March 25, 2003
A half-day workshop, examining “2001 Commercial General Liability – Important Changes and Tips, Tricks, & Traps” is to be presented by the CPCU Society, co-sponsored by the Massachusetts Chapter, on April 24. The workshop will take place at the Holiday …
March 25, 2003
Sterling Financial Settlement Services, a new full-service settlement company, has announced it will officially open for business on April 1. The new service is a joint venture between Sterling Financial Corporation and Landmark Abstract, Inc., and aims to provide title …
March 25, 2003
Pennsylvania’s State Workers’ Insurance Fund (SWIF) and Drug Free Pennsylvania announced that the drug-free workplace pilot project will be extended for an additional year. The pilot project provides a workers’ compensation premium credit for those SWIF insureds which enroll in …
March 25, 2003
The Alliance of American Insurers has issued a bulletin noting that Virginia Governor Mark Warner has signed into law the nation’s first piece of legislation aimed at changing the Standard Fire Policy Act related to commercial insurance policies. The changes, …
March 25, 2003
Chicago-based broker Hub International Limited announced that its largest Canadian operation, Barton Insurance Brokers Ltd. (Barton) of Chilliwack, British Columbia, has purchased the assets of H & H Insurance Services Ltd. (H & H) of Chetwynd, BC. “H & H, …
March 25, 2003
Standard & Poor’s Ratings Services announced that it has affirmed its ‘A+’ long-term counterparty credit and insurer financial strength ratings on Le Mans Re with a “stable” outlook, following a review of the French-based reinsurer. “The ratings reflect Le Mans …
March 25, 2003
ACE European Markets announced the launch of two new divisions: ACE Financial Solutions Europe, a division of ACE European Markets Insurance Limited (AEMI), located in London, and ACE Financial Solutions Reinsurance Europe, a division of ACE European Markets Reinsurance Limited …
March 25, 2003
Standard & Poor’s Ratings Services announced that it has affirmed its ‘AAA’ ratings on American International Group Inc. and various AIG operating companies. S&P reaffirmed the increasingly rare triple ‘A’ rating despite the company’s announcement that it would incur a …
March 25, 2003
Standard & Poor’s Ratings Services said today that it affirmed its “BBB+” counterparty credit rating on Illinois-based Horace Mann Educator Corp. based on its strong financial position and the extremely strong consolidated capital structure of its operating subsidiaries. Standard & …
March 25, 2003
The Hartford Financial Services Group, Inc. announced that Jonathan Bennett has been named senior vice president of the personal lines division in its property-casualty operations effective April 1. Bennett succeeds Paul Kennedy, who will retire from The Hartford. In his …