September 19, 2001
No sooner had the weary delegates to the current World Trade Organization meeting in Geneva taken a rest from thrashing out the final details of China’s admission to the world’s governing trade body, than they began the equally thorny task …
September 19, 2001
The underwriting entities which make up Australia’s QBE Group became the first insurers to be downgraded by Standard & Poor’s following its assessment of the group’s exposure to the World Trade Center disaster. The international rating agency announced today that …
September 19, 2001
A study by the Workers Compensation Research Institute (WCRI) has singled out the State of Connecticut’s handling of benefits to injured workers as particularly efficient in comparison with other state programs. The findings revealed that Conn.’s. $927 average cost of …
September 19, 2001
Two of New England’s largest insurers, Boston’s Liberty Mutual, and The Hartford confirmed pervious announcements concerning their potential loss exposures from the terrorist attacks on the World Trade Center and the Pentagon. Liberty CEO Edmund F. Kelly extended “our deepest …
September 18, 2001
(left) Andrew Zagrzejewski, CPCU, San Gabriel Chapter President, Farmers Insurance. (right) Betsey Brewer, CPCU, Society Regional Governor, Aon Risk Services. (left to right) Keynote Speaker Dr. Benjamin Zycher, Earl Butler, CPCU, South Coast Chapter President, David Keleher, CPCU, All Industry …
September 18, 2001
Arizona Insurance Director Charles Cohen has suspended the license of Penn Treaty Network America Insurance Company which will prohibit the company from issuing any new insurance policies in the state. The action came as a result of a finding that …
September 18, 2001
The Heffernan Group, one of the largest full-service brokerages firms in California, and MBO Insurance Brokers Inc., an independent brokerage firm specializing in commercial insurance on a worldwide basis, announced the completion of their merger. The new entity brings together …
September 18, 2001
Following a late night debate, the California State Assembly voted to defeat a controversial financial privacy measure that would have given California the most complicated and confusing privacy law in the nation, the American Insurance Association (AIA) said. “I commend …
September 18, 2001
Members of the Kansas City, Mo.-based National Association of Insurance Commissioners (NAIC) unanimously agreed that its Fall National Meeting be canceled in the wake of the tragic events that occurred Sept. 11. The association’s meeting had been scheduled for Sept. …
September 18, 2001
The Executive Committees of co-sponsors The Council of Insurance Agents + Brokers and The Council of Insurance Company Executives announced yesterday the cancellation of the 88th Annual Insurance Leadership Forum, scheduled for Oct. 5 -10 at White Sulphur Springs, W. …