September 5, 2007
Re Finance: The ABCs of Financial Reporting and Analysis for Property/Casualty Insurers and Reinsurers Washington, D.C. – If memories of Enron, Arthur Andersen and WorldCom keep you up at night, register your Audit Committee members for the Reinsurance Association of …
September 4, 2007
Illinois residents who want to know about the safety of local bridges can’t get the information easily. Deciphering what they do get is even harder. The Illinois Department of Transportation won’t release inspection reports that provide detailed information about bridge …
September 4, 2007
A.M. Best Co. has downgraded the financial strength rating (FSR) to “A” (Excellent) from “A+” (Superior) and the issuer credit rating to “a” from “aa-“of American Live Stock Insurance Company (ALS) of Geneva, Ill. Best also removed the ratings from …
September 3, 2007
Cary Schneider, senior vice president of the Insurance Information Institute, was elected executive vice president by the organization’s board of directors. Schneider assumes responsibilities for directing the internal operations of the I.I.I. while continuing to manage Internet activities, provide support …
September 3, 2007
Technology E&O Nuts & Bolts: International Excess Agency Inc. is offering technology errors and omission coverage that combines tech E&O with network security, media and advertising and miscellaneous professional liability coverages. Coverage includes: E&O cover for both technology products and …
September 3, 2007
With $7.3 billion in premium, Liberty Mutual Agency Markets becomes the largest regional independent agency force Boston-based insurance giant Liberty Mutual Group is now the largest regional provider of property and casualty insurance distributed through independent agents in the country. …
September 3, 2007
Environmental Casualty Coverage Nuts & Bolts: USAssure Insurance Services provides enhancements such as general liability, automobile, workers’ compensation, owners and contractors protective liability, as well as umbrella/excess coverage. Our target market includes, but is not limited to: environmental contractors, consultants …
September 3, 2007
Richard E. Meuret has been appointed vice president and manager, Field Operations Analysis, for Liberty Mutual Agency Markets regional company operations. Meuret will be based in the insurer’s Boston home office and will work with the eight regional agency companies …
September 3, 2007
Citi, BISYS Citi completed its previously announced acquisition of The BISYS Group Inc. for approximately $1.44 billion in an all-cash transaction. In the transaction BISYS shareholders will receive merger consideration of $11.85 per share, and a special dividend of $0.15 …
September 3, 2007
Cary Schneider, senior vice president of the Insurance Information Institute, was elected executive vice president by the organization’s board of directors. Schneider assumes responsibilities for directing the internal operations of the I.I.I. while continuing to manage Internet activities, provide support …