North Dakota Insurance Commissioner Jim Poolman has revoked the insurance license of Williston agent, Keith T. Hapip. The revocation was based on Hapip’s criminal convictions, as well as allegations of misconduct in his insurance practices. According to the North Dakota …
The Ohio Casualty Insurance Company of Fairfield, Ohio, the flagship company of Ohio Casualty Group, added Alan B. Smith as assistant vice president of Government Relations. Smith will establish a formal government relations program for the company.
Standard & Poor’s announced that it has removed from CreditWatch and affirmed its single-‘A’ minus counterparty credit and insurer financial strength ratings on U.K.-based CNA Insurance Co. (Europe) Ltd. (CIE) and CNA Insurance Co. Ltd. (CI), “following the approval by …
Confirming rumors that have been floating around the Italian financial community for the last few weeks, Generali, the country’s largest insurer announced at its annual shareholders’ meeting in Trieste on Saturday that it will be headed by only two joint …
Standard & Poor’s brushed aside Swiss Re’s Sw. Fr. 165 million ($101.3 million) net loss last year, and affirmed its triple-‘A’ counterparty credit and insurer financial strength ratings on the company and its core subsidiaries with a stable outlook. “The …
Following Friday’s announcement that Germany’s Allianz will lead a group offering airlines up to $2 bi llion in coverage per annum (See IJ Website April 26), Chancellor Schroeder’s government announced that it would commit an additional €10 billion ($9 billion) …
Pennsylvania-based Harleysville Group reported that diluted operating earnings per share increased 13 percent to $0.43 in the first quarter of 2002, compared with $0.38 in 2001, while diluted net income rose 33 percent to $0.44 per share in 2002, compared …
The arrest of insurance agents R. Hal Kemp of East Rochester and Luis Estrella of Brooklyn on charges of defrauding their respective clients prompted warnings to consumers from New York State Insurance Superintendent Gregory V. Serio to verify coverage on …
California-based ePolicy, Inc. announced that its Web-enabling insurance technology subsidiary, Insurance Technology Solutions, has changed its name to ePolicy Solutions, Inc. (www.epolicysolutions.com) and has launched RightRiskSM, based on Java next-generation architecture. “RightRisk significantly broadens the capabilities of our Web-enabling technology …
Seattle-based SAFECO has been cited as being one of the 100 Best Corporate Citizens—a designation that is good for the community and good for business according to a study by a top university. In this month’s Business Ethics magazine, SAFECO …
