May 14, 2002
NCCI Holdings, Inc., delivered its “State of the Workers Compensation Insurance Line” presentation to an estimated 500 insurance executives at the NCCI Annual Issues Symposium (AIS) in Orlando, Fla., claiming the state of the workers’ comp market remains tough with …
May 14, 2002
Michigan-based Amerisure Mutual Insurance Company named Bettina M. Whyte of Jay Alix & Associates Inc., New York, to the company’s board of directors. She succeeds Dr. Martha R. Seger, who retired from the board May 9, 2002, after serving 11 …
May 14, 2002
Iowa Gov. Tom Vilsack has vetoed a bill that would have remedied a court ruling that requires insurers to pay again for a first injury when a worker suffers a second injury. “Senate File 2190 would have corrected a very …
May 14, 2002
XL Re Ltd, XL Re Latin America LTD, Le Mans Re and XL Reinsurance America, Inc., the reinsurance operations of Bermuda’s XL Capital LTD, announced the launch of their new joint website: http://www.xlre.com . “The new website contains useful information …
May 14, 2002
Bermuda-based Arch Capital Group issued a statement concerning its Q1 earnings report reflecting the changes in capitalization and strategy that it has undertaken during the past year. Arch indicated that comparisons of 2002 and 2001 results of operations are not …
May 14, 2002
Zurich Financial Services announced that James Schiro it has been appointed as its new CEO effective May 17. Schiro, a former head of PricewaterhouseCoopers and currently one of Zurich ‘s two Chief Operating Officers, will take over from Rolf Hueppi, …
May 14, 2002
Standard & Poor’s announced that it has removed the Lloyd’s insurance market from CreditWatch, where it was placed on Sept. 20, 2001, and has affirmed its single-‘A’ insurer financial strength rating. “The rating actions reflect the continuing commitment of capital …
May 14, 2002
France’s AXA Group reported that consolidated revenues for the first quarter rose 1.9% to € 21.1 billion ($19.2 Billion) compared with the prior year period, largely driven by a hefty 24.3 percent rise in international insurance sales which surged by …
May 14, 2002
Information Technology employees appreciate working for Pennsylvania’s Harleysville Insurance, one of the country’s top ranked small commercial lines underwriters. It’s been named by IDG’s Computerworld as one of the 100 “Best Places to Work in IT” in the United States. …
May 14, 2002
Even as it winds down its 25 year life as one of New Jersey’s leading medical malpractice insurers (See IJ Website May 10 and 7), the Lawrenceville based MIIX Group is receiving new support for the resurrected, physician-owned, company it …