April 18, 2006
Oakland Calif.-based EQECAT, Inc., a provider of extreme-risk modeling, announced that Canada’s Commonwealth Insurance Company has signed a licensing agreement to use EQECAT’s WORLDCATenterprise(TM) platform and XML interface technology to create an integrated catastrophe management system. Financial terms of the …
April 18, 2006
French reinsurer SCOR Group reported premium gains in its Asia-Pacific zone following treaty renewals at the beginning of April. Written premiums In Japan exceeded 7 billion yen ($59.3 million) up 6 percent compared to 2005. SCOR noted: “Wind risk pricing …
April 18, 2006
Jack Varjabedian, 56, has been appointed marketing manager for California’s State Compensation Insurance Fund. Varjabedian brings 21 years of workers’ compensation to his new post. He started his State Fund career in 1985 when he was hired as a claims …
April 18, 2006
E. H. “Harlan” Miller Jr. of Long Beach, Calif., has died. He was chairman of the board of Hamman-Miller-Beauchamp-Deeble Inc. “Harlan was an incredible contributor to the industry and his community,” said Clark Payan, IBA West CEO. “He has inspired …
April 18, 2006
Eighty percent of all American Medical Association ratings used in reviews of permanent impairment are erroneous, with 89 percent of the erroneous ratings being elevated, according to a recent study. According to the study, there are many causes of erroneous …
April 18, 2006
EQECAT Inc., an extreme-risk modeling company, said that Commonwealth Insurance Co., a Canadian-based insurance provider, has signed a licensing agreement to use EQECAT’s WORLDCATenterprise platform and XML interface technology to create an integrated catastrophe management system. Financial terms of the …
April 18, 2006
A bill to change Alaska’s insurance settlement practices, “is unnecessary, would likely cause insurance rates to increase, would unreasonably usurp the Insurance Commissioner’s regulatory prerogative and could lead to the filing of groundless and frivolous lawsuits,” asserted Christian J Rataj, …
April 18, 2006
Eight years ago, then-18-year-old Oliver Bishop IV made a costly mistake. The Guilford, Conn. teen bought a case of beer and a half-pint of liquor and visited numerous parties. Though he had a designated driver that night, Bishop still got …
April 18, 2006
W. Flagg Pavlik has joined Jimcor Agencies’ brokerage division in Pittsburgh, Pa. Patrick Fleming, Pittsburgh branch manager, said Jimco will draw on Pavlik’s expertise to grow its Jimcor Select Risk division and to tackle the more difficult property, inland marine …
April 18, 2006
Willis Group Holdings is expanding its construction practice with the appointment of David Grigg as senior vice president and national director for professional liability. Grigg is based in New York City. In this new capacity, Grigg is tasked with leading …