United National Group Ltd. announced the appointment of Professor Kenneth Singleton to its Board of Directors, increasing the number of board members from nine to 10. Singleton, the C.O.G. Miller Distinguished Professor of Finance at the Graduate School of Business, …
MarketScout (www.marketscout.com) recently released its industry barometer for March 2004. According to Richard Kerr, chairman and CEO, “Rates are holding steady at 9 percent for the month of March. In a related matter, an age old issue has emerged which …
The Circuit Court For Baltimore City, Maryland, at the request of Maryland Insurance Commissioner Alfred W. Redmer, Jr., and with the consent of the company’s board of directors, has entered an order to rehabilitate The Mutual Fire Insurance Company of …
The National Association of Professional Insurance Agents (PIA) today announced the appointment of Leonard C. Brevik as executive vice president of the association and chief executive officer of its for-profit subsidiary, PIA Services, Inc. “Len Brevik is the right person …
Florida’s Chief Financial Officer Tom Gallagher is alerting employers to use caution when considering setting up a health benefit plan through a Single Employer Trust (SET) document that requires sending financial contributions to an out-of-state bank account. Florida consumers have …
The California State Compensation Insurance Fund (SCIF) could be heading toward insolvency, according to a new report from Standard & Poor’s Ratings Services. Recent legislative initiatives in the state threaten not only to hasten SCIF’s demise, the report contends, but …
Findings from MetLife’s 2003 Employee Benefits Trend Study reveal that Chinese-speaking workers are significantly less concerned than the general employee population about financial security, ranging from issues such as having enough money to make ends meet (19% vs. 69% overall), …
The St. Paul insurance companies, whose pullout from the medical malpractice insurance market caused a crisis for Nevada doctors, will pay a group of Las Vegas physicians $900,000 under terms of a settlement announced April 9. Another $100,000 will be …
Texas Mutual Insurance Company announced that Terre Tomblin has joined the company as its new supervisor for the Organized Fraud Unit. Tomblin brings over 20 years experience in fraud investigation supervision for the United States Air Force’s Office of Special …
ACE USA, the U.S.-based retail operating division of The ACE Group of Companies, has introduced Storm Tracker, a new insurance product that provides coverage for business losses occurring when a hurricane arrives within a predetermined number of miles of an …
