June 30, 2006
The International Insurance Society announced that Orio Giarini, of Switzerland’s Geneva Association and Siegfried Sellitsch of Austria’s Wiener Staedtische have been named to the prestigious Insurance Hall of Fame. They will be honored in Chicago, July 17, 2006, at the …
June 30, 2006
Integro (Canada) Ltd. announced that Wayne Snow has been appointed Principal for the company’s Toronto office. In this capacity, he will lead and develop Integro’s Construction Practice in Canada. “Snow has 30 years of experience in risk management and commercial …
June 30, 2006
A.M. Best Co. has affirmed the financial strength rating (FSR) of “A-” (Excellent) and has assigned an issuer credit rating (ICR) of “a-” to New Zealand’s Farmers’ Mutual Insurance Association (FMIA) and its core subsidiary, Farmers’ Mutual Insurance Limited (FMIL). …
June 30, 2006
American International Group, Inc. announced that it has established AIG Global Marine and Energy, a new division of the AIG property and casualty insurance subsidiaries. “The unit will service the insurance, risk management and loss control needs of marine and …
June 30, 2006
New York Superintendent of Insurance Howard Mills and Attorney General Eliot Spitzer announced that the insurance department has approved 15 percent rate reductions for title insurance companies that cumulatively have 93 percent of the state’s market share. The new rates …
June 30, 2006
Integro (Canada) Ltd. announced that Wayne Snow has been appointed principal for the company’s Toronto office. He will lead and develop the company’s Construction Practice in Canada. Snow has 30 years of experience in risk management and commercial insurance, most …
June 30, 2006
CWI Holdings Inc., the parent organization of CompWest Insurance Co., announced the issuance of $20 million of trust preferred securities in a private placement by CWI Holdings 2006 Statutory Trust I, a Delaware statutory trust that is wholly-owned by the …
June 30, 2006
A Sutton, Mass. man pleaded guilty to worker’s compensation fraud and larceny over $250 in Worcester Superior Court, according to Attorney General Tom Reilly. Hal Tyree, 51, of Sutton pleaded guilty to one charge each of workers’ compensation fraud and …
June 30, 2006
Beginning June 30, drug manufacturers will be required by the Food and Drug Administration to provide more concise and better organized patient information package insert sheets. Any drug approved within the last five years will have new requirements implemented gradually …
June 30, 2006
The Delaware River and other waterways around the nation will be better protected from oil spills under legislation approved Tuesday by Congress, according to one of the measure’s co-sponsors. The Coast Guard and Maritime Transportation Act of 2006 establishes higher …