Pennsylvania-based PMA Insurance Group announced that Marie F. Hatam, MD, MBA has joined PMA as Vice President and Medical Director; Glenn R. Giveans has been promoted to Assistant Vice President and Assistant Branch Manager – New Jersey, and Nick Bozzi …
The American Insurance Association joined other national organizations in commending the members of Pennsylvania’s House of Representatives for passing a bill (HB 1326) which would amend the commonwealth’s constitution to allow the legislature to impose limits on non-economic damages in …
Benfield, the Bermuda-based reinsurance broker, formerly headquartered in London, priced its initial public share offering at 260 pence ($4.30), toward the high end of its expected range, but there was reportedly a strong demand for the shares from British, American …
James Sutherland, who heads Lloyd’s Development & Strategy – Worldwide Markets, indicated that European brokers will play an increasingly powerful role in the European insurance market of the future. Speaking at the Annual General Meeting of the European Federation of …
A.M. Best Co. announced that it has affirmed the financial strength rating of ‘A++’ (Superior) of Koelnische Rueckversicherungs-AG (Cologne Re) and its core subsidiaries, with a stable outlook. The affirmation was part of an overall reaffirmation of the ‘A++’ ratings …
Equitas, the runoff vehicle established by Lloyd’s in 1996 to handle claims liabilities prior to 1992, principally asbestos and environmental claims, announced decreases in its reserves for the fiscal year ended 31 March 2003. While Lloyd’s syndicates largely escaped the …
Allied North America announced the following appointments to its Fremont. Calif.-based office. Lynne O’Connell has been promoted to senior vice president of Insurance and a member of Allied’s management team. O’Connell has over 20 years experience in both insurance company …
San Diego I Day returns to the Town & Country Hotel & Convention Center, 500 Hotel Circle North, San Diego, on Monday, June 16. Presented by IBA of San Diego, this year’s gathering will feature over 100 vendors as well …
Michigan Office of Financial and Insurance Services (OFIS) Commissioner Linda A. Watters today issued the 2003 Buyers’ Guide to Auto Insurance in Michigan. The guide, which is an annual survey of automobile insurance companies and their rates for different policies …
The Ohio Senate passed a litigation reform measure that will reportedly stem the tide of economic damage caused by out-of-control jury verdicts and other abuses of the tort system, according to a statement released by the American Insurance Association, an …
