A.M. Best Co. announced that it has affirmed the financial strength rating of “A-” (Excellent) of Royal & Sun Alliance Insurance Pool of Canada (RSA Pool) (Toronto), consisting of Royal & Sun Alliance Insurance Company of Canada, Western Assurance Company …
Zurich Financial Services Group will hold a meeting later today to provide investors and analysts with further details on its strategic initiatives designed to increase growth and profitability. The bulletin said the changes would be concentrated in the following three …
In connection with its announced realignment plan (see previous article) Zurich Financial Services Group has announced the appointment of Geoff Riddell (48) as CEO of the Global Corporate Customer Business market segment and of Martin South (39) as CEO of …
Local governments cannot be sued if their lead paint abatement programs fail to protect some citizens from poisoning, the state’s highest court ruled this week. The Court of Appeals said it reached that conclusion while keeping in mind the possibility …
The family with a car each for dad, mom, the college sophomore and the high-school senior. The tenant in apartment 2B who’s never had a ticket or an accident in 20 years of driving. The distracted shopper who backed into …
Jury awards for medical-malpractice claims rose fractionally, while awards for all personal-injury liabilities fell significantly, according to Jury Verdict Research’s latest report, Current Award Trends in Personal Injury. After steadily climbing more than 100% from 1996 to 2000, the compensatory …
A multi-agency enforcement unit conducted a sweep April 1 that has to date resulted in the arrests of 27 suspects following a year-long undercover investigation into auto body insurance fraud. Warrants were issued by the District Attorney’s offices in Sacramento, …
Executive Director Gregory Burton said four measures approved this week by West Virginia’s Workers’ Compensation Board of Managers represent important building blocks for the Commission’s future success. The measures include rules governing the medical management of claims and vocational and …
West Virginia Workers’ Compensation Commission Executive Director Gregory Burton announced that a former Kentucky state police officer has been convicted in Kanawha County Circuit Court of felony workers’ compensation fraud. This is the first felony conviction in Circuit Court under …
San Diego-based insurance brokerage Insurex Inc. and Oakland, Calif.-based Frontier General announced the release of a new workers’ compensation product in California with ACE Casualty Risk, a division of ACE USA. The new product launched is called ACE Complete(SM) and …
