New Jersey would become one of a handful of states to require that cigarettes sold in-state have extra fire protections built in, under a measure being considered in the Legislature. The proposal — modeled after similar laws in New York, …
Paula Sullivan has joined Integro’s Chicago office as a principal in the Healthcare Practice, the firm announced today in a written statement. Sullivan’s background includes experience as underwriter and broker specializing in healthcare. She has particular expertise in negotiating complex …
Harleysville Insurance has named the leadership team for its new Midwest operation headquartered in Itasca, Ill. The Midwest region, which includes existing offices in Indiana, Michigan, Minnesota and the new location in Illinois, was established as part of the company’s …
Despite knowing that driving and talking on a cell phone at the same time is dangerous, and that it is safer to use a hands-free device to hold the cell phone, a large majority of drivers with cell phones still …
Americans share a lack of confidence in the Internet that could have political consequences. In addition, the lack of action by government to boost security of the digital infrastructure is manifesting itself in economic losses. Those are two conclusions formed …
Connecticut Governor M. Jodi Rell has asked XL Specialty Insurance Co. of Stamford, the insurer of former road contractor L.G. DeFelice, to reconsider its decision to assign two unfinished state Department of Transportation construction projects in New Haven and New …
American International Group, Inc. is donating $1 million to support relief efforts in the areas affected by the May 27 earthquake in Indonesia. President and CEO Martin J. Sullivan explained: “The earthquake in Indonesia has left hundreds of thousands homeless …
Standard & Poor’s Ratings Services has placed its “A” financial strength rating on Employers Reassurance Corp. (ERAC), a subsidiary of GE Insurance Solutions (GEIS) on CreditWatch with developing implications. “The CreditWatch reflects the expectation that current explicit support arrangements provided …
Standard & Poor’s Ratings Services has assigned its senior secured debt ratings to the principal at-risk variable-rate notes issued under Swiss Reinsurance Co.’s Successor shelf program (See previous areticle). “These are the first issuances under the seven newly established $1.5 …
Swiss Re has obtained $950 million worth of protection against North Atlantic Hurricanes, Europe Windstorms, Californian Earthquakes and Japan Earthquakes through a natural catastrophe protection program named “Successor”, a follow-up vehicle to its “PIONEER” and “Arbor” programs. Successor becomes the …
