Michelle Duffett, co-owner of Insight Insurance Services Inc. of Geneva, Ill., will become the first female president of the Professional Liability Underwriting Society (PLUS) at the organization’s 14th Annual PLUS International Conference in Chicago Nov. 14-16. The outgoing president is …
The Professional Liability Underwrit-ing Society (PLUS) will hold its 14th Annual PLUS International Conference in Chicago Nov. 14-16. Entitled The Challenge: Achieving Success, the 2001 Conference will focus on the changes the professional liability industry is currently experiencing and on …
Although another terrorist attack is a concept too awful to imagine, as an industry, our job is to protect against the unthinkable. That’s why insurers and reinsurers alike are lining up to support the creation of a federally backed insurance …
In the wake of the terrorist attacks on the U.S. the world’s insurers are reassessing government’s potential role as the reinsurer of last resort, and as an essential partner in handling war and terrorist risks. National governments have already stepped …
The conversion of illegal funds into legitimate accounts and investments, commonly known as “money laundering,” is a growth business. According to the International MonetaryFund, money laundering could account for 2 percent of global Gross Domestic Product. Based on 1996 figures, …
I think more and more folks are getting comfortable at least to the point of neutrality now.” That is one insurance industry spokesman’s take on AB 1193, a bill that would prohibit insurance companies from terminating or failing to renew …
AB 1193, a California bill which would prohibit insurance companies from canceling or failing to renew policies of religious organizations, educational institutions or nonprofit agencies simply due to losses from hate crimes, gained approval from legislators on Monday. The bill …
Managing Agency Partners (MAP) Underwriting, one of Lloyd’s newest syndicates, has come up with an innovative and timely policy aimed at protecting investors from losses caused by wars and political violence in troubled areas like the Middle East. The risks …
MAP Underwriting, one of the newest syndicates at Lloyd’s, has come up with an innovative and timely policy, aimed at protecting investors from losses caused by war and political violence in troubled areas like the Middle East. “In fact the …
Leonard Davis, founder of Colonial Penn, died while on a cruise in South America Monday. He was 76. Davis and his wife, Sophie, founded Philadelphia-based Colonial Penn in 1963, which became one of the country’s largest insurance underwriters before being …
