February 12, 2008
An outside auditor will examine whether the board of directors of North Dakota’s workers compensation agency is following its own rules, a state audit manager says. The review also will examine the Workforce Safety and Insurance agency’s handling of independent …
February 12, 2008
On Monday, members of the Kentucky Office of Insurance Emergency Response Team began visiting areas hardest hit by the recent severe weather. KOI representatives will be available in storm-damaged communities in and around Spencer, Meade, Hardin, Mercer, Allen, Monroe and …
February 12, 2008
It took a new state law but the Chubb Group of Insurance Companies has begun to offer coverage for home invasions, child abductions, car jackings and stalking threats as part of its homeowners policies sold in New York State. The …
February 12, 2008
Quarterly profits at Marsh & McLennan dropped 62 percent, as fourth quarter and annual revenues rose 8 percent. The giant insurance brokerage reported that fourth quarter net income dropped to $85 million, or 16 cents per share, from $226 million, …
February 12, 2008
The Progressive Corp. announced that Brian J. Passell, who has served as the Claims Group president for Progressive since 1999, “was separated from the company” effective Feb. 10, 2008. Glenn Renwick, president and chief executive officer, said an internal search …
February 12, 2008
A Tennessee National Guard truck on the way to help tornado recovery efforts in Macon County turned over on the side of Interstate 40. Randy Harris, a guard spokesman, said the five-ton truck was among other engineering units headed to …
February 12, 2008
A ride at Disney’s Animal Kingdom in Lake Buena Vista, Fla., has closed after a small fire broke out Sunday, sending one woman to the hospital with minor injuries. Disney spokeswoman Andrea Finger says a truck engine at the Kilimanjaro …
February 12, 2008
“No sex please, we’re British,” may no longer be an apt comment on the sexual proclivities of UK residents. The country’s National Health Service, has just published a very frank guide, urging Brits to improve their sex lives as a …
February 12, 2008
Minneapolis-based Collins is expanding its services as a reinsurance intermediary to Europe. President and CEO Pat Denzer announced that the Company had engaged Michel Fernandez, a native Parisian, who has worked for 15 years as a reinsurance broker serving European …
February 12, 2008
According to findings from a recently released survey conducted by Accenture, “more than three-quarters of large European insurers expect to spend less than €25 million [$36.27 million] through 2012 on Solvency II compliance.” Over half of those surveyed indicated that …