November 29, 2007
Attorneys want a federal court to determine whether members of a university baseball team involved in a deadly bus crash earlier this year are entitled to insurance money. A lawsuit filed on behalf of Bluffton University’s players and coaches seeks …
November 29, 2007
Toledo, Ohio-based the Hylant Group, the nation’s sixth largest privately held commercial insurance brokerage, has named John W. Chaney as president of the Cleveland office and regional vice president. Chaney will be responsible for the overall management, direction and performance …
November 29, 2007
A report from Standard & Poor’s Ratings Services concludes that Japan’s top nine non-life insurers recorded ¥173 billion ($1.575 billion) in interim net profits for the first half of fiscal 2007 (ended Sept. 30, 2007), representing a year-on-year increase of …
November 29, 2007
Zurich Financial Services announced changes in the claims division of its global corporate and European General insurance units. Jutta Kath, 47, who is currently Chief Claims Officer for Global Corporate, has been appointed to the position of Chief Claims Officer …
November 29, 2007
Two fair-housing groups have sued an Iowa insurance company that pays policyholders’ church tithes if an injury at home leads to lost income. The insurance company also doubles medical limits if someone is hurt while involved in a church-related activity …
November 29, 2007
Lockton Companies, LLC, ranked the largest privately held insurance broker, has expanded its New York brokerage team with the addition of Kenneth McKenna as senior vice president of the Employee Benefits Practice. Susan Johnson joins the staff as vice president …
November 29, 2007
Despite alarming predictions, the U.S. came through a second straight hurricane season virtually unscathed, raising fears among emergency planners that they will be fighting public apathy and overconfidence when they warn people to prepare for next year. Friday marks the …
November 29, 2007
NYMAGIC, Inc. said it is terminating its program management agreement with Southern Marine & Aviation (SM&A) on Jan. 1, 2008. Under the program management agreement, which commenced in August, 2003, SM&A wrote ocean cargo business on behalf of NYMAGIC’s subsidiary, …
November 29, 2007
Eighteen of the state’s 19 Massachusetts auto insurers amended rate filings for policies with April 2008 effective dates at the state’s Division of Insurance. The latest filings lowered rates from the origianl filings made on Nov. 19. The average reduction …
November 29, 2007
The Insurance Information Network of California has confirmed that at least 22,700 claims filed from October’s Southern California fire and wind storms. The tally includes at least 2,000 insurance claims for damage stemming from the wind storms that fueled wildfires …