Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
People and Places
Oct 25 2004 // Connie Hatch The Austin Association of Insurance Professionals (AAIP) installed its officers for the 2004/2005 fiscal year, naming Connie Hatch of PLUS Inc. as president. Hatch has been an insurance professional for more...
A.M. Best: Cycle Management Key to Reinsurance Industry Financial Strength
Oct 22 2004 // The reinsurance industry is facing a key test from the 2005 renewal season in terms of how it reacts in practice to pricing pressure from cedents, according to A.M. Best Co.. While the material levels of catastrophe losses...
Suquet Elected President, CEO of Pan-American Life
Oct 22 2004 // The Board of Directors of New Orleans-based Pan-American Life Insurance Company announced the election of José S. Suquet as president, chief executive officer and member of the Board of Directors. John J. Kelly, chairman...
AIG Unveils Q3 Numbers, Notes Storm Impact
Oct 21 2004 // American International Group Inc. (AIG) on Thursday reported third quarter 2004 net income of $2.51 billion or $0.95 per share, compared to $2.34 billion or $0.89 per share in the third quarter of 2003. Third quarter 2004...
State Farm Partners with HFSC’s Steering Committee to Increase Home Safety
Oct 21 2004 // The nonprofit Home Fire Sprinkler Coalition (HFSC) announced that State Farm Insurance is the first representative of the insurance industry to join HFSC’s Steering Committee. “From the Coalition’s...
U.S.I. Holdings Corp. Targeted in Class Action Suit
Oct 21 2004 // U.S.I. Holdings Corporation reported on Thursday that the company has been named in a class action suit filed in New York on behalf a client of a Marsh & McLennan subsidiary against the 10 largest U.S. insurance...
Fla. Agency Wins Chubb Charity National Golf Challenge
Oct 20 2004 // J. Rolfe Davis Insurance of Maitland, Fla. was the top finisher in the Fifth Annual Chubb Charity Challenge, which raised more than $800,000 for charities in the United States and Canada. Golf teams representing insurance...
Federal Judge Dismisses Holocaust Insurance Cases
Oct 15 2004 // A federal judge on Thursday tossed out 20 lawsuits accusing an insurance company of not paying benefits to victims of the Holocaust. U.S. District Judge Michael Mukasey claimed the lawsuits are pre-empted by the U.S....
W. Va. Workers’ Comp Investigator Receives Award
Oct 15 2004 // A West Virginia Workers’ Compensation Commission fraud and abuse investigator was to be honored on Friday for her work by the U.S. Department of Justice. Lisa Prater, manager of the Fraud & Abuse Investigations...
Ga. Farmers Eligible for Agriculture Disaster Assistance Backed by the U.S. Senate
Oct 13 2004 // Georgia Gov. Sonny Perdue announced this week that Georgia farmers will be eligible to receive financial assistance due to their losses from Hurricanes Frances, Ivan, and Jeanne. The U.S. Senate on Monday passed $2.9...
Montpelier Re, OPIC Offer Terrorism Cover Abroad
Oct 12 2004 // Bermuda-based Montpelier Re Holdings Ltd. (NYSE – MRH) announced that its wholly owned operating subsidiaries, Montpelier Reinsurance Ltd. and Montpelier Agency Ltd., have entered into agreements with the Overseas...
ASCnet Honors Litwin with Leadership Award
Oct 12 2004 // Applied Systems Client Network (ASCnet), the user group of Applied Systems management technology, announced independent agent Jo Ann Litwin, president of Litwin, Castle & Christ in Orchard Park, N.Y., as the third...
Visitors to U.S. – Health Coverage
Oct 11 2004 // Nuts & Bolts: Florida-based XN Financial Services announced it will offer health insurance products and services to foreign nationals traveling in the U.S. through RCM&D, an Assurex Partner located in Baltimore,...
Powering the World
Oct 11 2004 // It’s too bad we can’t harness the energy of Washington’s Mt. St. Helens. It’s been belching great plumes of steam and ash of late, propelling long buried energy some 10,000 feet into the air. So far...
People & Places
Oct 11 2004 // Nancy Baily Kevin Mangan InVEST, an education program that develops a diverse pool of insurance professionals and informed consumers by educating high school and community college students on insurance, financial services...
People & Places
Oct 11 2004 // Mike Barron Texas Mutual Insurance Company announced that Mike Barron is the company’s new senior vice president of financial services. Barron is a certified public accountant with over 30 years of experience in...
PIAA: Both Presidential Tickets Recognize Medical Crisis; Kerry-Edwards Fails to Embrace the Solution
Oct 8 2004 // Both candidates in the vice presidential debate on Tuesday evening, Oct. 5 acknowledged the ongoing medical liability crisis in the United States, according to the Physician Insurers Association of America (PIAA), an...
S&P Affirms Everest Reinsurance Holdings Ratings
Oct 7 2004 // Standard & Poor’s Ratings Services announced that it has assigned its “A-” debt rating on U.S.-based Everest Reinsurance Holdings Inc.’s $250 million senior unsecured note issuance. S&P...
Jurenek Joins Sales Team at Pan-American Life
Oct 7 2004 // New Orleans-based Pan-American Life Insurance Company announced that Suzanne Jurenek is the company’s new sales director for U.S. Life Sales. As director of U.S. Life Sales, Jurenek works with MGAs and producers to...
R&M Report Says U.S. Insurers Distribution Expenses May Double
Oct 6 2004 // Dublin-based Research and Markets announced the addition of a new report, “Distribution Technology Trends in US Insurance” to their offering. The study presents the findings on distribution technology trends...