Federal District Court Judge John Martin has ruled that Silverstein Properties, the master leaseholder of the World Trade Center, must submit the dispute over the valuation of the buildings lost as a result of the Sept. 11 attacks to an …
Moody’s Investors Service announced that it has lowered the debt ratings of France’s AXA group to A2 from A1 for senior debt, and to A3 from A2 for subordinated and junior subordinated debt, “reflecting a revision of Moody’s notching practice …
Germany’s Allianz AG joined the parade of big insurance companies that had a very bad year in 2002. For the first time since the end of the Second World War Europe’s largest insurer posted an annual loss, and not a …
As war began last night with U.S. air attacks on selected targets in Baghdad, that apparently just missed Saddam Hussein, the insurance industry nervously prepared for the global fallout. Commercial insurers warned their clients – mainly oil tanker and cargo …
The California Workers’ Compensation Insurance Rating Bureau (WCIRB) 2002 Annual Report is now available on the WCIRB Web site. The online publication is representative of the WCIRB’s increasing utilization of its Web site and the Internet to communicate with its …
The Insurance Professionals of Santa Barbara are sponsoring three two-credit continuing education seminars at the Ogilvy-Hill Insurance Conference Room at 418 Chapala Street, Santa Barbara, Calif. on Monday, April 7, 2003. Fred Fisher, president of Los Angeles-based E.L.M. Insurance Brokers, …
Chicago-based Acordia Inc. has established a Risk Finance Group that will serve as a national resource for both clients and producers. The new group will offer client consultations and other insurance services to protect clients from the financial risks associated …
Texas Speaker of the House Tom Craddick named State Representative Helen Giddings chair of the Board of Directors of the Research and Oversight Committee on Workers’ Compensation (ROC). Giddings replaces outgoing chair Scott Hochberg. Representatives Lois W. Kolhurst and Gary …
Southwestern Insurance Information Service (SIIS) announced that Jim Snikeris, vice president and executive director of Farmers Insurance Group in Austin was elected chairman of the board of SIIS. Snikeris joined Farmers in 1978 and has held a variety of management …
Insurance wholesaler and general agency, WCI Wood & Company of Texas Inc., announced it has added four staff members, including a new executive vice president. Dan Whit joined the firm as executive VP. He previously held executive positions with another …
