California-based Risk Management Solutions, Inc. (RMS), announced that the windstorm, designated Jeanett, which has hit the U.K., France, and the rest of northern Europe over the last several days may cause up to 1 billion Euros ($983 million) in damages. …
National Association of Independent Insurers (NAII) chairman Tony Nicely wrapped up the 57th Annual Meeting in Los Angeles with an address urging the industry to continue their support of state regulation. “Since its inception, NAII has been committed to supporting …
A.M. Best Co. stated the financial strength rating of A++ (Superior) of the Chubb Group of Insurance Companies, (NYSE: CB) (Warren, NJ), the “aa” senior debt ratings of The Chubb Corporation, Chubb Capital Corporation and Chubb Executive Risk Inc., the …
Thomas Brown, chairman of the board and CEO of the California Casualty Management Company, was elected second vice chair at the National Association of Independent Insurers’ (NAII) Annual Meeting this week. Brown joined California Casualty Management Company in 1961. He …
The Independent Insurance Agents & Brokers of America (IIABA) and the state of West Virginia argued before a federal appeals court against a U.S. Office of the Comptroller of the Currency (OCC) opinion letter stating that the Gramm-Leach-Bliley Act (GLBA) …
The PMA Insurance Group, a Blue Bell, Pa.-based property/casualty insurer specializing in workers’ compensation, announced an alliance with PMSI®, a unit of AmeriSource Bergen, to provide online pharmacy benefits management services specifically designed for workers’ comp lines. The pharmacy benefits …
The latest editions of two workers’ compensation publications are now available from the Alliance of American Insurers. The first, Workers Compensation Insurance: Profiles of the State’s System, provides state-by-state information, including market shares by the leading writers, residual market structure, …
A new online lead system for helping personal lines property/casual agents increase production through qualified sales leads is now available at www.homeownersleadsdirect.com. Introduced by California-based iLeads.com, the real time marketplace takes consumer responses from hundreds of company Web sites and …
Republic Indemnity Co. of America (RICA) announced the implementation of a paperless workers’ compensation claims and bill review system. Republic’s system was developed over the last year in partnership with StrataCare, who provides StrataWare eReview. Dave Mitchell, senior vice president …
Bermuda-based Trenwick Group Ltd. announced that it would cease underwriting its U.S. specialty program insurance business effective immediately. Operating under the name Canterbury Financial Group Inc. and through its subsidiaries The Insurance Corporation of New York, Chartwell Insurance Company and …
