Stephen W. Lilienthal, a highly regarded insurance industry executive, has joined CNA Insurance in a newly created role as president and CEO of CNA’s $6.2 billion primary property and casualty operation. Lilienthal will have responsibility for CNA’s worldwide field operations, …
The National Association of Mutual Insurance Companies (NAMIC) issued the following comment from Vice President-Federal Affairs, Pamela J. Allen, on the American Insurance Association’s (AIA) proposal for an optional federal charter for property/casualty insurance companies. “The release of the AIA …
Minnesota-based The St. Paul Companies made several executive changes, announced by chairman and CEO Douglas Leatherdale. Marita Zuraitis was appointed executive vice president, USIO, effective immediately. Zuraitis has been serving as senior vice president of U.S. Insurance Operations (USIO) in …
The Russian insurance market appears ready for steady growth in the next five to 10 years according to a report by Standard & Poor’s. The announcement comes after last month’s upgrade of S&P’s long-term local and foreign currency issuer credit …
American International Group, Inc. (AIG) has issued the following statement regarding the negotiations concerning China’s accession to the World Trade Organization (WTO): “No company has been a stronger advocate of China’s accession to the WTO or for that matter has …
New Jersey police have put the stop to an insurance fraud ring which allegedly set up accidents to cheat insurance companies out of more than $5 million. According to an AP report, the ring was one of the largest ever …
San Diego, Calif.-based Insurance Training Academy (ITA) officially opened its doors in January 2001, to provide industry-specific educational training as a service to busy insurance agencies and companies needing skilled insurance employees, as well as to job seekers wanting to …
The California Superior Court in Santa Ana entered judgment on March 12, 2001, in favor of Direct Contact Marketing (DCM), exonerating its CEO, Darren Clevenger, and its sales manager, Dion Gutierrez, of allegations in a civil lawsuit filed by National …
The nation’s fourth largest business insurer has seen its shares take their biggest drop in over a decade after the company noted storm losses and medical-malpractice claims would sharply impact earnings. Shares of St. Paul Companies have dropped $6.10 to …
A California Court of Appeal has ruled that a suit against CIGNA Corp. and its former subsidiary, Insurance Company of North America (INA) — charging both companies with illegal conduct and fraud — could proceed to trial. The complaint alleges …
