Bermuda-based AXIS Capital Holdings Limited announced that Jeffrey Walker, the Managing Partner of JPMorgan Partners, LLC, has stepped down from its Board of Directors, effective August 9, 2005. His departure follows the announcement that JPMorgan Partners and several private entities …
Florida Medical Examiners meeting in Key Biscayne, Fla. maintain their autopsies and investigations show that no more than 135 deaths in Florida were hurricane-related, while FEMA the Federal Emergency Management Agency paid benefits for 306 funerals. The examiners said they …
Paul K. Furlong, FCII, has been appointed southern California president of Fullerton, Calif.-based Armstrong/Robitaille Inc., according to Johannes (Johs) Worsoe, executive vice president and chairman of UBOC Insurance Inc., a wholly-owned subsidiary of Union Bank of California, N.A. Most recently, …
Citing a drop in claims, the Automobile Insurers Bureau of Massachusetts filed its proposal for 2006 personal auto insurance rates with the Commissioner of Insurance Julianne Bowler on behalf of insurance companies. The proposal calls for a -0.1 percent rate …
CDS Business Mapping LLC, a provider in online property risk mapping, has added Illinois and Pennsylvania to its Distance to Fire Station report on the RiskMeter Online (www.RiskMeter.com). This brings the total number of states to 22. The distance between …
Fire sprinklers will soon be required in all nursing homes, in new construction of one- and two-family dwellings, and in all new construction of nightclubs and like facilities, as well as for existing nightclubs and like facilities with capacities over …
The insurance industry’s share of the world’s total economic losses from weather-related catastrophes is rising and 60 percent of these weather-related losses are attributable to small events as distinct from headline-catching catastrophes, according to a scientist who has studied the …
Standard & Poor’s Ratings Services has affirmed its ‘BB+’ counterparty credit rating and ‘B+’ preferred stock rating on Zenith National Insurance Corp. (Zenith). Standard & Poor’s also affirmed its ‘BBB+’ counterparty credit and financial strength ratings on Zenith’s rated operating …
Christine Mead, Seattle-based Safeco’s chief financial officer and president of Service, Technology and Finance, announced plans to retire effective Dec. 31, 2005. Mead joined Safeco in January 2002 as senior vice president and chief financial officer. Since then, Mead and …
The Property Casualty Insurers Association of America is disappointed that the state Supreme Court has invalided what PCI believed was a valuable law designed to help provide drug and alcohol-free working environments in the state, according to PCI Regional Vice …
