August 13, 2001
Hilb, Rogal and Hamilton Co. announced it has completed the acquisitions of substantially all of the assets of Aris Insurance Services of Calabasas, Calif., and Brooks & Willmes Insurance Brokers Inc. of San Jose, Calif. Terms of the transactions were …
August 13, 2001
InsuranceNoodle, a distributor of small business insurance through independent insurance agencies, has been selected by the Chubb Group of Insurance Companies to distribute Innovator from Chubb(sm), an insurance product with coverages developed specifically for emerging information technology companies. The Innovator …
August 13, 2001
The Risk and Insurance Management Society Inc. (RIMS) announced its opposition to the proposed Reinsurance Tax Equity Act of 2001 (HR 1755). The decision to oppose the legislation was based on concerns that it could adversely affect the reinsurance marketplace …
August 13, 2001
The American Insurance Association (AIA) has joined the National Coalition on Ergonomics in submitting comments to the Occupational Safety and Health Administration (OSHA), urging the federal agency to base examination of ergonomic injuries in the workplace on sound scientific evidence. …
August 13, 2001
Ohio Department of Insurance Director Lee Covington signed an order revoking the insurance license of Albert J. Henry of Milford (Clermont County), effective immediately. According to the Consent Order, Henry will immediately cease from engaging in the insurance industry and …
August 13, 2001
Hamilton, Bermuda-based ACE Limited announced that John A. Krol was appointed to its Board of Directors, effective immediately. Krol is the former chairman and CEO of E.I. du Pont de Nemours & Company. Krol has worked at du Pont in …
August 13, 2001
The New York Insurance Department is taking a major step to help reduce insurance fraud by adopting a regulation requiring speedier processing of injury claims after an auto accident, according to the NAII. According to Joseph Termini, NAII counsel, the …
August 10, 2001
Howard Stone, president of Gray-Stone & Company announced recently that with the resignation of Denis deBaroncelli, on June 30, 2001, the Thousand Oaks office of Gray-Stone will be making some major management announcements. Stone stated that several promotions will soon …
August 10, 2001
With workers’ compensation claim costs rising rapidly in California, policymakers look for opportunities to reduce costs without reducing benefits to injured workers. Nearly one in every eight dollars paid for workers’ comp claims is paid for benefit delivery expenses, the …
August 10, 2001
Aon Corporation launched a Political Risk Exposure Profile (PREP) service that provides customized financial analysis of political threats to a company’s global operations. According to John Minor, senior vice president of Aon Trade Credit, the company’s survey of the Fortune …