December 5, 2011
Zurich’s North American Credit and Political Risk group has joined eight other insurers to underwrite a trade credit policy that will allow the International Finance Corporation (IFC) to expand its emerging market trade transactions by more than $500 million. The …
December 5, 2011
The Chubb Group of Insurance Companies has added protection for cyber breaches and other crimes to its ForeFront Portfolio 3.0 program for private companies. The new cyber security insurance will allow U.S. companies to choose from nine management and professional …
December 5, 2011
Massachusetts regulators are preparing to hold public hearings in Springfield and East Longmeadow as they investigate how utility companies responded to the October snowstorm that knocked out power to thousands for days. The Department of Public Utilities hearings are scheduled …
December 5, 2011
The rate of workplace injuries increased in 2010 in Virginia, but still remains below the national rate. The Virginian-Pilot of Norfolk said a state Department of Labor and Industry report released last Thursday shows that there were 3.3 nonfatal injuries …
December 5, 2011
AIPSO, a management organization and service provider for various insurance industry groups responsible for administering the residual market, announced that the central region is closing its East Wacker Drive office in Chicago, Ill., effective immediately. The central region comprises the …
December 5, 2011
Workers filing on-the-job injury claims at just a dozen state institutions clustered in southern Illinois collected nearly one-third of the total $127 million awarded in recent years for permanent impairment under Illinois’ troubled workers’ compensation system, the Associated Press has …
December 5, 2011
An Iowa man who had been awarded $10.6 million in malpractice case won’t see any of that money. The Des Moines Register reports that court precedent set while the case was awaiting its second trial prevents Dennis Cawthorn from citing …
December 5, 2011
Louisiana Insurance Commissioner Jim Donelon and Department of Revenue Deputy Assistant Secretary Gary Matherne are urging those who have had a property and casualty insurance policy on their property during the last four years to claim the rebate for the …
December 5, 2011
Torus announced that it has entered into an agreement with Starr Underwriting Agents Limited whereby Torus Syndicate 2243 acquires the renewal rights to CV Starr Syndicate 1919’s Continental European Marine, Casualty, Financial Lines and General Property business, effective January 1, …
December 5, 2011
Lyndell Haigood, regional vice president of State Auto Insurance Co., has been elected president of the Association of Fire and Casualty Companies in Texas (AFACT). Haigood was elected during AFACT’s annual meeting in Dallas Nov. 10. Haigood, whose term as …