The Hartford Financial Services Group announced that it has named Lizabeth Zlatkus, executive vice president, to the post of chief financial officer of its subsidiary, Hartford Life Insurance Company, and Richard L. Mucci as senior vice president and director of …
The National Association of Independent Insurers has issued a bulletin indicating that a bill, scheduled to be considered by the Rhode Island’s House Judiciary Committee, would expand liability for car renters and could lead to higher costs for all drivers. …
Some 1,500 insurance professionals, the highest number ever, attended the recently concluded PIANJ/PIANY Joint Conference at Bally’s Atlantic City, making it “the highest attended show ever in the associations’ histories,” and the “industry’s biggest show in the Northeast,” said a …
Arch Insurance (Bermuda), a division of Arch Reinsurance Ltd., announced that, effective June 30, 2003, they will expand their excess liability capacity from $40 million to $50 million. “This additional capacity will allow us to better serve our clients,” stated …
The China Insurance Regulatory Commission announced that it has opened up the insurance markets in the southwestern cities of Chongqing and Chengdu. Under the terms of its accession to the World Trade Organization China undertook to open its tightly controlled …
The 39th annual seminar of the International Insurance Society (IIS), hosted by the Insurance Information Institute, is scheduled to be held July 13-16, 2003 at the Waldorf-Astoria in New York. Among the issues to be discussed by many of the …
According to newspaper reports Italy’s Generali may soon make a 300 million euro ($355.5 million) bid for French insurer Le Continent in a bid to increase its share of the French market. It considers the country a prime expansion opportunity. …
A.M. Best Co. announced that it has affirmed the financial strength rating of A++ (Superior) of Japan’s Tokio Marine and Fire Insurance Company Ltd., (TMF), and, in a separate announcement, also affirmed the same rating for its Bermuda-based reinsurance subsidiary …
Joseph J. Plumeri, the Chairman and CEO of international insurance broker Willis Group Holdings Limited, has received a strong vote of confidence in his leadership, as the company announced that it has amended his five-year employment agreement by extending it …
Farmers Insurance Group announced it has filed for a rate reduction with the Nevada Department of Insurance on all homeowners business in the state of Nevada. If approved by the department, beginning with September 16th renewals, many of Farmers’ customers …
