Insurance News from November 25, 2002
National News
Littlefield Says Key Focus for U.S. Marine Insurers is to Improve Combined Ratio, Secure Ports
While the marine insurance industry has performed slightly better than the overall...
International & Reinsurance News
BNP Buys French Gov’t. Share of Credit Lyonnais for $2.2 Billion
France's second largest bank, BNP Paribas, emerged as the winner of a surprise auction...
East News
NAII Decries W.Va. Court Ruling on Banks Selling Insurance
The U.S. Court of Appeals for the Fourth Circuit has given deference to the Office of...
West News
CDI Revokes Licenses of Father & Son Brokers After Guilty Pleas
The California Department of Insurance (CDI) announced the revocation of two Sacramento...
Southeast News
Study Calls Medical Liability Crisis in Fla. ‘Bleak’
A study conducted on behalf of the Florida Hospital Association (FHA) shows that...
Texas / South Central News
Unitrin Downgraded by A.M. Best
A.M. Best Co. downgraded the financial strength ratings of Dallas-based Unitrin...
Midwest News
Picton Cavanaugh and Celaris Group to Change Name to Sky Insurance
Ohio's Sky Financial Group, Inc. announced that two of its insurance affiliates, Picton...