Negotiators in Geneva had hoped to announce that they had reached an accord on all issues, clearing the way for China to join the World Trade Organization, but they’ll have to wait a bit longer, as a dispute over American …
The Maryland Insurance Administration has granted a license to Baltimore’s American Skyline Insurance Co. to commence business in the State. Skyline, a property/casualty insurer specializing in home and automobile coverage for the residents of big cities, where rates are usually …
In a move to improve cooperation among law enforcement agencies, nine cities and towns in the Hartford area have formed the Metropolitan Traffic Services Unit to improve the enforcement of traffic laws. The police Departments from each community will work …
New York’s banks have agreed to waive their usual charges on wire-transfers for Holocaust survivors who receive monthly reparations payments following settlements with insurers and banks. N.Y. Assemblyman Dov Hikind (D-Brooklyn) pressed the initiative, which has been agreed to by …
Barbados-based Imagine Reinsurance Holdings Ltd., a subsidiary of the Imagine Group, announced that another subsidiary, Imagine Insurance Co. Ltd., has acquired Enterprise Reinsurance Holdings Corp. and its subsidiaries for an undisclosed price. Imagine Re, which was established last October, is …
Brown & Brown Inc. announced that it has signed a letter of intent with Raleigh, Schwarz & Powell Inc. and Golden State Holdings Inc. to acquire the two related agencies. Located respectively in Tacoma, Wash., and San Rafael, Calif., the …
According to the National Association of Independent Insurers (NAII), congressional action to block funding for additional border inspectors and facility improvements in anticipation of the opening up of the U.S.-Mexican border under the North American Free Trade Agreement (NAFTA) is …
A.M. Best Co. announced the introduction of a new analytical model that offers a common standard for worldwide insurance companies to assess and manage risk and capital demands. The A.M. Best Enterprise Risk Model, formed with Seabury Insurance Capital LLC, …
The Council of Insurance Agents + Brokers showed its support to The House Financial Services Committee Chairman Mike Oxley (R-OH) and Rep. Mike Rogers (R-MI) on the recent passage of the Financial Services Antifraud Network Act 2001 (HR 1408) by …
The impact on insurers of the Electronic Signatures in Global and National Commerce Act of 2000 (also known as “E-Sign”) was discussed by a representative of the American Insurance Association at a Capitol Hill hearing. Christopher Roe, vice president and …
