ACE Bermuda Insurance Ltd., a subsidiary of ACE Limited, announced the promotion of Frank Lattal to Executive Vice President, General Counsel & Secretary, responsible for all legal affairs. Lattal will also take charge of managing the company’s consolidated Legal and …
Switzerland’s Converium Holding Ltd. announced that its U.S. subsidiary Converium Insurance (North America) Inc. (formerly ZC Insurance Company) has reached an agreement with Crop 1 Insurance of Des Moines, Iowa to manage its delivery of Federal Crop Insurance. Converium, which …
The New York State Insurance Department yesterday hosted its first annual Capital Markets Conference for members of the insurance industry. Several financial experts discussed current issues relating to the capital markets that affect insurers. The Conference, attended by over 100 …
The federal court judge in New York hearing the Enron surety bond case, brought by J.P. Morgan Chase & Co. against several insurance companies, has ruled that the law firm of Davis, Polk & Wardwell cannot represent Morgan in the …
Investigators from the Fresno Regional Office of the California Department of Insurance (CDI) Fraud Division, served a warrant for arrest on Ali Saeed Echtibi at his residence in Fresno for his alleged involvement in a staged automobile collision insurance fraud …
The Department of Labor and Industries (L&I) and the Washington Restaurant Association (WRA) have launched a joint program to reduce injuries to teen workers in fast-food restaurants throughout the state. It began in the Yakima area, with a Jan. 23 …
Infinity/Leader Insurance, a member of Great American Insurance Group, has recently been approved by the California Department of Insurance to teach a four-hour continuing education course called “Professional Field Underwriting”. This is one of four training classes offered through the …
The National Association of Insurance Commissioners (NAIC) has received the “Golden Circle Award” in Human Resources Management from the American Society of Association Executives. The NAIC won the top award in the category, which recognizes leadership in the stewardship of …
XL Winterthur International Launched XL Winterthur International (XLWI), the account risk management business of XL Capital Ltd. (XL) announced the establishment of a new Excess Casualty unit based in New York. The new unit will offer lead umbrella capacity up …
The National Association of Independent Insurers (NAII) is urging state insurance regulators to consider personal lines exclusions on a case-by-case basis for insurers that demonstrate the potential for solvency problems stemming from a lack of reinsurance. Absent the proposed federal …
