The insurance agency affiliate of Louisiana-based Hibernia National Bank announced it has changed its name to Hibernia Insurance. Specializing in commercial and personal insurance, the agency was formerly called Hibernia Rosenthal following Hibernia’s 2000 acquisition of the Rosenthal Agency. Hibernia …
According to the Texas Alliance for Patient Access (TAPA), an organization that supports health care lawsuit reform, testimony before the Texas Senate’s State Affairs Committee by an expert on California’s Medical Injury Compensation Reform Act (MICRA) focused on whether Texas …
Standard & Poor’s Ratings Services announced it affirmed the “AA” long-term counterparty credit and financial strength ratings on the members of Alabama-based Alfa Insurance Group (Alfa), based on the group’s extremely strong capital, consistently strong operating performance and strong liquidity. …
Willis Group Holdings Ltd., announced two senior appointments strengthening its operations in the Pacific Northwest region of the United States. Chris Engstrom, formerly CEO of the Seattle office, has been promoted to Regional Executive Officer of the Pacific Northwest Region; …
Pennsylvania Governor Edward G. Rendell announced at a news conference in Harrisburg that the state’s present Insurance Commissioner, Diane Koken, would be his nominee to continue to head the department in his administration. She was first appointed to the post …
The National Association of Independent Insurers has issued a bulletin in favor of a Massachusetts bill giving the insurance commissioner authority to promulgate privacy regulations consistent with the federal Gramm-Leach-Bliley (GLB) law. The NAII indicated that the bill would simplify …
Aegon N.V., the Dutch financial services and insurance group, announced that Marc van Weede, 37, has been appointed head of the Group Business Development department effective 17 April 2003. He will report to Alexander Wynaendts, member of AEGON’s Executive Board …
A.M. Best Co. reaffirmed that the financial strength rating of A- (Excellent) of Sweden’s Skandia Insurance Company Ltd. “remains unchanged and the outlook remains positive” following the company’s announcement last Wednesday that chief executive Lars-Eric Petersson has left the company …
Bermuda’s Alpha Star Insurance Group (ASIG) announced that the Appellate Division, First Department, of the New York State Supreme Court has unanimously affirmed an earlier jury verdict dismissing all of the claims asserted against ASIG, its London subsidiary Stirling Cooke …
Standard & Poor’s Ratings Services announced that it has assigned a stable outlook to the financial strength of Thailand’s general insurance sector, based on “the industry’s satisfactory financial profile, as evident from its five-year average combined ratio of 89%, and …
