Representatives from The Academy of Producer Insurance Studies met with the Independent Insurance Agents of Austin (IIAA) on April 14, 2004 at the Westwood Country Club in Austin, Texas, and presented several attendees with the first copies off the presses …
SCOR Group Chairman Denis Kessler announced in Beijing that the Group has submitted an application to the China Insurance Regulatory Commission (CIRC) for a reinsurance license to reinforce and develop its non-life reinsurance business activities in China. The SCOR Group …
Hotel clients of Fireman’s Fund Insurance Company can now buy an extended package of online employee safety training that satisfies all OSHA requirements for hospitality industry employees, such as housekeepers, clerks, and bellhops. This comprehensive national service, which includes courses, …
The private insurance industry for workers’ compensation would not have enough capital to withstand potential losses on its own should a catastrophic terrorism event, or multiple events, occur, according to the Workers’ Compensation Terrorism Reinsurance Pool Feasibility Study conducted by …
U.S.I. Holdings Corporation (NASDAQ:USIH) today announced that it has set the price of the public offering of 9,764,850 of its common shares at $14.72 per common share. Of those shares, 3,500,000 shares were sold by the company via forward sale …
The ratings outlook for the global reinsurance market remains negative, despite an expectation that the market’s 2003 reported financial year-end results will return it to overall underwriting profitability for the first time in eight years, according to a new report …
An electrical fire that began in a storage room caused moderate damage to an administrative building at Kilby Prison outside of Montgomery, Alabama this week. No one was injured. The Alabama State Fire Marshals Office investigated the incident and determined …
Florida’s Chief Financial Officer and Miami-Dade’s top prosecutor are teaming up to combat auto insurance fraud, which reportedly costs Florida families as much as $250 annually. CFO Tom Gallagher, who oversees the Department of Financial Services, and Miami-Dade State Attorney …
Thomas DiBiagio, United States Attorney for the District of Maryland, announced that a federal grand jury has returned an indictment charging Ozzie Clay, 61, of Silver Spring, Md., with mail fraud, wire fraud, bankruptcy fraud, money laundering and arson offenses …
Gov. Arnold Schwarzenegger blamed attorneys for the “two or three sticking points” that loom over negotiations on a workers’ compensation insurance reform bill. “Every time we get language, the trial lawyers, the applicant attorneys, come up and change it around …
