The Independent Insurance Agents & Brokers of America announced that two Japanese brokers are the first international insurance professionals to join IIABA by taking advantage of its new “associate membership” category. “The associate membership category for foreign agents and brokers …
Bermuda-based Arch Capital Group Ltd. reported net income for the 2003 third quarter of $82.6 million, or $1.22 per share, compared to a net loss of $7.7 million, or $0.36 per share for the third quarter of 2002. It also …
Zurich Financial Services Group announced that it has signed an agreement for the sale of its wholly owned Non-life subsidiary in the Philippines, Zurich General Insurance Philippines, Inc., to Standard Insurance Company, Inc. of Manila. Zurich also said it “has …
Allen Beggs, president and co-founder of Valencia, Calif.-based QualCorp Inc. announced that they have just released the latest version of their policy issuance/administration software FORMSPLUS ENTERPRISE. Heading up the new development project was Sr. Programming Engineers, Sharon Clarke and Mark …
Warren, N.J.-based insurer The Chubb Group of Insurance Cos. has appointed Allison Meta manager of its Indianapolis branch office. Meta, an assistant vice president of Chubb & Son, joined Chubb in 1994 as a senior underwriter for Chubb Custom Market …
Chicago-based brokerage Hub International Ltd. reported a 31 percent increase in revenue and 26 percent growth of net earnings for the third quarter, due to both organic growth of 11 percent and the impact of acquisitions. Diluted earnings per share …
New Jersey Attorney General Peter Harvey announced that a Camden County husband and wife charged as part of a multiple-defendant insurance fraud scam have been ordered to repay an insurance company more than $25,000 for their reported role in a …
Insurance Services Office, Inc. (ISO) and AIR Worldwide Corporation (AIR) announced the release of ISO HomeValue(TM), a new web-based property replacement valuation system based on the latest component-based technology. Unlike typical insurance-to-value estimators on the market, ISO HomeValue reportedly has …
The American Association of Managing General Agents (AAMGA) will hold its mid-year meeting at the Phoenician Resort & Spa in Scottsdale, Ariz., on Nov. 13-15. At the heart of this year’s meeting will be several industry roundtable sessions. “A few …
Hilb Rogal & Hobbs Company, an insurance and risk management intermediary, has completed the previously announced acquisition of Alexander, Brooks & Stevens Limited (ABS), a London-based reinsurance broker. ABS provides reinsurance advice and service to a focused group of clients …
