Insurance News from March 29, 2002
National News
W.R. Berkley Corp. Grows Capital of Berkley Insurance Co.
W. R. Berkley Corporation announced that during the first quarter of 2002 it...
International & Reinsurance News
Lloyd’s Completes $5 Billion Trust Fund Transfer
Lloyd's of London announced that it has completed the transfer of over $5 billion to...
East News
A.M. Best Lowers Rating for AFL Insurance
A.M. Best Co. announced that it has lowered the financial strength rating to B+ (Very...
West News
Idaho Gov. Signs Bill Restricting Insurers’ Actions Based ‘Primarily’ on Credit History
Gov. Dirk Kempthorne signed Senate Bill 1408, restricting insurers' use of credit-based...
Midwest News
Minn. Gov. Signs Bill Banning Managed Care Services in No Fault Auto Claims
Minnesotans may need to brace themselves for a sharp rise in auto insurance premiums as...