February 10, 2004
Florida-based LIG Marine Managers announced the launch of two new programs; the Stock Throughput Program and the Marine Contractors Package Program. Ian Greenway, president of LIG Marine Managers, said “Stock Throughput has been around for many years and is often …
February 10, 2004
Ohio-based insurer Cincinnati Financial Corp. announced that two directors of the corporation and its subsidiaries will not stand for re-election at the company’s annual shareholders’ meeting on April 24, 2004. Alan R. Weiler has served as a member of the …
February 10, 2004
Alabama-based Infinity Property and Casualty Corporation, a provider of personal automobile insurance with an emphasis on nonstandard auto insurance, reported net earnings for the fourth quarter of $19.5 million or $0.94 per share, on a fully diluted basis, compared to …
February 10, 2004
First Premium Insurance Group Inc. of Covington, La., a growing regional property and casualty insurance broker, announced its newest team members, Steven J. Weisgerber and Elizabeth W. Jenkins. Weisgerber joined First Premium as personal lines underwriting manager. He comes to …
February 10, 2004
A LaPlace, La. insurance agent was arrested and issued a Cease and Desist Order for allegedly misappropriating insurance funds, according to Louisiana Commissioner of Insurance Robert Wooley. Department of Insurance Fraud Unit investigators served Christopher Anthony Poche, 30, with a …
February 10, 2004
The Professional Insurance Agents of Connecticut Inc.’s 2004 annual convention is scheduled for March 16-17, 2004, at Foxwoods Resort Casino, Mashantucket, Conn. Last year nearly 500 insurance industry representatives attended the event, and of those nearly half participated in education …
February 10, 2004
The Property Casualty Insurers Association of America has issued a statement warning that a New York Senate bill could increase damages in wrongful death cases and would be a radical departure from current law that could have profound implications in …
February 10, 2004
Dominique Bazy, 52, a former director of the French bank Credit Lyonnais (CL) pled guilty to one count of fraud, involving the making of false statements in the course of CL’s “behind the scenes” acquisition of the Executive Life Insurance …
February 10, 2004
Houston-based broker HCC Insurance Holdings, Inc. announced the proposed merger of its subsidiary U.K. wholesale broker Dickson Manchester (DM) into the Group’s other Lloyd’s intermediary, Rattner Mackenzie Ltd. (RML). Both Companies are based in London. “DM will become a division …
February 10, 2004
XL Capital Ltd. announced today that Paul S. Giordano, Executive Vice President, General Counsel and Secretary of the Company, has been appointed President of Financial Solutions Operations with responsibility for XL Financial Solutions (XLFS). The bulletin noted that “XLFS is …