The Zurich Financial Services Group announced that its subsidiary, Zürich Beteiligungs-AG (Deutschland), has agreed to acquire 100 percent of the private accident insurer Baden-Badener Versicherung AG. Zurich said the purchase of the privately owned Company would be retroactive as of …
Transatlantic Reinsurance Company (TRC), a subsidiary of Transatlantic Holdings, announced the opening of a representative office in Munich, Germany, headed by Rüdiger Skaletz. He has extensive experience with almost two decades of serving insurance and reinsurance clients in Germany and …
The International Chamber of Commerce (ICC), which represents thousands of businesses in more than 130 countries, issued a bulletin stating that it “deeply regrets the failure announced last night of the key ministerial meeting in Geneva intended to arrive at …
The Bermuda-based Everest Re Group announced that it has appointed John P. Doucette to the position of Executive Vice President, effective September, 2008. He joins Everest Re from Max Bermuda where he held the position of President and Chief Underwriting …
France’s agriculture minister said Wednesday that “big emerging countries” were to blame for the collapse of World Trade Organization talks on opening up the global economy. The president of a leading French farmers’ union, meanwhile, hailed the outcome of the …
Clovis, CA, July 31, 2008 – Topa Insurance Company, headquartered in Los Angeles, CA is an admitted property and casualty specialty insurer writing personal lines, commercial lines and programs. Topa has partnered with Sierra Specialty Insurance Services, Inc. an experienced …
Flood insurance policyholders rebuilding in the wake of the June severe storms and flooding in he Midwest may be eligible for up to $30,000 to help cover the cost of bringing their property into compliance with local floodplain ordinances. Policies …
Heavy airtankers dropped fire retardant along a ridge near the Red Lodge Mountain Ski Resort in Montana to protect the resort from an advancing wildfire. Resort employees stood by, ready to operate the resort’s snowmaking equipment to send cascades of …
The Idaho Department of Insurance has issued a bulletin reminding insurers, agents and brokers that underinsured motorist bodily injury coverage, as well as uninsured motorist coverage is required to be included with motor vehicle liability policies sold or renewed on …
Only 12 percent of California homeowners currently own earthquake insurance policies, potentially leaving millions of Californians financially unprotected in the event of a catastrophic quake. Of the 12 percent of California’s homeowners that do have earthquake coverage, the California Earthquake …
