January 9, 2004
XN Holdings, parent company of XN Financial Services and XN Risk, announced that Matt McKinley has joined the XN team. With an international healthcare mandate, he will serve as regional sales director for the North East and West Coast USA. …
January 8, 2004
William T. Hold, Ph.D, president of The National Alliance for Insurance Education & Research in Austin, Texas, was named to Insurance Newscast’s annual list of the “100 Most Powerful People in the Insurance Industry.” According to the National Alliance, the …
January 8, 2004
LIMRA International, a worldwide association of insurance and financial services companies, has named John W. Greene, CLU, ChFC, president of Agency Distribution at The Prudential Insurance Company of America, a division of Prudential Financial, Inc., to its board of directors. …
January 8, 2004
Allied World Assurance Company, Ltd. (AWAC) issued a comment on the “A+” (Superior) Rating, recently affirmed by A.M. Best Co. The rating agency had originally accorded the newly formed Bermuda-based insurer the coveted designation last November. The bulletin noted that …
January 8, 2004
Moody’s Investors Service announced that it has assigned prospective ratings to the $975 million universal shelf registration of Everest Re Group, Ltd. (Everest Re Group) — prospective senior unsecured debt at (P)A2), Everest Reinsurance Holdings, Inc. (“Everest Re Holdings) — …
January 8, 2004
The National Association of Independent Insurers issued a bulletin praising a recent decision by the New York Court of Appeals that rejected a plaintiff’s claim that he is entitled to collect injury damages under the state’s Section 240 labor law, …
January 8, 2004
Maine’s Superintendent of Insurance, Alessandro Iuppa, announced the publication of the Bureau of Insurance report to the Maine State Legislature. The detailed report indicates that the state’s residents are finding it difficult to obtain coverage in some areas, and that …
January 8, 2004
Two former volunteer firemen have pleaded in a federal court in Pittsburgh to charges that on two occasions they deliberately set fire to their firehouse in neighboring Isabella in order to collect around $500,000 in insurance proceeds to fund a …
January 8, 2004
Even if the National Association of Independent Insurers is busy merging with the Alliance of American Insurers (See related national article), its general counsel, Gerald L. Zimmerman, has been keeping an eye on events. He blasted Massachusetts Attorney General Thomas …
January 8, 2004
Torrance, Calif.-based ePolicy Solutions Inc., a leader in providing Web-based policy administration solutions that can reduce expenses and improve customer service, announced a marketing agreement with ODEN® Insurance Services Inc., a provider of regulatory research and compliance products. ePolicy Solutions …