January 12, 2006
Marshall Leicht of Texas-based Leicht General Agency announced the promotion of two veteran employees, Rose Perez and Mary Travis, to the position of vice president. Perez has been with LGA for nine years as a senior underwriter. She is an …
January 12, 2006
Satellites have been connected with space explorations, monitoring crop conditions around the globe, helping commodities markets price the product and more. Few of us think of satellite images showing up in courtrooms to help prosecutors prove crop insurance fraud. Times …
January 12, 2006
Guy Carpenter & Company, Inc., the global risk and reinsurance specialist of the Marsh & McLennan Companies, announced that Eric Excoffier has joined its Property Specialty Practice as Senior VP and Practice Leader in Europe. He will be based in …
January 12, 2006
The Commerce Insurance Company has filed with the Massachusetts Division of Insurance for a five percent (5%) discount from the 2006 private passenger automobile fixed and established rates for AAA members in Massachusetts. If approved by the Division of Insurance, …
January 12, 2006
Short Hills-Bollinger, Inc. has acquired MLW Services, Inc. of New York. The principals of MLW, Andrew Marks, president and CEO, Bert Linder, executive vice president and Chuck Weisblum, chairman, will continue in executive capacities with Bollinger. Ongoing operations will continue …
January 12, 2006
Hurricane Katrina victims in Mississippi have been warned to beware of scam artists and disreputable contractors and to check contractors out closely before hiring them to do repairs, according to Robert Latham, director of the Mississippi Emergency Management Agency. “Most …
January 12, 2006
Two weeks after voting to spend $7,000 a year for terrorism insurance, commissioners in a rural Alabama county have responded to a more immediate threat: angry voters. The Clarke County Commission has voted unanimously to reverse its previous decision, also …
January 12, 2006
A.M. Best Co. announced that it has affirmed the financial strength rating of “A” (Excellent) and issuer credit rating (ICR) of “a+” of the following subsidiaries of Australian insurer QBE: QBE Insurance (International) Limited (QIL) (Australia) and QBE Reinsurance (Europe) …
January 12, 2006
Dublin-based Research and Markets announced the addition of “Performance Ratio Benchmarking of the Top UK Insurers 2005” to their offering. “This report provides a consolidated source of information about the underwriting profitability of the top UK general insurers by line …
January 12, 2006
The Italian Central Bank, which regulates the country’s financial institutions, has rejected the bid by domestic insurer Compagnia Assicuratrice Unipol SpA’s (Unipol) €5 billion ($6 billion) takeover bid for Banca Nazionale del Lavoro (BNL). The Bank gave no reason for …