, father and son respectively, operate the agency. The investigation …
