American International Group, Inc. (AIG) announced that the American International Companies has introduced AIG PowerBuild(SM), which provides a comprehensive package of insurance products and services designed for the construction and operational phases of power generation facilities. “The demand for new …
A record turnout is expected for young agents attending the 26th Annual Independent Insurance Agents of America’s (IIAA) National Legislative Conference, April 10-12 at The Capital Hilton in downtown Washington, D.C. The 2002 conference marks the seventh annual Young Agents …
To address the insurance industry’s growing need to model the risk of terrorism, Guy Carpenter & Company, Inc., has published a research paper entitled “Advanced Techniques for Modeling Terrorism Risk.” The new study explores the use of game theory in …
The nation’s property and casualty insurers lost $738 million during the first nine months of 2001, compared to a $19 billion profit during the same period in 2000, according to research conducted by Weiss Ratings, Inc. The loss is the …
Marshall & Swift /Boeckh (MS/B), a provider of cost data, co-sourcing and estimating technologies for the property insurance industry, has redesigned its Web site, www.msbinfo.com. The New Berlin, Wis., company said the goal of the redesign is to improve the …
Pivot/Info-One a Columbus, Ohio-based provider of data collection, processing and fulfillment solutions for the insurance industry, announced the management team integration of their two companies: Pivot and Info-One. David Shapiro, the former founding president of Info-One, will lead the new …
The European Commission, under the leadership of Transport Commissioner Loyola de Palacio, seems poised to extend emergency terrorist coverage for the airlines of EU member states for another two months. The emergency measures, in place since last September, are due …
Despite its current difficulties – repeated profit warnings, a $387 million net loss last year, the need to replace its CEO, etc.- the rating agencies don’t appear to have lost overall confidence in the basic economic health of the Swiss-U.K. …
Newly formed Bermuda insurer AXIS Specialty Limited announced that that its US subsidiary, AXIS Specialty U.S. Holdings, Inc., has entered into agreements to purchase the Royal & SunAlliance Personal Insurance Company and the Connecticut Specialty Insurance Company. Upon the conclusion …
The Garden City Group, Inc. (GCG), a subsidiary of Crawford & Company, announced the promotion of Neil L. Zola to the newly-created position of executive vice president and chief operating officer. Zola previously held the title of senior vice president …
