Nationwide Mutual Insurance Company announced today the retirement of Donna A. James as president of Nationwide Strategic Investments. James’ retirement will become effective March 31, 2006. James has been employed by Nationwide for 25 years. She was elected president in …
CNA has introduced a new product, CNA Connect, for small business customers that will combine the company’s former business owners policy and commercial package policies into one broad flexible product. CNA Connect will provide agents with access to more eligible …
New Jersey-based Selective Insurance Group Inc. reported the following executive appointments to Selective Insurance Group and/or its subsidiary, Selective Insurance Company of America: Victor Daley (Farmington, Conn.), to executive vice president, human resources, Selective Insurance Group Inc., and Selective Insurance …
A new report from Standard & Poor’s notes that “Hurricane Katrina, followed closely on its heels by Hurricane Rita, wound up revealing the flaws in many insurance-industry assumptions.” The article, titled “Katrina Opens Pandora’s Box For Insurance Industry,” says that …
Standard & Poor’s Ratings Services announced that it has revised its outlook on Willis Group Holdings Ltd. to positive from stable and has affirmed its “BBB-” counterparty credit and senior unsecured debt ratings on Willis. “The positive outlook reflects our …
Fitch ratings has issued a statement analyzing the prospects for the new reinsurance companies, established in the wake of Hurricane Katrina. The rush to set up what Fitch calls the “Class of 2005” resembles similar start-ups formed after Hurricane Andrew …
The Maine Bureau of Insurance has modified the request of the industry’s National Council on Compensation Insurance for an average 1.8 percent increase in workers’ compensation rates for policy year 2006 to 1.2 percent. NCCI is the advisory rating organization …
A new report from Harvard Medical School refutes the common assumption that computer use causes carpal tunnel syndrome. Instead, says this report edited by Harvard-based hand experts, carpal tunnel syndrome is caused by the compression of the median nerve in …
Gray Line New Orleans will begin giving visitors a closeup look next month at Hurricane Katrina’s damage in the city of New Orleans. According to a promotion on the company’s Web site, tour participants can get a first-hand look at …
Thinking about what New Year’s Resolutions you should consider for 2006? Allstate Corporation has done some background work that could help you make as well as keep those resolutions. The Northbrook, Ill. based insurer announced results of it’s fifth annual …
