September 11, 2002
The Midwest Chapter of PLUS, the Professional Liability Underwriting Society, has organized a seminar on Tuesday, September 17, featuring discussion by experts on current issues concerning Directors & Officer’s Liability Insurance. The Seminar, entitled “An Analysis of the Marketplace and …
September 11, 2002
Oregon-based SRC Software announced that National Farmers Union Insurance of Aurora, Colo., has selected SRC’s Advisor Series™ to streamline and improve the budgeting and financial reporting process for both National Farmers Union Property and Casualty Company and National Farmers Union …
September 11, 2002
The Safeco Mutual Funds Group, which manages $3.9 billion in assets, named a former Alliance Capital Management executive as its new president. Kevin Rowell, formerly head of global relationships for investment firm Alliance Capital in New York, will join the …
September 11, 2002
Standard & Poor’s announced that it has removed its triple-‘A’ long-term counterparty credit and insurer financial strength ratings on Munich Re and its core subsidiaries from CreditWatch. The rating agency place the Munich Re’s ratings on CreditWatch last July following …
September 11, 2002
Aegon, the Netherlands-based insurer and financial services giant, confirmed that it is “in discussions with its major shareholder Vereniging AEGON (the Association) about a financial restructuring which may result in a realignment of the Association’s interest in the company.” The …
September 11, 2002
Requiring workers’ compensation insurers to send an annual privacy notice to their employers is not necessary and will result in added administrative costs, insurers told regulators, during the National Association of Insurance Commissioners’ (NAIC) meeting Sept. 10 in New Orleans. …
September 11, 2002
Consolidated Edison Co. of New York and a group of its insurers sued the Port Authority of New York and New Jersey Sept. 10 in search of more than $314.5 million for damages to a substation that was demolished in …
September 11, 2002
Royal & SunAlliance USA has teamed up with Universal Reinsurance for its new Personal Insurance Agency Captive Program. For several years, Universal Reinsurance has worked closely with Artis®, Royal & SunAlliance’s Commercial Lines Alternative Risk Transfer business. The Royal & …
September 11, 2002
Strategic Insurance Software, Inc., S.I.S., and Connective Technologies, Inc. announced the creation of a working partnership to provide agents with a robust affordable upload solution. The integration between S.I.S.’s SEMCI PARTNER® agency management system and Connective’s TEAM-UP product provides the …
September 10, 2002
New Jersey Department of Banking and Insurance Commissioner Holly Bakke met with representatives from Professional Insurance Agents of New Jersey Inc. recently to discuss several issues that continue to make headlines across the state. The interview will be featured in …