More than a year after Sept. 11, the U.S., the European Union (EU) and many other countries are still working on ways to provide adequate insurance coverage for their air carriers. While several plans have been suggested, none are actually …
Insurance Journal senior writer Dave Thomas recently interviewed Michelle Duffett, president of the Professional Liability Underwriting Society (PLUS) and owner of Illinois-based Insight Insurance Services. Duffett is the first female president of PLUS. PLUS will hold its 2002 conference in …
More than a year after Sept. 11, the U.S., the European Union (EU) and many other countries are still working on ways to provide adequate insurance coverage for their air carriers. While several plans have been suggested, none are actually …
The Michigan Office of Financial and Insurance Services (OFIS) announced that it is investigating a number of consumer complaints into potential violations of Michigan’s homeowners insurance law. The bulletin said it “has given Church Mutual Insurance Company, GE Property & …
Swiss Re announced that it has issued a new “Focus” report at the Baden-Baden reinsurance meetings urging the world’s reinsurers to “get-back-to-basics” in their approach to natural catastrophe underwriting as they begin the 2003 renewal season. The report, “Cat reinsurance …
Bermuda’s XL Capital Ltd. announced that it has completed the integration of the Singapore branches of its subsidiaries XL Re Ltd. and Le Mans Re into a single branch to be headed by Scott Ryrie, General Manager – Asia Pacific, …
Bermuda-based IPC Holdings, Ltd. joined the growing number of reinsurers celebrating a good third quarter, as the company announced that its net operating income, which excludes net realized gains and losses, was $46.6 million or $0.97 per share, for the …
Meiji Life Ins. Co, Japan’s third largest life insurer, and Yasuda Mutual Life Ins. Co, the sixth largest, announced that they will advance the April 2004 date for their planned merger to January 2004. According to a report from Japan’s …
The Joint Hull Committee (JHC), a cooperative organization between the London-based International Underwriting Association (IUA) and Lloyd’s Underwriters’ Association, announced that recent hull losses would increase pressure for rate increases. The JHC estimates that the total cost of recent marine …
Insurance Journal publisher Mark Wells recently spoke with Michael J. Hall, chairman of M.J. Hall & Company Inc. and president of Golden Bear Insurance Company, both headquartered out of Stockton, Calif. Hall shared his thoughts on the current state of …
