German insurance giant Allianz AG confirmed the adverse affects of last September’s attacks on the World Trade Center with the announcement that preliminary figures indicated a net operating profit for 2001 of around € 1.7 billion ($1.48 billion), down sharply …
New York State Insurance Department Superintendent Gregory V. Serio announced that for the first time property/casualty agents in New York State can renew their licenses over the Internet. “The new on-line program for property/casualty agents builds on the on-line technology …
Donald Trump has filed a lawsuit against Conseco, charging that the insurer breached an agreement with Manhattan’s reigning real estate king to sell him its half interest in the General Motors building. Trump is seeking $500 million in damages and …
Chair Stacey Beougher of IIW Insurance Services of Dublin, Calif., presided over the recent election of officers for 2002 for the Surplus Line Association of California. Horst Lechler of Anderson & Murison of Los Angeles was elected chairman. Other elected …
California Insurance Commissioner Harry W. Low announced a strategic reorganization of the executive management team of the California Department of Insurance (CDI), assigning Harry LeVine to be a Special Counsel to the Commissioner. LeVine has served as CEO of the …
The California Department of Insurance (CDI) announced the latest edition of the Automobile Insurance Premium Comparison Survey on its web site at www.insurance.ca.gov. The new Automobile Insurance Premium Comparison Survey provides a baseline of premium information and is another tool …
OneBeacon Insurance Group, a wholly owned subsidiary of White Mountains Insurance Group, Ltd., announced its entrance into the Directors and Officers Liability and Professional Liability insurance markets under the name OneBeacon Professional Partners. OneBeacon Professional Partners will seek new business …
The Bush Administration’s transportation budget keeps a commendable focus on highway safety even with the need for more spending on homeland security and defense, the American Insurance Association said Feb. 5. “The reality is that Americans are more at risk …
Sen. Christopher J. Dodd (D-Conn.), an influential leader on insurance issues in the U.S. Senate, will be a keynote speaker at the 26th Annual Independent Insurance Agents of America (IIAA) National Legislative Conference this spring, speaking to nearly 800 independent …
The National Association of Independent Insurers (NAII) has been named to a National Association of Insurance Commissioners’ (NAIC) task force to develop an example that insurance companies can use when sending privacy notices to policyholders. NAII Insurance Services Counsel Kathleen …
