Latest Zurich Headlines
All the headlines from our Zurich Topic Page, ordered by recency.
Zurich American to Refund $4.56M to Disability Policyholders in New York
Apr 23 2013 // New York Gov. Andrew Cuomo announced that Zurich American Insurance Company has agreed to refund $4.56 million to policyholders of its New York statutory disability insurance policies because the insurer failed to spend at...
Zurich, Swiss Re in $270 Million Excess of Loss Deal for No. Am. Quake Coverage
Jan 4 2013 // Zurich Insurance Group and Swiss Re have announced that Zurich has obtained, through its subsidiaries Zurich American Insurance Company and Zurich Insurance Company Ltd, a 3-year $270 million catastrophe excess of loss...
Ratings Recap: Zurich America, Prism, FAIRCO, American Standard
Nov 30 2012 // A.M. Best Co. has affirmed the financial strength rating of ‘A+’ (Superior) and issuer credit ratings (ICR) of “aa-” of Illinois-based Zurich American Insurance Company (Zurich US) and its...
Best Affirms Zurich Insurance and Group ‘A+’ Ratings; Outlook Stable
Nov 28 2012 // A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating of ‘A+’ (Superior) and issuer credit rating (ICR) of “aa-” of Swiss-based Zurich Insurance Company Limited...
Zurich Insurance Group Posts $2.2 Billion 1st Half Net Income
Aug 16 2012 // Zurich Insurance Group posted a $2.2 billion net after tax income available to shareholders. Other selected highlights from the earnings report are as follows: Q2 2012 Q2 2011 Business operating profit...
Zurich Insurance to Add 150 Jobs in Chicago
Jul 24 2012 // Zurich Insurance plans to add 150 jobs to its workforce in Chicago. Zurich is a commercial property-casualty insurance provider that already has 350 employees in the city. Chicago Mayor Rahm Emanuel announced the...
Former Zurich North America Executive Gilway to Head Florida’s Citizens
Jun 14 2012 // Florida’s state-backed homeowners insurer has reached into the private sector for its new president, selecting an experienced insurance executive and consultant. The Citizens Property Insurance Corp. board of...
Zurich’s Name Change to Zurich Insurance Group Now Official
Apr 11 2012 // Zurich Financial Services Group has announced that the name change from Zurich Financial Services Ltd to Zurich Insurance Group Ltd “has become effective upon entry in the commercial register of the canton of...
Zurich Board Proposes Name Change to Zurich Insurance Group
Feb 16 2012 // Zurich Financial Services Group announced that its board of directors will propose a name change on March 29, 2012 that will reflect that it has streamlined its business portfolio to concentrate on insurance over the last...
Best Affirms Zurich American and Subs ‘A+’ Ratings; Outlook Stable
Nov 22 2011 // A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A+’ (Superior) and issuer credit ratings (ICR) of “aa-” of Zurich American Insurance Company (Zurich US), headquartered in...
Best Affirms Zurich Insurance ‘A+’ Ratings; Outlook Stable
Nov 21 2011 // A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating (FSR) of ‘A+’ (Superior) and issuer credit rating (ICR) of “aa-” of Zurich Insurance Company Limited (ZIC),...
Dowdy to Lead Zurich North America Railroad Insurance Practice
Nov 3 2011 // Zurich announced that Jim Dowdy will add responsibility for its North America railroad insurance practice in addition to overseeing Zurich’s specialty lines property business. The company also appointed Ron Mathewson...
Merkel Appointed Regional Chief Underwriting Officer at Zurich North America
Oct 21 2011 // Zurich announced the appointment of Mary Merkel as regional chief underwriting officer for Zurich in North America, effective immediately. Merkel replaces Tim Carter, who left the company to pursue another...
People
Sep 19 2011 // XL Insurance has made six key appointments to its North America Construction team. The latest additions to XL Insurance’s North America construction team include: Lawrence Lejfer — Vice president and senior...
Sony Insurer, Zurich, Files Suit to Deny Data Breach Coverage
Aug 1 2011 // One of Sony Corp’s insurers has asked a court to declare that it does not have to pay to defend the media and electronics conglomerate from mounting legal claims related to a massive data breach earlier this...
Zurich Says Its Policy for Sony Doesn’t Cover Data Breach
Jul 22 2011 // One of Sony Corp.’s insurers has asked a court to declare that it does not have to pay to defend the media and electronics conglomerate from mounting legal claims related to a massive data breach earlier this...
Sony Insurer, Zurich, Files Suit to Deny Data Breach Coverage
Jul 21 2011 // One of Sony Corp’s insurers has asked a court to declare that it does not have to pay to defend the media and electronics conglomerate from mounting legal claims related to a massive data breach earlier this...
Zurich North America Commercial Offers Alternative to Texas Nonsubscribers
Jul 21 2011 // Property and casualty insurance Zurich announced its North America Commercial’s Accident & Health unit is now providing an alternative to Texas workers’ compensation coverage for employers who opt out of...
Zurich North America Names Several Appointments in Surety
Dec 10 2010 // Zurich’s North America made several key appointments to its specialty lines Surety unit. The insurer promoted Michael Bond to head of Surety. In his 12 years with Zurich, Bond has had responsibility for numerous...
Best Upgrades Ratings of Zurich’s U.S. Subsidiaries to ‘A+’
Nov 19 2010 // A.M. Best Co. has upgraded the financial strength rating (FSR) to ‘A+’ (Superior) from ‘A’ (Excellent) and issuer credit ratings (ICR) to “aa-” from “a+” of the U.S....
