Indianapolis-based Baldwin & Lyons Inc., through its subsidiary, Protective Insurance Company, assumes reinsurance from other insurance and reinsurance companies. As a result of the terrorist attacks on the World Trade Center, preliminary estimates indicate a pre-tax loss to Protective of …
As part of its ongoing effort to help customers recover from last week’s tragic events, The Hartford Financial Services Group is temporarily extending premium insurance payment periods to customers unable to pay because of the catastrophe. This applies to customers …
Fitch completed the initial phase of its ratings review of insurance and reinsurance companies exposed to losses from the terrorist attacks of Sept. 11 in the United States. Findings have been issued on 16 insurance organizations placing ratings on Rating …
The National Association of Insurance Commissioners (NAIC) will hold a summit on Oct. 22-24 to discuss in greater depth the insurance issues related to the recent terrorist attacks. The summit will be held at the Omni Shoreham Hotel in Washington, …
Five months after a major hailstorm pelted north St. Louis County, Florissant city inspectors are still checking repair contractors’ work and the Missouri Department of Insurance is continuing to follow through on complaints from the public. According to a report …
American Modern Insurance Group, a wholly owned subsidiary of The Midland Company and a provider of manufactured housing specialty insurance products and services, has ceased offering commercial liability products for parks and dealers. John W. Hayden, president, chairman and CEO, …
Bryan Riley, the owner of a Wichita insurance agency, announced he is a candidate for the Republican nomination for Kansas Insurance Commissioner in 2002. He was the GOP nominee for the office in 1998 but lost to Democrat Kathleen Sebelius, …
The Kemper Insurance Companies said that Fitch has insufficient information to justify its downgrade of Kemper’s financial ratings. David Mathis, Kemper chairman and chief executive officer noted that, unlike Moody’s, Standard and Poor’s and A.M. Best, Kemper does not have …
American International Group announced its intention to offer coverage to airlines for war and hijacking (terrorist) risks through its member companies with total limits up to $1 billion. The decision comes in response to the severe economic disruption in the …
The U.K.’s Hiscox Plc, which writes business through the Lloyd’s market and independently, released its estimate that the Sept. 11 attacks in the U.S. would cost it around £20 million ($29.25 million). Hiscox accounts for around 5 percent of the …
