The Hartford Financial Services Group announced the appointment of Ann Glover as group senior vice president and director of corporate relations. Glover succeeds Edward Morgan Jr., who will retire Oct. 31. Glover, joined The Hartford in November 2000 as senior …
The NAII lauded Missouri Circuit Judge Thomas Brown’s decision to grant the request of the state’s workers’ compensation insurers for a temporary injunction blocking the state Insurance Department from implementing an emergency rule that could increase workers’ compensation costs in …
A.M. Best Co. announced that it has placed the financial strength rating of B++ (Very Good) of Nodak Mutual Group (Fargo, ND) under review with negative implications. “The rating action reflects the September 23, 2002, announcement by the North Dakota …
A report from Missouri State Auditor Claire McCaskill has found that a “vast majority of injuries” are reported late or not at all. The audit evaluated the management of the state’s workers’ compensation program, which mandates that employers/insurers report injuries …
France’s SCOR Group announced that it has called a special meeting of its The Board of Directors for November 5 to consider a capital increase of around 400 million euros ($393.4 million). The increase would enable SCOR “to embark, in …
Leading reinsurance broker Benfield Blanch, the U.S. division of the U.K.’s Benfield Group, announced its participation in The Target Markets Program organized by the Program Administrators Association. A three-day session is scheduled to be held at the National Program Administrators …
Lloyd’s Chairman Sax Riley told an audience of 600 insurance professionals in Milan, Italy that the way in which business organizations manage the risks they face is becoming an increasingly important factor in the price they pay for their insurance. …
Arturo Lopez, 39, of La Puente, Calif. was arrested on a felony warrant charging him with five counts of false or forged insurance documents. The California Department of Insurance (CDI) investigation revealed that Lopez reportedly operated as an unlicensed broker …
California Insurance Commissioner Harry Low appointed two men to positions with the Workers’ Compensation Insurance Rating Bureau (WCIRB) Governing Committee. Clifford Waldeck, of San Francisco, was appointed to fill a vacancy that expires in March 2003. Carl Dickerson, of Los …
International Risk Management Institute, Inc., has published “The IRMI Hard Market Survival Guide 2002” on its Web site, www.IRMI.com. The article provides 20 practical recommendations to help business executives, risk managers, and insurance professionals deal with current hard insurance market. …
