Monthly Archives: <span>April 2003</span>

Lexington’s Kelley to Keynote at Target Markets Summit

The Target Markets Program Administrators Association announced that Kevin Kelley, chairman, CEO and president of AIG’s Lexington’s Insurance Company, will be giving a keynote address at the Association’s Third Annual Program Administrators Summit this year in Tempe, Ariz., Oct. 20-23. …

SIS, Rackley Systems Note Certified Integration

Rackley Systems, Inc., supplier of software solutions to the insurance industry, announced the release of a new certified integration with SIS (Strategic Insurance Software, Inc.), a provider of automation services and products to agents and companies. SIS’ certification of the …

LWG Consulting announces Computer Forensic Services (CFS) for Forensic Accountants

LWG Consulting announces the introduction of Computer Forensic Services (CFS) that assist Forensic Accountants in their investigations and evaluations. Since 1999, the firm has provided electronic evidence discovery and computer forensic services to attorneys, insurance companies and special investigators. LWG …

PROFESSIONAL INDEMNITY AGENCY ENTERS LAWYERS PROFESSIONAL LIABILITY MARKET

PROFESSIONAL INDEMNITY AGENCY ENTERS LAWYERS PROFESSIONAL LIABILITY MARKET Dirk Kruidenier and Maria Mandolini Named Vice Presidents of New Division MOUNT KISCO, New York (April 29, 2002) – Professional Indemnity Agency, Inc. is pleased to announce that it has entered the …

Arch Insurance Group Now Offering New Environmental Coverage

Arch Insurance Group, a division of Arch Capital Group Ltd., is now offering environmental liability insurance and risk management services specially designed for the environmental risks of consultants, contractors and property owners and managers. The Arch Environmental Insurance Program offers …

Conning Study Says Workers’ Comp Market Faces Major Shift as State Funds Swell

State-sponsored funds have quickly become a force in the workers’ compensation insurance market, altering the competitive landscape for the private insurers that once dominated this line of business, according to a new study by Conning Research & Consulting, Inc. The …

Munich Re CEO to Step Down at Year End

Munich Re announced that CEO Dr. Hans-Jürgen Schinzler, 62, who’s headed the world’s largest reinsurer’s Board of Management for almost 11 years, will resign his position, effective December 31. Schinzler is leaving “of his own accord” said the announcement, which …

PIANY meets with NYSID on Captive Bill

David Isenberg, the President of the Professional Insurance Agents of New York and President-elect T.J. Derella recently met with the New York State Insurance Department’s Senior Deputy Superintendent Peter Molinaro and other members of the Department’s “Captive Group” to discuss …

Liquidator Sees 10 to 20 Percent Payout to HIH Creditors

KPMG’s Tony McGrath, the liquidator in charge of marshalling the assets of Australia’s failed HIH Insurance Ltd., indicated that the company’s creditors may eventually get between 10 and 20 Australian cents (between 6.2 and 12.4 U.S. cents) on the dollar, …

PartnerRe Previews Q1 Results; to Redeem Preferred Shares

Bermuda-based PartnerRe Ltd. announced that it expects to report first quarter diluted net income per share between $2.20 and $2.24 and diluted operating earnings per share between $1.48 and $1.52. The estimates meet, or slightly exceed, analysts’ consensus forecast of …