August 31, 2001
The St. Paul, headquartered in St. Paul, Minn., signed an agreement with The Independent Community Bankers of America to offer professional liability coverage for insurance agents and brokers to ICBA members. The St. Paul Insurance Agent/Broker Professional Liability Program, available …
August 31, 2001
Ninety-five percent of business executives report that workplace safety has a positive impact on a company’s financial performance, according to the findings of “The Executive Survey of Workplace Safety” by the Liberty Mutual Group. Of these executives, 61 percent believe …
August 31, 2001
Ernst & Young Inc., the Interim Receiver of Queensway Financial Holdings Limited (Queensway), announced that the agreement between the Argonaut Group Inc. and Queensway for the purchase and sale of North Pointe Financial Services Inc., Hermitage Insurance Company, Consolidated Property …
August 31, 2001
Inclusion of health information in a proposed state regulation in Iowa on consumer privacy could cause confusion and frustration for consumers and force agents to comply with two different privacy standards plus add to insurance costs, according to the National …
August 31, 2001
Peoria, Ill.-based RLI Corp. was named to the “Ward’s 50,” a benchmark group of the industry’s top performing insurance companies. The analysis recognizes companies that have excelled at balancing safety, consistency and performance from 1996 through 2000, and then benchmarks …
August 31, 2001
Munich Re followed its announcement that its net profit for the 1st half of the year almost doubled to $1.18 billion with the announcement that it had structured an innovative event cancellation policy for the 2002 Soccer World Cup in …
August 31, 2001
XL Capital Ltd. announced that Moody’s Investors Services had given its coveted Aa2 rating to two XL subsidiaries, XL Insurance Ltd. and XL Re, in what it said was a first for Bermuda-based companies. XL’s U.S. subsidiaries were also rated …
August 31, 2001
Hannover Re has selected top executive Dr. Detlef Steiner, to become the new head of its largest subsidiary, Clarendon Insurance Group of New York. Steiner, who currently heads Hannover’s North American p/c reinsurance operations, will replace Ralph Milo, who plans …
August 31, 2001
In a novel claim settlement OneBeacon Insurance Co. agreed to donate $750,000 to the hospital that cared for famed author Stephen King after he was severely injured by a van while walking along a road near his vacation home in …
August 30, 2001
HNC Software Inc. announced the availability of web-enabled versions of its CompAdvisor™, AutoAdvisor™ and Capstone™ Decision Manager for Medical Bills bill review products. Hosted by an Application Service Provider (ASP) delivery system and accessible from a secure Internet site, customers …