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
Swiss Re Appoints Jacques Aigrain as CIO; Replaces Giuseppe Benelli
Swiss Re announced that Jacques Aigrain, who currently heads the company's Financial...
East News
Erie Indemnity Elects Directors and Officers
Erie Indemnity Company announced that the shareholders at their annual meeting had...
West News
Nev. Commissioner Denies Farmers Ins. Rate Increase
Nevada Insurance Commissioner Alice Molasky-Arman has denied the request of Farmers...
Southeast News
PIP Reform, Workers’ Comp Still on the Table in Fla. Session
The National Association of Independent Insurers (NAII) reports that as the 2003...
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...