Standard & Poor’s Ratings Services noted that “the improved 2004 results published by Allianz AG (See previous article),” (rated “AA-” Negative outlook – “/A-1+) were in line with its expectations. A.M. Best Co. signaled no change in its “A+” – …
The Fresno, California office of Hilb Rogal & Hobbs Insurance Services recently hired Kaye Wells as marketing director. Wells brings 21 years of industry experience to HRH having worked in various areas of insurance including marketing, underwriting, and program management. …
Michigan lawmakers on Thursday passed Senate Bill 297, which repeals the state’s 36-year-old mandatory motorcycle helmet law. It is estimated that the repeal will result in 22 additional fatalities each year, along with 132 more incapacitating injuries, 610 other injuries …
The Word & Brown Companies, based in Orange, California, have announced the promotion of Jeffrey Compangano to the position of vice president of strategic business development. Compangano will be responsible for identifying new strategic partnerships and products and implementing key …
A major insurance industry group is staying out of the Senate confirmation fight over Gov. Arnold Schwarzenegger’s workers’ compensation director, another possible indication the appointment could be in trouble. The Association of California Insurance Companies said March 15 that it …
Gov. Dave Freudenthal has signed into law a bill that will create a medical review panel in Wyoming despite voicing reservations that it will succeed in reducing frivolous medical malpractice lawsuits. The medical review panel legislation was introduced to screen …
International Risk Management Institute (IRMI) has developed a new insurance designation for insurance agents, brokers, and underwriters who sell construction insurance. The Construction Risk and Insurance Specialist (CRIS) continuing education program is a specialized curriculum consisting of five courses that …
Shreveport, La.-based Specialty Risk Associates Inc. announced the addition of Thomas Garland as the new vice president of Underwriting and Marketing. Garland will coordinate the underwriting and marketing efforts of the home office in Shreveport with the three branch offices: …
The Supreme Court of Michigan recently ruled that the state’s No-Fault Insurance Act prohibits health care providers from charging more than a reasonable fee for services and left it up to lower courts to determine what is reasonable when a …
Robert F. Erburu has been named the non-executive chairman of the Board of Directors of Marsh & McLennan Companies Inc., announced the company today. Erburu has been lead director since Oct. 25, 2004, and has been a member of the …
