August 19, 2002
Pennsylvania Healthcare Providers Insurance Exchange has filed an application with the Commonwealth of Pennsylvania Insurance Department to begin offering medical malpractice insurance coverage to physicians and hospitals in the fall of 2002. The organization will provide physicians and hospitals in …
August 19, 2002
The Independent Insurance Agents Association of New York Inc. is urging more than 18,000 workers employed by the 1,900 agencies the Syracuse-based trade association represents to join a grass-roots efforts against legislation that would allow spousal liability coverage in New …
August 19, 2002
General Re-New England Asset Management Inc. (GR-NEAM), the Farmington, Conn.-based insurance investment and capital management firm, has hired Barton Holl, formerly the director of sales and marketing at Deutsche Insurance Advisory Services (previously known as Scudder Insurance Asset Management). As …
August 19, 2002
A direct hit on downtown Miami by the most powerful type of hurricane could cause $80 billion in damage, far exceeding that of Hurricane Andrew, the costliest natural disaster in U.S. history, an insurance industry group reports. Insured losses from …
August 19, 2002
First Financial Holdings, Inc. has acquired South Carolina-based Johnson Insurance Associates Inc., an independent agency. Established in 1983, Johnson Insurance specializes in commercial business accounts. The firm’s operations also include Benefits Administrators, Inc., which provides third party administration of self-funded …
August 19, 2002
Texas Governor Rick Perry and his Democratic challenger Tony Sanchez continue to use the state’s homeowners market crisis against each other as a new poll shows the race tightening. The Dallas Morning News reports that Gov. Perry has praised his …
August 19, 2002
Chicago-based Old Republic International Corporation appointed Jim Kellogg to the position of president and COO of Old Republic General Insurance Group, the company’s largest operating unit. Kellogg, who is currently president of Old Republic’s property and liability risk management operation, …
August 19, 2002
The board of directors of Ohio-based State Auto Financial Corporation voted to increase the quarterly cash dividend to $0.035 per share, payable Sept. 30, 2002, to shareholders of record at the close of business on Sept. 12, 2002. The previous …
August 19, 2002
The Assurant Group celebrated the opening of its new $20 million service center in Springfield with style on Saturday, holding an open house for employees and their families, featuring a visit from Ohio Governor Bob Taft. The Center, which began …
August 19, 2002
Aon’s recent revelations of “financial irregularities,” while not in a class with Enron or WorldCom, have drawn the inevitable wolf pack to the scent of blood. Late last week two prominent law firms, specializing in class action recoveries, announced that …