April 8, 2004
Fireman’s Fund is offering two nonprofit director and officer (D&O) liability insurance products to Independent Insurance Agents and Brokers of America (IIABA) members in states where the online market access program is available, the group said in a statment. The …
April 8, 2004
Cincinnati-based insurer the Midland Co. said it anticipates record results for its first quarter, including net income per share in the range of 85 to 90 cents, including approximately 15 cents in realized capital gains. That would compare with the …
April 8, 2004
E.L.M. Insurance Brokers Inc., specializing in professional liability programs, recently moved to larger headquarters in Los Angeles, Calif. The new information is as follows: Address 990 East Grand Avenue, Suite 210, El Segundo, CA 90245. Phone: (310) 322-1301 Fax: (310) …
April 8, 2004
West Virginia’s Workers’ Compensation Commission recently filed injunctions against three state employers whose accounts with the Commission are reportedly in default. The injunctions were filed in Kanawha County Circuit Court against: *TLC Clearing Inc., a Mingo County logging business, that …
April 8, 2004
Drivers might have to buy more insurance coverage under a bill given initial approval by members of the House on April 6. Lawmakers backed a change in the law that would say coverage for uninsured or underinsured motorists purchased on …
April 8, 2004
The Texas Windstorm Insurance Association (TWIA) and the Texas FAIR Plan announced the election of new officers for the associations. The Association Governing Committee named Craig Nadziejka as chairman of the Board; James Elbert as vice chairman, and James Langford …
April 8, 2004
The Association of Professional Insurance Women, Inc. (APIW) in New York announced that Janice Abraham has been selected as this year’s recipient of the APIW Insurance Woman of the Year Award. Abraham is president and chief executive officer of United …
April 8, 2004
Standard & Poor’s Ratings Services announced that it has affirmed its ‘A’ counterparty credit and senior debt ratings on Warren, N.J.-based Chubb Corp. as well as its ‘AA’ counterparty credit and insurer financial strength ratings on Chubb’s operating insurance companies. …
April 8, 2004
A.M. Best Co. announced that it has affirmed the financial strength rating of “A” (Excellent) of Bermuda-based Catlin Insurance Company Ltd. (CICL) (Bermuda) and its Syndicate Rating of Lloyd’s Syndicate 2003. Both ratings have a “stable” outlook. Commenting on CICL, …
April 8, 2004
A bulletin from the Insurance Bureau of Canada (IBC) notes that the insurance industry has moved about 2,000 drivers from New Brunswick’s high-priced Facility Association (a type of assigned risk plan) in March. At the beginning of the month, there …