New York-based brokerage behemoth Willis Group Holdings Ltd. has announced three senior appointments in its Minneapolis office. Dan Caffrey has joined as a senior vice president and both Stephanie Candon and Henry Van Dellen have joined Willis as vice presidents, …
Commercial auto underwriting results took a U-turn in the right direction from 1999 to 2003, according to a new study by Conning Research and Consulting Inc. The study, “Commercial Automobile Markets: Solid Sectors, Worthy Gambles, and Risky Business,” reveals that …
A $2.6 million contract to install a new medical bill processing system has been signed by the West Virginia Workers’ Compensation Commission (WVCC), no estimate was given for when the system will go online. “Improving our efficiency in medical billing …
The New York State Insurance Departmentannounced that Nationwide Insurance will reduce auto rate premiums for their New York customers this year, making them the fourth insurer to do so and bringing to $166 million the total consumer savings announced to …
Florida bore the brunt of the damage from the 2004 hurricane season. ISO’s Property Claim Services unit estimates the state incurred almost $18 of the $22 billion total insured losses. According to the Florida House of Representatives, at least 30,000 …
The U.K.’s Norwich Union has announced an innovative program to give young motorists more affordable insurance premiums. The company has launched “Pay As You Drive” (TM) for drivers between the ages of 18 and 21. Norwich described the new policy …
Allianz Hungária announced that it has introduced new features to serve its motor third party liability insurance customers, and has further strengthened its position as the market leader in the country. The company’s announcement noted that Hungarian motorists are demanding …
Fairfax Financial Holdings Limited announced that its French subsidiary, Compagnie Transcontinentale de Reassurance Holding (CTRH), Has completed the purchase of Compagnie de Reassurance d’Ile-de-France (Corifrance), a French reinsurance subsidiary of Markel Corporation which was placed into runoff in November, 2004, …
Ontario-based EGI Financial Holdings Inc. (EGI), parent company of Echelon General Insurance Company, announced the amalgamation with Canadian Insurance Marketing Inc. (CIMI). “To this point, EGI had been owned 50 percent by The Co-operators Group and 50 percent by CIMI,” …
Infinity Property and Casualty Corporation announced that it has been presented a Certificate of Congressional Recognition from U.S. Congresswomen Lucille Roybal – Allard for its contributions to the success of a Holiday toy drive in greater Los Angeles County. Infinity …
