March 10, 2004
The Professional Insurance Agents of New York State Inc. has issued a bulletin giving further details for its 19th annual Long Island Regional Awareness Program (RAP) to be held Thursday, April 22, 2004, at Leonard’s of Great Neck, starting at …
March 10, 2004
Representatives of the medical profession and insurance industry will participate in a panel discussion on March 11 between 8:00 a.m. – 9:30 a.m., moderated by Pennsylvania Insurance Commissioner Diane Koken, on “The Medical Malpractice Insurance Crisis.” The panel is part …
March 10, 2004
Federal Insurance, a subsidiary of Chubb Corp., has been ordered to assume the legal costs of Tyco International Ltd., Chairman L. Dennis Kozlowski, who’s currently on trial, along with ex-CFO Mark Swartz, in Manhattan on charges they looted the company …
March 10, 2004
New York’s Superintendent of Insurance Gregory V. Serio and Attorney General Eliot Spitzer aren’t resting on last year’s achievements in fighting fraud (See IJ Website Mar.9). Yesterday they announced the filing of a 100-count indictment charging 11 people and seven …
March 10, 2004
The American Insurance Association joined the PCI (See IJ Website Mar.9) in announcing its opposition to a Massachusetts bill (SB 2093) that would ban the use of credit-based insurance scores. The AIA said passage of the measure “would do more …
March 10, 2004
Lloyd’s announced that two U.S.-based brokers have been honored for their outstanding achievements in 2003. Gary Cooney of McGriff, Seibels & Williams was named US Surplus Lines Broker of the Year and John Gilbert of Holborn Corporation, Reinsurance Broker of …
March 10, 2004
A.M. Best Co. issued a brief announcement noting Corporacion Mapfre’s recently announced plan to proceed with a rights issue to raise 500.5 million euros ($618 million). “Corporacion Mapfre is a subsidiary of Mapfre Mutualidad de Seguros y Reaseguros—currently rated A+ …
March 10, 2004
Lloyd’s announced that Philip Lader, former U.S. Ambassador to the United Kingdom, is to join the Council at Lloyd’s, the ultimate governing body of the market. Lader served as U.S. Ambassador to the U.K. from 1997 to 2001 and has …
March 10, 2004
Commercial insurance buyers experienced a turbulent past year as the hard market reached its peak and then began its current softening trend, according to the annual market survey from the Risk and Insurance Management Society (RIMS), which was released this …
March 10, 2004
Aon announced the creation of a State and Local Government (SALG) consulting practice. The SALG practice will offer employee benefits and human capital consulting solutions and services to a wide variety of public sector entities, including statewide retirement systems, universities, …