ESIS, Inc., the risk management services arm of ACE USA, and Syntrio, Inc., a provider of complete online training solutions, announced the launch of the “International Safety Academy (ISA) e-Learning, a web-based risk management training solution.” The new system is …
Professional Insurance Agents of Connecticut President James Pascarella, urged the Insurance & Real Estate Committee of the Connecticut General Assembly to oppose Raised Senate Bill No. 1084 during a public hearing on Thursday, March 13. The bill would establish a …
The Alliance of American Insurers announced its satisfaction in the outcome of a recent decision by the New Jersey Supreme Court to deny certification in James v. Torres. The bulletin noted that the result “will bring a needed sense of …
“Virginia’s 2003 legislative session ended with the softening of many bills that could have made it much more difficult for insurance companies to conduct business in the state,” said an announcement from the National Association of Independent Insurers. The bills …
Credit Suisse is reportedly planning to put its U.K. subsidiary, P/C insurer Churchill Insurance, up for sale. The company is Britain’s fifth largest non-life insurer, and posted a pre-tax profit of £83 million ($131 million) last year on premium income …
Holland’s ING announced that in order to comply with U.S. GAAP accounting standards it would write down the good will value of some recent acquisitions by 13.1 billion Euros ($14.17 billion), around 20 percent of their current value. The news …
A.M. Best Co. announced that it has affirmed the various financial strength ratings of the operating subsidiaries of Toronto-based Fairfax Financial Holdings Limited, with the exception of TIG Insurance Group, which was lowered to B+ (Very Good) from B++ (Very …
Lloyd’s Chairman, Lord Peter Levene, called upon underwriters and brokers to move away from the paper-bound system that has barely changed for decades and embrace the technology of the 21st century. He made clear that without change the London insurance …
Irishmen and women, would-be Irishmen and non-Irishmen around the world took to the streets to celebrate St. Patrick’s Day March 17, in a joyous celebration of the “wearin’ o’ the green.” Despite the increasing build-up to war in Iraq and …
Acting to provide greater protection for consumers who file insurance claims, Calif. Insurance Commissioner John Garamendi has proposed amendments to the Fair Claims Settlement Practices (FCSP) regulations, which govern how insurers handle claims. “Protecting the consumer is our top priority …
