Employers Insurance Company of Nevada, A Mutual Company (the “Company”), a leading provider of workers’ compensation products and services, reported its statutory financial results for the fourth quarter and full year ended Dec. 31, 2002, including the statutory financial position …
A.M. Best Co. has affirmed the financial strength ratings of A (Excellent) on the pool members of the Novato, Calif.-based Fireman’s Fund Insurance Companies (FFIC). The ratings are being removed from under review and the outlook remains negative. FFIC is …
Captive domiciles have reportedly been touting 2002 as a banner year for new captive formations, with a record 462 new captive insurance companies being licensed, according to the special report, “Sizing Up the Captive Market: Growth in the Number of …
Insuring The Children will present its ninth annual forum, “The Future of This Industry,” Thursday, May 22, at The California Club, 538 S. Flower St., Los Angeles. Registration begins at 8 a.m., with the Forum running 8:30 – 11:30 a.m. …
A recently enacted New Jersey law prohibiting discrimination by insurers against individuals or applicants based on a history of domestic violence could reportedly inadvertently open the door for fraud and an unfair subsidization of high-risk consumers. “Although it purports to …
Strategic Research Institute will present the “Terrorism Risk Assessment and Insurance Coverage Forum” to be held June 12-13 at the Westin Grand in Washington, D.C. The conference will examine the scope and depth of terrorism risks, practical solutions being implemented …
Barbara Miller-Richards has been promoted to vice president of agency development by the Independent Insurance Agents & Brokers of America (IIABA). An 11-year veteran of the IIABA staff, Miller-Richards oversees the work of the National Young Agents Committee and InVEST. …
The property/casualty insurance industry reported a statutory rate of return of 1.0 percent in 2002, up from the worst-ever negative 2.4 percent recorded in 2001. The results were released by the Insurance Services Office, Inc. (ISO) and the National Association …
The local subsidiaries of global reinsurer Swiss Re announced a change of name of its local reinsurance units. The change reflects Swiss Re’s growing Africa-wide involvement and its strategic aim of becoming the leading reinsurer in Africa. With immediate effect, …
Wednesday, April 30, 2003 is shaping up to be a milestone for the California workers’ compensation system. On that day, the California Senate Insurance Committee is expected to hear 60 percent of the Assembly workers’ comp bills. Nearly 20 bills …
