Trafalgar Marine Insurance Services, Inc. recently purchased INAMAR Recreational Marine Insurance’s company-owned wholesale recreational marine insurance business, INAMAR Marine Marketing Specialists. Trafalgar Marine is an independently owned agency appointed with INAMAR and many other highly rated, national insurance carriers, offering …
According to the Physician Insurers Association of America (PIAA), Martin Weiss and his rating organization have engineered a report that is getting lots of media attention in spite of the fact that it is reportedly fatally flawed. Studying 19 states …
Gary Orefice, chairman of the Connecticut Legislature’s Insurance and Real Estate Committee, will be the guest speaker at the 2003 Connecticut Young Insurance Professionals’ Industry Partners Breakfast and Annual Sponsor Appreciation Program. The breakfast is to be held Thursday, June …
The Alliance of American Insurers testified yesterday against NJ Assembly Bill 3259, which, it asserts, “would place restrictions on insurers using call centers.” Alliance Assistant Regional Manager Richard Stokes stated: “We have concerns about this legislation from two perspectives. First, …
Standard & Poor’s Ratings Services announced that it has lowered its counterparty credit and financial strength ratings on New Jersey-based Princeton Insurance Co. to ‘Bpi’ from ‘BBBpi’ “because of adverse reserve development in 2002 and 2001, which significantly affected the …
The American Insurance Association praised Vermont’s Legislature as it ended its current session for enacting an AIA-supported bill (S.25) to improve the safety of children in motor vehicles, and for its rejection of provisions that would have expanded the definition …
Converium Holding Ltd. has issued an announcement, in conformity with Swiss legal requirements, that the “Government of Singapore, Investment Corporation Pte Ltd (GIC), 168 Robinson Road #37-01, in Singapore 068912, has increased its holding from 1,992,411 registered shares in Converium …
Lloyd’s of London’s Franchise Performance Director, Rolf Tolle, announced that Jeremy Pinchin, previously Special Counsel for September 11th claims, will head a newly created department of Reinsurance and Claims. The new position aims to “improve the co-ordination of claims and …
ABRA Auto Body & Glass, a Minneapolis-based damaged vehicle repair company, announced the opening of a new franchise in Duluth, MN. This repair center, formerly Central Collision & Glass, is the 20th franchise operating under the ABRA brand. Mike DeBoer, …
Although they have the most at stake, small businesses are less prepared than larger companies to withstand a natural disaster, according to a recent national survey of small and mid-sized businesses by The Hartford Financial Services Group, Inc. The survey …
