ACE INA UK Limited, a London-based operation of the ACE Group of Companies, is now eligible to offer insurance on an Excess & Surplus lines (E&S) basis in more than 30 U.S. states, including New York and Texas. ACE INA …
The Listing Committee of the Bermuda Stock Exchange announced the approval of the listing of up to 12,246,680 Common Shares of White Mountains Insurance Group, Ltd. White Mountains was originally formed as a Delaware corporation in 1980. In October 1999, …
Insurance Services Office, Inc. (ISO) has expanded its claims database — ISO ClaimSearch — to provide access to countrywide Motor Vehicle Reports (MVRs) for enhanced claims analyses and investigations capability. ISO ClaimSearch will provide insurers access to countrywide MVRs through …
In response to congressional pressure to more effectively regulate insurance at the state level or face federalization, the National Association of Insurance Commissioners (NAIC) unanimously passed its revised statement of intent, which calls for states to enact a broad range …
In response to congressional pressure to more effectively regulate insurance at the state level or face federalization, the National Association of Insurance Commissioners (NAIC) unanimously passed its revised statement of intent, which calls for states to enact a broad range …
A.M. Best Co. assigned a financial strength rating of “A” (excellent) to Oklahoma-based Landmark American Insurance Co. The rating outlook is stable. This rating action follows the close of the Sept. 2 transaction in which Delaware-based Alleghany Corp. acquired Landmark …
Insurers are expected to pay $1.17 billion to homeowners and businesses for insured property losses from Hurricane Isabel that struck eight mid-Atlantic and northeastern states on Sept. 18-19, according to preliminary estimates by the Property Claim Services (PCS) unit of …
Pennsylvania’s Harleysville Mutual Insurance Company and Harleysville Group Inc. announced that Walter R. Bateman, CPCU, chairman of the board and chief executive officer of both companies and president of Harleysville Mutual, has informed their respective boards of directors of his …
Trenwick Group Ltd. announced that its subsidiary Trenwick Holdings Limited has entered into a definitive agreement with Bestpark Limited, an affiliate of Litigation Control Group Limited (LCL), for the sale of all of the capital stock of Trenwick International Limited, …
Bermuda-based Trenwick Group Ltd. announced that it has filed for protection under chapter 11 of the United States Bankruptcy Code with the United States Bankruptcy Court of Delaware. The filing also includes its affiliates LaSalle Re Holdings Limited and Trenwick …
