General Re Corp. reports that I. John Cholnoky has been promoted to president of General Reinsurance Corp. and manager of Gen Re’s global direct Property and Casualty operations. Cholnoky’s responsibilities will include General Re’s direct treaty, both marketing and underwriting, …
A new report released today says that by decreasing barriers in the emerging market of insurance-linked securities, insurance companies might be able to obtain the capital needed to cover more risks in disaster-prone areas of the country. “Historically, insurance has …
More than 16,000 Class-2 misdemeanor charges in South Dakota were dismissed last year. Virtually all of the dismissals were for tickets issued to motorists who could not immediately prove that they had liability insurance or other financial assurance for liability …
Nevada Gov. Jim Gibbons encouraged citizens throughout the state to prepare for emergencies by building an emergency kit, developing a family response plan and ensuring they maintain access to communications networks during times of emergency. “The ongoing earthquake swarm in …
A bill being considered by the Michigan legislature would let motorists save up to 16 percent on their auto insurance by choosing less medical coverage. Michigan is the only state to require unlimited personal injury protection benefits, which policyholders pay …
Baxter County Heritage Museum in Gassville, Ark., damaged by a tornado while closed for its winter break, will not reopen in the historic building it has occupied for eight years. Officials say a new site will be sought in Mountain …
Jill R. Muratori has joined Albany-based Barrett Associates as its new vice president and counsel, and will serve as a lobbyist for the Independent Insurance Agents and Brokers of New York. It will be familiar ground for Muratori, who most …
On the eve of Hurricane Katrina, massive pumps that keep water out of the New Orleans suburb of Metairie went silent when the roughly 100 workers who run them were allowed to flee under a “doomsday” evacuation plan. With the …
Relatives of those killed in a 2005 BP plant explosion and other industrial accident victims are urging the Legislature to undo a Texas Supreme Court ruling in a high-profile workplace injury case. “If no one is held accountable, then nobody …
Farmers Group Inc. is offering an auto insurance discount to Texas policyholders who have vehicles equipped with electronic stability control (ESC) technology. The 5 percent discount begins May 1. It will apply to the collision coverage portion of an auto …
