Travelers Property Casualty Corp. announced the availability of its new master policy to cover identity theft expenses. Financial institutions or other commercial businesses can purchase this policy on behalf of their account holders or customers, or for use as an …
Florida’s Chief Financial Officer Tom Gallagher and Don Saxon, Director of the Office of Financial Regulation, warned that investors will be challenged with increasingly complex and confusing investment frauds in 2004. New to this year’s list of Top 10 schemes …
The Independent Insurance Agents of North Carolina’s (IIANC’s) annual Eastern Agents Conference, the largest insurance conference in the eastern part of North Carolina, will be held Jan. 28-29, at the Holiday Inn Brownstone in Raleigh. The event will bring hundreds …
Farmers Insurance announced that customers in Virginia “may qualify for a special discount on Home insurance when they also have a Farmers New World Life Insurance Company policy.” “The Home Life Discount is similar to the Auto Life discount already …
Noting that the New England region has just experienced its second freezing period in less than a week, Boston-based OneBeacon Insurance urged homeowners and commercial property owners to take immediate steps to protect their buildings against water damage caused by …
Canada’s Kingsway Financial announced the consolidation of the reporting structures of both its U.S. and Canadian operations through the Toronto based holding company. Effective immediately the presidents of all U.S. Subsidiaries will report directly to President and CEO Bill Star. …
Bermuda-based Allied World Assurance Company, Ltd., (AWAC) announced that it has elected Scott Carmilani as President and Chief Executive Officer with immediate effect. He succeeds Michael I.D. Morrison, who has served as President and CEO since AWAC’s formation in 2001. …
California-based Risk Management Solutions (RMS), a leading provider of products and services for the management of catastrophe risk, announced that it has performed the risk analysis for the Pylon Ltd. securitization covering damage from windstorm for a major European electricity …
Bermuda’s XL Capital Ltd. has completed its reserve review, begun last October, and confirmed that it will take some substantial charges, affecting both fourth quarter and annual results. It plans to raise at least $750 million in new capital to …
London-based global brokerage Willis Group Holdings has issued the 2004 edition of Marketplace Realities and Risk Management Solutions (PDF), its annual compilation of articles on all lines of insurance. The report addresses “strategies for a changing marketplace,” providing detailed descriptions …
