January 15, 2003
The Hospital & Healthsystem Association of Pennsylvania (HAP) broadly hailed the introduction by State Senator Jake Corman (R-Centre) of a resolution that begins the process of limiting non-economic damages through constitutional amendment. “The deteriorating professional liability insurance environment necessitates a …
January 15, 2003
New Jersey’s Democratic Gov. James McGreevey received plaudits from the insurance industry following his remarks in his “State of the State” address that he would vigorously pursue reforms in the auto insurance market. He called for increased competition in the …
January 15, 2003
Bermuda-based PartnerRe Ltd. announced that Mr. Jean-Marie Nessi has been appointed Head of the Property & Casualty business unit for PartnerRe Global. He will report to Bruno Meyenhofer, CEO of PartnerRe Global. Nessi will take over responsibility for all of …
January 15, 2003
A.M. Best Co. made several ratings announcements yesterday. It confirmed the A (Excellent) financial strength ratings of ING Comercial America (ING-CA) and its wholly owned subsidiary, ING Comercial America Fianzas, and the B+ (Very Good) rating of Tugu Insurance Co. …
January 15, 2003
Ross Turnbull, the President of NRMA, one of Australia’s largest insurance groups, appears to have been successful in his efforts to oust the company’s present Board of Directors, and replace all 14 members with his own group, dubbed “Your First …
January 15, 2003
Although Texas Gov. Rick Perry insisted during his 2002 re-election campaign that he was not in the insurance industry’s pocket, as charged by his opponent Tony Sanchez, he nevertheless received $15,000 from insurance company political committees on the day he …
January 15, 2003
Georgia Insurance Commissioner John W. Oxendine announced that the Consumer Services Division of the Georgia Department of Insurance helped tens of thousands of Georgia consumers settle insurance company disputes in 2002, resulting in the return of some $18.7 million in …
January 15, 2003
Brown & Brown Inc. appointed Stephen S. van Wert, Esq. executive vice president responsible for all program insurance operations at the company’s Tampa headquarters. These programs include the Brown & Brown’s nationally acclaimed Professional Protector Plan for dentists, the Lawyer’s …
January 15, 2003
Lockton Insurance Brokers of San Diego Inc. announced the appointment of Timothy Jablonski as senior vice president and COO. Jablonski, who has over 29 years of experience in the insurance industry, is a recognized authority on property and casualty coverage, …
January 15, 2003
A “lawyer-friendly” bill that would make it a violation of Montana’s unfair claim settlement practices act if an insurer engages in any single act that violates the statute will strain the resources of the insurance department and hamper the insurance …