August 28, 2003
North Carolina Insurance Commissioner Jim Long announced the arrest of five suspects believed to be part of an extensive auto insurance fraud ring operating in Forsyth and Guilford Counties. Criminal investigators from the Department of Insurance (DOI), accompanied by officers …
August 27, 2003
The Institute for Business & Home Safety (IBHS) is making access to disaster protection information easier with the next generation of its Web site, www.disastersafety.org. The latest enhancements to the IBHS Web site allow more efficient access to property protection …
August 27, 2003
Pennsylvania-based Venture Programs, Inc., which designs and deploys specialty industry-focused insurance programs, has launched a redesigned version of its Web site as part of a new corporate identity and branding campaign. Venture provides specialty insurance packages for select vertical industries, …
August 27, 2003
Germany’s Hannover Re continues to record a steady operating performance. Just reported first-half results show net premiums earned up 9.4 percent to 5.9775 billion euros ($6.5 billion, a slight increase in operating profit (EBIT) to 285.2 million euros ($310 million) …
August 27, 2003
Pennsylvania’s Harleysville Insurance announced that the company has been named to the Ward’s 50, a benchmark group of the top-performing insurance companies in the nation, for the fifth year in a row. “We are proud once again to achieve this …
August 27, 2003
Pennsylvania Agriculture Secretary Dennis Wolff announced that the Federal Crop Insurance Corporation (FCIC) has raised the ceiling on Pennsylvania’s AGR-Lite crop insurance protection program from $100,000 to $250,000, extending protection to producers with annual gross revenues up to $500,000. In …
August 27, 2003
Oracle Insurance Brokers, a leading insurance brokerage firm and financial planning consultancy, located in the United Arab Emirates, announced their participation as a founding member on the Dubai Quality Group’s Advisory Council. “The Dubai Quality Group has long been instrumental …
August 27, 2003
Bermuda-based ACE Limited announced the appointment of Frank Lattal to the position of Chief Claims Officer. He will oversee all aspects of claims management and administration for the ACE Group of Companies worldwide through its network of claims officers, reporting …
August 27, 2003
Germany’s Allianz announced that its Polish subsidiary “is continuing to increase its sales, growing faster than the market.” First half-financial results show an overall 53 percent increase with both life and P/C operations registering gains. “In the first six months …
August 27, 2003
Arch Insurance Group, a division of Bermuda-based Arch Capital Group Ltd., announced that Robert T. Van Gieson has been named to the position of President and CEO of Arch Capital UK Ltd., Arch’s London operation, beginning September 1. He will …