November 2, 2004
Global insurance broker, Willis Group Holdings announced the launch of a series of semi-monthly webcasts as an element of its “Client Advocate model.” The company said that approximately every two weeks, “Willis Practice Group Leaders will come together with the …
November 2, 2004
The National Association of Insurance Commissioners (NAIC) announced that it has recently formed the NAIC Executive Task Force on Broker Activities to gather facts and coordinate activities to address alleged criminal misconduct and violations of existing insurance laws involving insurance …
November 2, 2004
Marsh & McLennan Companies Inc. (MMC) announced that Marsh Inc., its risk and insurance services subsidiary, is taking steps to collect all amounts owed to it by insurance markets under market services agreements (MSAs) that were in effect prior to …
November 1, 2004
Several residents said they were offended to receive a letter from a state legislator asking them to vote against two constitutional amendments tied to medical malpractice. Rep. Floyd Esquibel, D-Cheyenne, sent the letter asking voters to reject Amendments C and …
November 1, 2004
Actuary J. Robert Hunter has reportedly published another bogus analysis of the medical malpractice insurance industry, once again using one of his front groups, Americans for Insurance Reform (AIR), as the messenger. Medical Malpractice Insurance: Stable Losses/Unstable Rates 2003 reportedly …
November 1, 2004
Edward Kushlis has been appointed sales leader for the Baltimore office for Willis Group Holdings (NYSE: WSH), the global insurance broker. Kushlis has been with Willis for 20 years. This past year he served as the regional operating officer for …
November 1, 2004
Citation Re, a New York- based reinsurance company has added t Russell Kroszner to its team as assistant vice president. Working with FM Global for 9 years, Kroszner concentrated on managing global insurance programs for the Fortune 1000 on both …
November 1, 2004
Nevada Insurance Commissioner Alice Molasky-Arman has denied the request of the Progressive Companies that are marketed through independent agents for a 5.3 percent increase in auto insurance rates. This filing would have reportedly impacted policyholders insured by Progressive Northwestern Insurance …
November 1, 2004
In order to expedite Utica’s long-term economic recovery plans, Illinois Gov. Rod Blagojevich announced more than $1 million in funding recently that will help rebuild and enhance this and other communities devastated by April’s deadly tornadoes. The storms killed eight …
November 1, 2004
California-based Mercury General Corp. has reported net income of $65.1 million, or $1.19 per share (diluted), in the third quarter 2004 compared with $49.6 million, or $0.91 per share (diluted), in the same period for 2003. For the first nine …