Insurance News from December 30, 2002

National News

Munich Re Estimates 2002 Insured Losses from Catastrophes at $11.5 Billion

In a yearly review released today Munich Re calculates the overall economic losses from...

International & Reinsurance News

Report Japanese Insurer Files Suit against Fortress Re and Accountants

Japan's Aioi Insurance Co. has filed a lawsuit in North Carolina against Fortress Re...

East News

PA Doctors Threaten January Shutdown over Med Mal Costs

Surgeons in Scranton have issued a warning that they could effectively go on strike as...

West News

Texas / South Central News

New Roles for Wesch and Cooper on Texas Mutual Board

Texas Mutual Insurance Company's board of directors unanimously elected Richard Cooper...

Midwest News

RLI Corp. Completes Stock Offering

Friedman, Billings, Ramsey Group, Inc. reports that its subsidiary, Friedman, Billings,...