Insurance News from April 30, 2003
National News
AAI Warns Mass. Budget Proposal Would Cost Insurers
"The 2004 Fiscal Year budget proposal newly released by the Massachusetts House Ways...
International & Reinsurance News
Diekmann Takes over at Allianz; Schulte-Noelle to Head Supervisory Board
Allianz AG's Annual General Meeting (AGM) formalized a number of management changes....
East News
A.M. Best Affirms A+ (Superior) Ratings of Selective Insurance
A.M. Best Co. has affirmed the financial strength rating of A+ (Superior) of...
West News
PIFC Opposes AB 1191, Says Would Add Cost to Policies
Duplication of existing law and additional exorbitant costs to homeowners in California...
Southeast News
Florida’s Poe Financial Records Milestone
Calling it a milestone, Poe Financial Group of Tampa, Fla., reported as of April 28,...
Texas / South Central News
Wallace Cleared of Charges in TX ‘Shadow Company’ Case
A district judge in Austin recently cleared Larry Wallace of the Wallace Insurance...
Midwest News
St. Paul Reports Profit Up 36.1% From Year Earlier
The St. Paul Cos. announced first-quarter 2003 net income of $181 million, or 75 cents...