Connecticut’s Professional Insurance Agent’s Association issued a bulletin noting that changes in the state’s Dram Shop Act, Connecticut General Statutes Section 30-102, became effective on June 3. The Act, which has been in force since the 1800’s, “authorizes a cause …
Ernesta G. Procope, president and CEO of New York insurance broker E.G. Bowman Company, Inc., has been named to the African American Business Hall of Fame & Museum, which honors trailblazing entrepreneurs, business and professional leaders. She is one of …
The Hospital Council of Western Pennsylvania, which represents hospitals with trauma centers throughout the region, has urged state lawmakers not to repeal the current motorcycle helmet law. “We know that if motorcyclists are not wearing helmets, the risk of head …
A.M. Best Co. announced that it has affirmed the financial strength rating of ‘B++’ (Very Good) of Reaseguradora Patria S.A. (Mexico City) and assigned a “stable” rating outlook. “The rating reflects Patria’s good capitalization, solid balance sheet, excellent liquidity and …
The long-delayed initial public offering of shares in Poland’s largest insurer, Powszechny Zaklad Ubezpieczen SA (PZU) has now been put off once again – until May 2004 at the earliest. According to a report from Dow Jones Newswires, PZU’s newly …
Bermuda-based AXIS Capital Holdings Limited announced that it has received regulatory approval for the establishment of a London branch of its European insurance subsidiary, AXIS Specialty Europe Limited. AXIS recently established European operations in Ireland to provide insurance business throughout …
Moody’s Investors Service has assigned an A3 (“Good”) insurance financial strength rating to Montpelier Reinsurance Ltd., the Bermuda-based property catastrophe and specialty property reinsurance company, which is the main operating subsidiary of Montpelier Re Holdings Ltd., the reinsurer established by …
Sheppard, Mullin, Richter & Hampton announced that after nearly seven years of litigation, in a seven-month trial, its trial team, headed by Gregory A. Long, and with Fred Puglisi, Phil Atkins-Pattenson, Jim Burgess, and Justine Casey, obtained a decision on …
InVEST, an education program to strengthen the insurance industry by attracting a large pool of qualified insurance recruits, is seeking items for its annual Silent Auction being held in conjunction with the Independent Insurance Agents & Brokers of America’s Las …
