Latest Zurich Headlines
All the headlines from our Zurich Topic Page, ordered by recency.
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....
Zurich North America Introduces E&O Policy for In-House Lawyers
Mar 18 2010 // Zurich North America has introduced Employed Lawyers Select, a new errors and omissions (E&O) policy that gives in-house counsel coverage against negligence claims. “Without negligence coverage, in-house...
Zurich North America Commercial Names Rasor to Lead Construction Unit
Mar 11 2010 // Property and casualty insurance provider Zurich named Scott Rasor as head of Zurich North America Commercial’s Construction group. Rasor previously served as senior vice president for Construction, specializing in...
People
Mar 8 2010 // Steve Peeters, who most recently was president and chief operating officer of Jacksonville, Fla.-based Zurich Insurance Services, joined The Main Street America Group as vice president, commercial lines product. Peeters...
People
Mar 7 2010 // Thomas J. Schaffler has been named president of Lockton Cos. employee benefits practice in Chicago. He joined Lockton more than 10 years ago as executive vice president and producer and serves on the Chicago executive...
People
Mar 7 2010 // The Main Street America Group announced that Steve Peeters, who most recently was president and chief operating officer of Jacksonville, Fla.-based Zurich Insurance Services, has joined The Main Street America Group as...
Peeters Joins Main Street America as VP Commercial Lines
Feb 23 2010 // The Main Street America Group announced that Steve Peeters, who most recently was president and chief operating officer of Jacksonville, Fla.-based Zurich Insurance Services, has joined The Main Street America Group as...
Zurich Insurance Launches in Bahrain
Jan 27 2010 // Zurich Insurance Company, a division of Zurich Financial Services, announced that it has officially launched its general insurance branch in Bahrain, following the issuance of its Overseas Insurance Firm (Branch) License...
Zurich North America Offers New Collateral Offerings
Sep 4 2009 // Zurich in North America is now offering its customers in the construction business a new collateral approach to help ease the strain of credit in the current market. Zurich says the new collateral alternatives also expands...
Zurich North America Names Cooper SVP, National Sales
Aug 27 2009 // Zurich in North America named Marcus Cooper as senior vice president for national sales and strategic relationships, effective immediately. Cooper replaces Mike Vaught, who is retiring. Cooper will continue serving as...
Texas Court Says Spouse Can Pursue Workers’ Comp Bad Faith Claim
Feb 6 2009 // The spouse of a workers’ compensation claimant may continue her bad faith complaint against Zurich American Insurance company over the insurers’ refusal to pay compensation benefits, a district court in Travis...
Zurich Insurance Says It’s Actively Looking for Acquisitions
Dec 23 2008 // Swiss insurer Zurich Financial Services Group, a serial acquirer in recent years, is not letting tighter credit markets hamper its pursuit of acquisitions, a company executive said on Monday. “Zurich is definitely in...
Zurich North America Cuts 400 Jobs
Apr 11 2008 // Zurich North America Commercial (NAC) said it will reduce approximately 400 positions or four percent of the staff that support its business division, primarily in non-market-facing roles. Mike Foley, CEO of NAC, said the...
Zurich NA Commercial Names Cooper to Lead South Central Region
Oct 18 2007 // Zurich North America named Marcus Cooper regional executive for its South Central Region, which includes Arkansas, Louisiana, Oklahoma and Texas. Cooper will be based in Zurich North America Commercial’s Dallas,...
People and Places
Jul 2 2007 // Donald Gaddis Co. Inc. announced that Jay Dillon will lead the newly opened Franklin, Mich., office. Dillon has over 35 years of extensive commercial insurance experience, according to the Gaddis statement. For the past 15...
People
Jul 2 2007 // Donald Gaddis Co. Inc. announced that Jay Dillon will lead the newly opened Franklin, Mich., office. Dillon has over 35 years of extensive commercial insurance experience, according to the Gaddis statement. For the past 15...
Jay Dillon
Jul 2 2007 // People Donald Gaddis Co. Inc. announced that Jay Dillon will lead the newly opened Franklin, Mich., office. Dillon has over 35 years of extensive commercial insurance experience, according to the Gaddis statement. For the...
Zurich Divests Interest in Thai Insurance Sub
Dec 28 2004 // Zurich Financial Services Group announced that it has divested its interest in Thai Zurich Insurance Company to Sri Brothers Co., Ltd. and to Pailuck Co., Ltd. “This step is in line with Zurich’s strategy to...
Zurich NA Latest Insurer to Suspend Employees as Fallout from Marsh Probe Continues
Nov 12 2004 // Zurich Financial Services (Zurich) said today it has suspended “several employees” following a review of its business practices and relationship with brokerage giant Marsh. The company said it has been...
Myron Steves Adds Zurich NA Small Business
Oct 13 2004 // Houston-based Myron F. Steves & Company announced an expansion of its Commercial Standard Lines department. Zurich North America Small Business has been added as a part of the group of companies currently...
