U.S. insurers are likely to pay out close to $1 billion to help people whose homes, businesses and personal possessions were damaged by Hurricane Isabel, according to the Insurance Information Institute (I.I.I.) The storm, which swept across North Carolina and …
Hilb, Rogal and Hamilton Company announced a new company name, Hilb Rogal & Hobbs Company. HRH is currently the seventh largest insurance and risk management agency group in the nation and the tenth largest in the world. The company is …
In the latest investigation of insurance fraud across the state, Louisiana Insurance Commissioner Robert Wooley announced that a bail bond agent operating in the Greater New Orleans area and beyond was ordered to cease and desist from all activity in …
Des Moines, Iowa-based insurer EMC Insurance Group Inc. announced that it will strengthen its bulk loss and settlement expense reserves by approximately $4.6 million in the third quarter of 2003. This increase in reserves will reduce third quarter earnings by …
United National Group Ltd., a holding company formed under the laws of the Cayman Islands, announced it has filed a registration statement on Form S-1 for an initial public offering of its class A common shares. It intends to apply …
Standard & Poor’s Ratings Services announced it revised the outlook on all entities of the Netherlands-based Eureko insurance group (Eureko) to negative from stable. At the same time, S&P affirmed its ratings on the group, including its “A+” long-term counterparty …
Bermuda-based XL Capital Ltd. announced it has appointed Paul D. Dowden to the position of senior vice president and chief risk officer, a new position within XL. Since 2002, Dowden has been senior vice president and group underwriting risk officer …
Kim M. Robak, Vice President for External Affairs and Corporation Secretary at the University of Nebraska, has been named to serve on the Board of Directors of Fiserv, Inc. Robak, 47, joined the University of Nebraska in 1999 after serving …
Zurich North American asks its commercial property insurance customers to contact them in one of the following ways to report a claim related to Hurricane Isabel: Phone: 1-800-987-3373 E-mail: USZ_CARECENTER@Zurichna.com Web: Go to Zurich North America’s web site www.zurichna.com and …
Arthur J. Gallagher & Co. announced that its Board of Directors has elected David S. Johnson to serve on the company’s Board. Mr. Johnson is President of Kraft Foods North America Business Functions as well as a member of Kraft …
