Travelers’ Property Casualty has finished its second phase in offering information on workers’ compensation directly to injured workers—via the Internet at www.mywcinfo.com. With its introduction last fall, the features included allowing injured workers to locate state workers’ comp benefit explanations, …
Minnesota-based Farmers Home Group is partnering with PromiseMark, ™ Inc. of Fairfax, Va., to offer the comprehensive Identity Theft Protection Plan through the FHG Network at www.farmershome.com. Farmers Home said the Plan is a total preventative and restorative solution that …
White Mountains Insurance Group, Ltd. ended the first quarter of 2002 with a fully converted tangible book value per share of $222, a $4 decrease from Dec. 31, 2001 including the $1 per share annual dividend paid in March 2002. …
Martin Frankel, who faced charges for his reported defrauding of more than $200 million from insurance companies in five states, pled guilty in a Connecticut courtroom May 15, according to reports in the Associated Press and Wall Street Journal. Frankel, …
Chicago-based Hub International Limited announced that Joseph P. Flanagan and Richard J. Palleschi have been named president and CEO at two of the company’s brokerage units: Flanagan at Chicago-based Mack and Parker Inc. and Palleschi at The McCarthy Companies, in …
Westfield Group of Westfield, Ohio, is offering its agencies a subsidized subscription to MarshBerry.com in order to help improve performance, measure agency value and develop an all-around growth plan. Westfield Group, which provides property and casualty insurance through independent insurance …
The title of the May 14th article concerning Standard & Poor’s removal of the Lloyd’s market from CreditWatch incorrectly had a dash/minus symbol attached to the ‘A’ rating. This was an error and has been corrected. As the text of …
White Mountains Insurance Group, Ltd., which operates mainly in the Northeastern U.S. from its headquarters in Bermuda, announced that it has filed a registration statement with the Securities and Exchange Commission to sell 1.2 million of its common shares to …
Bermuda’s ACE issued a brief statement indicating that the $2.7 billion settlement concluded by PPG and some 30 insurers (See IJ Website May 15) would have a minimal effect on the company. ACE said only that “it is a participant …
Americ an International Group, Inc.. issued a statement denying reports that it has substantial asbestos exposure in the UK, which could be triggered by a pending legal decision. “AIG has virtually no substantial long tail asbestos exposures in the United …
