Cincinnati Financial Corporation announced that the boards of its subsidiary companies appointed directors, officers and counsel at their regular meetings on Feb. 5, 2005. New appointments to boards of all three property casualty insurance subsidiaries and the life insurance subsidiary …
The commercial insurance industry experienced a full year of a soft market conditions in 2004, as the last months of the year represented the fourth consecutive quarter of declining prices, according to the RIMS Benchmark Survey, a comprehensive survey of …
The start of 2004 was a testing time for the global D&O market, reports Willis’ Directors & Officers Index which asked participating insurers for their views about the past three and next three months. Results of the index revealed a …
David Gamsey has been appointed senior vice president and chief financial officer of Beecher Carlson Holdings Inc. of Atlanta. Prior to joining Beecher Carlson, Gamsey served as senior vice president, chief financial officer, treasurer and secretary of Innotrac Corp., a …
The request by the North Carolina Rate Bureau to increase auto insurance rates in North Carolina is being closely scrutinized by the North Carolina Department of Insurance according to Chrissy Pearson, a DOI spokeswoman. “It’s the normal thing that happens …
Four public hearings have been scheduled March 1 in Florida to discuss Nationwide Insurance’s proposed 28.3 percent statewide average rate increase for homeowner’s insurance policies. Two hearings are scheduled in West Palm Beach on the east coast and two in …
A federal judge has sided with the state of Maine in an industry challenge to the constitutionality of a state law that requires pharmacy benefit managers to disclose side payments from drug companies and other financial information. U.S. Magistrate Judge …
A New Hampshire jury has awarded nearly $2.6 million to the family of a man killed in a 1999 car crash, saying the firm that redesigned the intersection where it happened was partly at fault. David DeBenedetto was killed when …
New York City will appeal a judge’s ruling against the state ban on same-sex marriages, Mayor Michael Bloomberg said Saturday. The mayor said that while he believes such marriages should be permitted, “if we did not appeal this I think …
Abram Interstate Insurance Services Inc. announced the release of P.U.R. E., a new Web-based rating program for personal property. P.U.R.E. (Personal Lines Underwriting and Rating Engine) is a new Web-based Homeowners and Dwelling Fire rating system for difficult to place …
