The U.K.’s Hiscox plc has released a bulletin in advance of its Annual General Meeting, scheduled for later today, detailing certain changes in its Board of Directors and indicating that it has “made a good start to the year.” The …
Standard & Poor’s Ratings Services announced that it has raised its long-term counterparty credit and insurer financial strength ratings on German P/C insurer Gerling-Konzern Allgemeine Versicherungs-AG (GKA) to “A-” from “BBB+.” S&P also raised the long-term debt rating on the …
Bermuda’s Endurance Specialty Holdings Ltd., a global provider of property and casualty insurance and reinsurance, announced that Michael E. Angelina has joined the company as its new Chief Actuary. He has over 20 years of professional experience as a practicing …
The Drive Group of Progressive Insurance Companies expanded its partnership with Strategic Insurance Software to implement a real-time interface, using ACORD XML standards, that provides independent agents and brokers “one-click” access to the Drive agency-dedicated Web site, ForAgentsOnly.com. Drive Insurance …
The personal lines industry may be viewed through multiple competitive prisms. These include the classic independent agent versus direct writer perspective; independent and exclusive agents versus the banks, and independents, exclusives and banks versus the direct marketers. There is also …
Our nationwide golf issue will be published on August 8, 2005. Please submit your photos by July 18, 2005, so you don’t miss out on the opportunity to be included in this exciting issue! Be creative with your photos! We …
There is an abundance of material offering insurance agents advice designed to minimize or prevent errors and omissions claims. Most of these materials are generalized, focusing on proper file documentation and stressing frequent communication with customers and prospects. Most of …
Dear Reader: Every business has a story to tell. For many corporations, small and large, that story ties closely to the personal lives of their founders. Throughout Insurance Journal’s history, we have come to know and appreciate many of the …
Scandal: Now What? Nothing! When news of Eliot Spitzer’s allegations against giant insurance broker Marsh & McLennan hit the press in October 2004, local agents and brokers braced themselves for an onslaught of client concerns. They prepared brochures, distributed talking …
State insurance regulators moved closer to final adoption of model finite reinsurance disclosure language at the summer meeting of the National Association of Insurance Commissioners in Boston in early June. As they did, they expressed the hope that states that …
