October 27, 2008
The Geneva Association and the International Insurance Society Inc, have released the awaited 2009 Call for Papers. The collaborative insurance research program, sponsored jointly by the two organizations, is designed to encourage practically oriented applied research in insurance, addressing issues …
September 1, 2008
General Star Management Co. appointed Gregory J. Diorio chief operating officer and Joseph L. Majsak chief marketing officer. Diorio will oversee all underwriting divisions while Majsak will oversee the new marketing services division. P. Cole Palmer will replace Majsak as …
August 20, 2008
Standard & Poor’s Ratings Services has raised its long-term counterparty credit and insurer financial strength ratings on Bermuda-based insurer International General Insurance Co. Ltd. (IGI) to ‘BBB+’ from ‘BBB’ and assigned them a stable outlook. S&P said the upgrade reflects …
July 25, 2008
Florida Chief Financial Officer Alex Sink announced the appointment of James R. Malone as chairman of the Board of Governors for Citizens Property Insurance Corp., effective August 1. State-backed Citizens is the largest property insurer in Florida. Malone, 65, is …
July 7, 2008
Navigating the Field of Conflicting Views Consider the following scenario: An earthquake, tornado, flood or similar natural catastrophe causes significant structural damage to an insured’s home. Although the building is still standing, the structural engineers conclude that the structural integrity …
June 27, 2008
Officials with the Laurel, Mississippi Fire Department are concerned that some recent vandalism to the city’s fire hydrants could pose problems when its time to save property or someone’s life. Fire Chief David E. Chance says the fire department reported …
June 18, 2008
E.L.M. Insurance Brokers Inc. of El Segundo, Calif., hired Doris Jordan as a new broker. Her responsibilities will include calling on retail agents and brokers, developing new and enhancing existing relationships, as well as servicing a growing book of business. …
June 5, 2008
The deadly EF5 tornado that ripped through northeastern Iowa did more than $6 million in damage. That’s according to a preliminary estimate from the Federal Emergency Management Agency and Iowa Homeland Security and Emergency Management. According to the estimate, about …
June 3, 2008
California authorities will try to determine whether the blaze that destroyed some of Hollywood’s most famous backdrops was made worse by low water pressure and an overwhelmed sprinkler system. At one point, the June 1 fire was two city blocks …
May 29, 2008
A tornado that leveled half a town in northeast Iowa and killed seven people was the strongest to hit the state in 32 years, the National Weather Service said on May 27. The twister, three-quarters of a mile wide with …