The Insurance Industry Charitable Fund (IICF) will celebrate a decade of community service resulting in more than $5.5 million in grants to nonprofit groups across California on Friday, May 2, at San Francisco City Hall. By organizing and pooling insurance …
U.S. Risk Insurance Group appointed John Keane as executive vice president of U.S. Risk Underwriters, Inc. Keane will be involved in many strategic and operational aspects of the company, including day to day underwriting activities, new business development, new product …
Global insurance broker Willis Group Holdings has released its analysis of the current state of the reinsurance marketplace. It also issued a revised announcement concerning secondary share sales by investors. The 31 page report, available on the company’s Web site …
Standard & Poor’s Ratings Services said today that it affirmed its “BBB” counterparty credit and financial strength ratings on American Fire & Casualty Co., Ohio Casualty Insurance Co., Ohio Security Insurance Co., and West American Insurance Co., which make up …
Cincinnati-based American Financial Group Inc. (AFG) announced changes to its board of directors to create a board that is composed of a majority of independent directors. Keith E. Lindner, a director and co-president of the company since 1995, has decided …
Leading insurance software provider Applied Systems Inc., based in University Par, Ill., announced the appointment of Tony Villa to the new position of vice president of product management. In his new position, Villa will lead the product management team while …
Darien, Ill.-based Quotesmith.com Inc. announced financial results for the first quarter ended March 31, 2003. Quotesmith.com reported revenue of $2.6 million for the first quarter of 2003, which is equivalent to the revenue reported in the first quarter of 2002. …
Indianapolis, Ind.-based Baldwin & Lyons Inc. announced record first quarter operating income, defined as net income before capital gains or losses, of $6.1 million, or 42 cents per share, compared to the previous first quarter record of $4.9 million, or …
Virginia’s State Corporation Commission announced that it has temporarily stopped the payment of certain claims by Reciprocal of America (ROA) – a Virginia-domiciled reciprocal that was placed into receivership on January 29, 2003. The company has not been writing new …
The Professional Insurance Agents of New York State Inc. has issued a statement indicating that the state budget proposal to raise the current $1 annual Motor Vehicle Law Enforcement Fee to $5 is misdirected. “If the state must increase these …
