Monthly Archives: <span>June 2007</span>

Commission Files Final Report on Holocaust Insurance Claims

The National Association of Insurance Commissioners has released a report on the activities of the International Commission on Holocaust Era Insurance Claims (ICHEIC). Authored by ICHEIC Chairman Lawrence S. Eagleburger and Vice Chairman Diane Koken, former Pennsylvania insurance commissioner, the …

Navigators Pro Adds Cyber Privacy to Lawyers Liability Policy

Navigators Pro has introduced the Cyber Privacy InNAVation, a coverage endorsement for its primary lawyers professional liability policy. Cyber Privacy InNAVation provides enhanced liability coverage protection for law firms that are legally obligated to pay covered losses related to a …

NIP Programs Grows Greener with GrowPro for Nurseries, Garden Centers

NIP Programs, a division of NIP Group, Inc., has expanded its green industry insurance offering with the launch of GrowPro, an insurance program designed specifically for greenhouses, nurseries and independent garden centers across the country. GrowPro is a complement to …

Supreme Court to Hear Sprint Age Bias Case That Could Limit Claims

The Supreme Court has agreed to hear Sprint Nextel Corp.’s appeal of an employment case that could make it harder for workers to prove discrimination allegations. The case centers on whether allegations by workers who are not part of an …

Pa. Lawmaker Seeks to Stop Insurers’ Use of Credit Scores

A Pennsylvania legislator has introduced a bill that would prohibit insurance companies from using credit scores to help determine how much customers pay for car insurance. “It’s a tool the insurance industry can use to hurt you in so many …

Zurich Names Kerner, Talbot to Global Management Posts

Zurich Financial Services Group announced the appointment of Michael Kerner (41) as its new Global Chief Underwriting Officer for General Insurance and Mark Talbot (42) as Global Head of Group Reinsurance. Both men will take over their new posts with …

RI3K Receives 5 ACORD Awards

London-based RI3K, which provides electronic trading services to insurers and reinsurers, received five awards at the recent 2007 ACORD Awards ceremony in Lake Buena Vista, Florida. RI3K won in the following categories: — International Implementation Award — ACORD Innovative Implementation …

Brumm to Leave Flagstone Re Board

Bermuda-based Flagstone Reinsurance Holdings Limited announced that Nicholas Brumm, a Director since the founding of the company in 2005, will not stand for reelection to the Board at the company’s July Annual General Meeting. Chairman Mark Byrne praised Brumm’s efforts …

Allianz Conference Examines Energy Use & Climate Change

The Allianz Center for Technology (AZT), a 75-year old research facility of Germany’s Allianz SE, is holding a conference in Munich. The two-day event – entitled “Energy and Climate – Technical Solutions for Low CO2 Energy Production” – is attended …

Florida Urges Citizens to Take Advantage of Free Home Inspection

More than one month ahead of schedule, Florida Chief Financial Officer Alex Sink announced that the My Safe Florida Home program has “blown” through its waiting list and urged more Florida homeowners to take advantage of the valuable service through …