The Chubb Group of Insurance Companies is rolling out a comprehensive loss prevention program that will help more than 100,000 customers protect themselves against employment-related lawsuits. The program offers policies and practices, training vehicles, analytical tools, and access to an …
Erie Indemnity Company announced that its share of catastrophe losses stemming from the tragic attacks of September 11th is expected to amount to between $5.5 and $6.7 million before federal income taxes. The after-tax effect per share on Erie Indemnity …
At a time when the economy is looking for significant capital investment, one of the major players, the insurance industry, may be put on the sidelines because of losses relating to the World Trade Center, according to Bradley J. Mortensen, …
The following statement can be attributed to Carl Parks, senior vice president of government affairs for the National Association of Independent Insurers (NAII): “House Financial Services Committee Chairman Michael Oxley is to be commended for conducting yesterday’s hearing to determine …
In light of rising estimates of losses from the World Trade Center tragedy, some sectors of the insurance industry could suffer significant damage to their financial stability, according to a new assessment by Weiss Ratings Inc. Workers’ compensation insurers are …
Triad Guaranty Inc. announced that its subsidiary, Triad Guaranty Insurance Corporation, has hired Tim Henley as vice president, national accounts. Henley will be based in Clarkston, Mich. In his new position, Henley will be responsible for sales and business development …
Ohio Department of Insurance Director Lee Covington cancelled a hearing for Harry D. Houser, Sr., of Beverly, Ohio. Houser signed a consent order agreeing to the revocation of his insurance license. The Department is wrapping up its investigation of Houser …
Five insurance industry executives have been elected to the board of the Insurance Federation of Minnesota. IFM members also selected a new slate of officers to lead the organization. Bruce H. Lonnes, president and CEO of Austin Mutual Insurance Group, …
The focus would be on industrial goods, agricultural products and service industries, notably banking and insurance. The full concurrence of the 142 trade ministers who will attend the next WTO plenary session in Qatar in November would be needed to …
The most recent loss estimates from the attacks on the United States show the scope of the tragedy, as insurers in London, Canada, and Bermuda made estimates of their potential damage exposures. Lloyd’s Cox Insurance Holdings Plc announced that it …
