April 29, 2004
San Diego-based Barney & Barney recently announced that Bill Brennan, Mark Nash and Travis Trask have been hired as principals of the brokerage firm. Brennan began his career with Barney & Barney in 1996. Since then, he has focused his …
April 29, 2004
The Independent Insurance Agents of North Carolina (IIANC) along with independent agencies and companies around the state have begun a campaign to send supplies to our troops in Iraq. To date more than 50 boxes have been shipped to service …
April 29, 2004
For the first time, homeowners rates that include a severe thunderstorm component based on sophisticated catastrophe modeling have been included as part of a rating plan subject to approval by state regulators. Florida Farm Bureau’s 2003 Homeowners rate filing included …
April 29, 2004
New Mexico is ready for step two in its effort to increase the number of insured vehicles on its roads: suspending the registration of nearly 300,000 uninsured vehicles. The suspensions, which will begin next week, are part of a continuing …
April 29, 2004
Marking the start of National Arson Awareness Week (May 2-8), Georgia Insurance and Safety Fire Commissioner John Oxendine is reminding Georgians that they can get personally involved in the fight against the crime of arson. “Juvenile Firesetting: The Preventable Arson,” …
April 29, 2004
Risk Management Solutions Inc. (RMS), a provider of products and services for catastrophe risk management, released the findings of an in-depth study that provides workers’ compensation, life, and health insurers with key benchmarks for the potential risk of human casualties …
April 29, 2004
The St. Paul Travelers Companies, Inc. reported that net income for the first quarter ended March 31, 2004 increased 73 percent to $587.2 million, or $1.34 per share diluted ($1.35 per share basic) compared to the prior year quarter. The …
April 29, 2004
The AIG Companies announced the introduction of BusPlus(SM), described as “a new umbrella liability insurance package that offers excess auto liability insurance coverage, sexual misconduct liability coverage and terrorism protection under one policy for schools, municipalities and private bus companies …
April 29, 2004
Independent reinsurance intermediary Benfield announced that the U.S. Treasury Department has selected its subsidiary, Paragon Strategic Solutions Inc., a provider of reinsurance administration and asset recovery services, as the Administrator and Statistical Agent for the Terrorism Risk Insurance Program (TRIP) …
April 29, 2004
Global insurance broker Willis Group Holdings Limited has reported record results for the quarter ended March 31, 2004. Net income was $148 million, or $0.87 per diluted share, compared with $117 million, or $0.69 per diluted share in the same …