July 22, 2003
New York City Police Commissioner Raymond Kelly and New York State Insurance Superintendent Gregory Serio announced the arrest of Peter Perouza, 32, who is charged with insurance fraud and grand larceny stemming from a fraudulent claim he reportedly submitted stating …
July 22, 2003
Several class action lawsuits have recently been filed in Georgia based on the state Supreme Court’s decision on the issue of diminished value related to auto insurance claims, according to the Alliance of American Insurers. The latest such suit seeks …
July 22, 2003
CDS Business Mapping, a provider in online hazard mapping, announced the release of its revolutionary, patent pending, Birdseye Geocoding™ technology. Birdseye Geocoding combines digital street files and aerial images to provide the most accurate geocode possible. The aerial image allows …
July 22, 2003
Patrick O’Brien has joined the Capitol Hill office staff of the Independent Insurance Agents and Brokers of America (IIABA) as the new lobbyist/grassroots coordinator. O’Brien has spent the past four years working in Sen. Ted Kennedy’s Washington, D.C., office as …
July 22, 2003
A route truck driver working for a Baltimore County trucking company was recently found guilty of felony theft against IWIF, Maryland’s largest workers’ compensation insurance company, in Baltimore County Circuit Court. The claimant received a one year and one day …
July 22, 2003
The Professional Insurance Agents of New York State Inc. announced details for its first Hudson Valley Regional Awareness Program Thursday, Oct. 2, at the Holiday Inn Suffern, N.Y. The Hudson Valley RAP will feature PIANY’s eighth annual CEO conference, which …
July 22, 2003
XL Capital Ltd announced that it will host its first ever global risk conference, the XL Capital Congress, September 4-5 in Montreux, Switzerland on the theme “Thought Leadership for a World at Risk.” The conference formerly known as the WinConference, …
July 22, 2003
Standard & Poor’s Ratings Services said it affirmed its ‘A’ long-term counterparty credit and insurer financial strength ratings on Bergen-based mutual marine insurer Norwegian Hull Club (NHC), following a review. The outlook is stable. “The ratings reflect NHC’s very strong …
July 22, 2003
Standard & Poor’s Ratings Services commented on the CreditWatch status of Germany-based credit insurance company Gerling NCM Credit and Finance AG (Gerling NCM), reflecting the impact of its new shareholder structure. This follows the May 7 announcement that Gerling-Konzern Versicherungs-Beteiligungs-AG …
July 22, 2003
ACE’s creation of a unique London-based trading floor is paying considerable dividends for ACE INA UK Limited, the newly re-authorised business of the ACE European Group. Results for the first six months of trading reveal that ACE INA UK Limited …