Germany’s Hannover Re’s first quarter earnings report expressed considerable satisfaction with its start to the new financial year. “With our quarterly result we have taken a first major step towards achieving our defined profit target for 2006,” CEO Wilhelm Zeller …
Singer Bob Dylan’s song, “The Times, They Are a Changin’,” was cited as a cautionary reminder by Steve Klingel, NCCI Holdings Inc.’s president and CEO, as he gave a positive report on 2005 results for the workers compensation industry during …
Maryland is moving to address the higher costs of insurance for urban drivers, with passage of recent legislation requiring insurers to regularly review their rating territories and streamlining the process for protesting rates. But some other recommendations of a recent …
A.M. Best recently announced that it has upgraded United Wisconsin Insurance Company (dba) United Heartland’s rating to a secure A (excellent) rating. This upgrade comes as part of a pooled rating with Accident Fund Group. United Heartland became part of …
New Mexico State Insurance Superintendent Eric Serna intervened in an automobile accident insurance claim involving his daughter, according to documents obtained by obtained by a local newspaper, but Serna denies any wrongdoing. “I never exerted any influence and I didn’t …
The right to have trial by jury in Louisiana will become more difficult if the Louisiana Legislature agrees with a trial bar initiative and passes SB 117, according to the Property Casualty Insurers Association of America (PCI). “If you think …
Michael Stuart has been named vice president of strategic initiatives and implementation, Mark Pergolini has been haired as vice president of medical services, and John Cash has been hired as vice president of marketing for Cypress Care Inc. in Atlanta, …
Mark E. Howerton has been promoted to vice president of DVUA West Virginia Inc. and DVUA of Ohio Inc., according to George F. “Rusty” Ellis, senior vice president. Howerton manages the Property/Casualty Department in the West Virginia office and supervises …
B. H. Burke & Co., Inc., of Westbrook, Connecticut, announced that Everett W. Shaw has been made a partner and named vice president of the company. The announcement was made by Brian H. Burke, president and founder. B. H. Burke …
The New Hampshire Supreme Court recently ruled that a loss of “familial relationship” caused by the death of a child does not constitute a separate and additional bodily injury claim to trigger an insurance policy’s per person bodily injury liability …
