Munich Re, the world’s largest reinsurer, suffered a commensurately large loss in the 3rd quarter of €1.2 billion ($1.05 billion) after tax. In addition to the estimated €2.1 billion ($1.85 billion) losses from the Sept. 11 attacks, a number of …
Odyssey Re American Reinsurance Corp. of Stamford Connecticut announced that Stephen Van de Graaf has joined the company as Sr. VP in its Non-Traditional unit to lead its Finite Reinsurance underwriting initiatives. Van de Graaf was formerly with Converium, Zurich …
Harleysville Insurance has been named one of the “Best Places to Work in Pennsylvania” for the second consecutive year in a survey conducted by the state government that counts employee responses as 75 percent of the overall weight for evaluation. …
California-based Insurance Technology Solutions Inc., an e-policy provider of web-based insurance technology, purchased through a sister company certain assets of Star Solutions Inc., a provider of client/server property and casualty software solutions for insurance carriers and managing general agents. Terms …
Hull & Company, one of the nation’s largest wholesale brokers and MGAs, announced it would be implementing several action steps, including the merger of its San Diego office into its Newport Beach locale. The focus is on improved service, accessibility, …
San Francisco-based Carpenter Moore Insurance Services Inc. formed a Cyber Liability / Errors and Omissions Group to be headquartered in San Francisco. The team will be led by Kevin Ishizu and Manny Cho and will focus on errors and omissions, …
Colorful assertions about what happened at the annual holiday office party may be good banter for the water cooler, but they may also provide fodder for a lawsuit that could bankrupt a company, according to James A. Young, a litigator …
At its recent meeting, the National Conference of Insurance Legislators (NCOIL) deferred formal action on proposed amendments to its Personal and Commercial Lines Regulatory Modernization Model Act. The Model Act, adopted at the Summer 2001 NCOIL meeting, was designed to …
The insurance industry has entered a period of sustained consolidation, both domestically and internationally, as a result of the Sept. 11 attacks, according to a year-end forecast by the Transaction Services group at PricewaterhouseCoopers. Bill Chrnelich, a Transaction Services partner, …
Aon Corporation’s risk services group and The First American Corporation, a diversified provider of business information and related products and services, announced a strategic partnership to market First American’s EAGLE 9(TM) UCC Insurance Program. Introduced by First American, a title …
