Insurance News from November 17, 2003
National News
Fitch Reports Insurance CDOs Allow Smaller U.S. Insurers to Access Capital Markets
Insurance collateralized debt obligations (CDOs) present a significant new opportunity...
The St. Paul Cos. and Travelers Property Casualty to Merge
S&P Announces: St. Paul Cos. Inc. Ratings Placed on CreditWatch Positive Pending Merger With Travelers
Loews Mourns Death of Co-founder Laurence A. Tisch
XL America Obtains Renewal Rights for Professional Liability Policies from Royal & SunAlliance USA’s DPIC Unit
International & Reinsurance News
Allianz Back in the Black; Posts $498 Million Net for Nine-months
Germany's Allianz Group bounced back from a series of losing quarters to record a 421...
East News
4 NYPD Officers, 12 Others Charged in Auto Fraud Case; OneBeacon Helped Investigators
The New York State Insurance Department announced that 16 people, includng four current...
West News
CWCI Releases SB 228/AB 227 Workers’ Comp Reform Training Materials
The California Workers' Compensation Institute (CWCI) has developed a training manual,...
Southeast News
Seibels Bruce Group Unveils Q3 Numbers; Focuses on Strategically Growing Business
The Seibels Bruce Group, Inc. announced financial results for the quarter that ended...
Texas / South Central News
Dallas’ Griffith Forms APEX Global Partners
Dallas-based insurance industry executive Gary Griffith announced the formation of APEX...
Midwest News
Henry Pippins Jr. to Head CNA’s Small Biz Unit
Chicago-based insurer CNA Financial Corp. named Henry Pippins Jr. as senior vice...