Standard & Poor’s Ratings Services said that 2008 could see an overall improvement in insurance-industry enterprise risk management (ERM) scores. The firm says a 2006 review of the ERM practices of rated companies showed several dozen companies developing systems to …
On the verge of an open competitive environment in West Virginia’s workers’ compensation insurance market, the state’s insurance commission scheduled a forum for insurers seeking information. Insurance Commissioner, Jane L. Kline, in conjunction with the National Council on Compensation Insurance …
The subprime mortgage crisis is prompting some people to take another look at New Hampshire’s consumer protection law. Six years ago, the Legislature changed the law to exempt the banking, insurance, public utilities and securities industries from the law’s protection …
Johnson & Strachan Inc., a commercial and personal insurance agency, reports that Charlie Venus has joined the firm as vice president of Operations. The firm also announced that Richard Dygve has been promoted to senior vice president. Venus, who retired …
A Wyoming County, W. Va. man pleaded Monday guilty to one misdemeanor count of wrongfully seeking workers compensation benefits in an amount less than $1000, according to West Virginia Insurance Commissioner, Jane L. Cline. Charles R. Blessard, 37, of Oceana, …
The Doha round of global trade talks are close to reaching an accord in principle on industrial tariffs and farm subsidies and quotas, Brazil’s chief trade negotiator said Monday. “We’re closer to an agreement than ever before,” Robert Azevedo told …
Abu Dhabi government-owned IPIC and Qatar Investment Authority (QIA) will establish a $2 billion fund for global acquisitions, the managing director of IPIC said on Tuesday. “We plan to invest in all sectors, including oil and petrochemicals,” Khadem al-Qubaisi told …
Bermuda’s Allied World Assurance Company Holdings has announced the appointment of Todd Germano as Senior Vice President, Specialty Insurance of Allied World U.S. He will be responsible for developing new products with a focus on specialty programs and will be …
The Association of British Insurers (ABI) has joined with the Confederation of British Industry (CBI), the UK’s leading employers’ organization, and Citizens Advice to call for the Government to introduce its proposals for reforming personal injury compensation without delay. While …
A California Court of Appeals has allowed policyholders in the Farmers Insurance Exchanges to question alleged excessiveness of management fees charged to them by Farmers Group Inc., a wholly owned subsidiary of Zurich Financial Services. In Benjamin J. Fogel, et …
