September 26, 2003
Overland Park, Kan.-based GE’s Employers Reinsurance Corporation (ERC) announced several new appointments. David Bassi is the new global risk and underwriting leader for ERC’s P/C reinsurance unit; Cora Stahrenberg is the new human resources leader for the company’s P/C reinsurance …
September 24, 2003
The Chubb Group of Insurance Companies is offering Masterpiece® Family ProtectionSM to its homeowners policyholders in California, Kansas, Michigan, Ohio, Oklahoma and Tennessee as it continues a nationwide product roll-out. Family Protection coverage can help defray a broad range of …
September 23, 2003
Boston-based OneBeacon Insurance Group LLC, a wholly owned subsidiary of White Mountains Insurance Group, Ltd. announced that it has received the endorsement of the Retailers Association of Massachusetts (RAM) and its dedicated insurance agency, Association Benefits Insurance Agency, Inc. (ABI). …
September 23, 2003
Timothy G. Staaf, a resident of Danvers, Mass., recently joined Fort Lauderdale, Fla.-based Consolidated Billing Co. (CBC) as the regional sales manager responsible for business development, sales and marketing in the Eastern sector of the United States. A national third-party …
September 22, 2003
Nuts & Bolts: The Princeton Agency/United Underwriting Agency is offering a market for monoline workers’ compensation. Dollars: EL up to 1M/1M/1M. No minimum premium up to $50,000. Carrier: Rochdale Insurance Company, Technology Insurance Company, The Hartford, The Guard. Rated “A-” …
September 9, 2003
Victor O. Schinnerer and Company has launched EdChoice, an insurance program for small to mid-size colleges and universities. The EdChoice policy, Trustees, Officers, Management and Employment Liability, offers employment practices, E&O and management liability on one form. The policy covers …
September 8, 2003
Rising costs of medical care, vehicle repair, jury awards, automobile theft and fraud are expected to drive up auto insurance rates by six percent in 2004, according to an analysis by the Insurance Information Institute (I.I.I.). The projected increase represents …
September 8, 2003
The National Association of Independent Insurers, commenting on the decison by the Massachusetts Division of Insurance to compel insurers writing business in the state to cut rates for workers’ compensation policies by an average of 4 percent (see IJ Website …
September 2, 2003
The Workers’ Compensation Rating and Inspection Bureau (WCRIB) of Massachusetts is reportedly not in agreement with the decision by the State’s Insurance Commissioner, Julianne Bowler, to decrease the average rates for Mass. workers’ compensation insurance, effective Sept. 1. “We regret …
August 29, 2003
Chicago-based CNA announced a new approach to providing non-medical group insurance benefits to businesses of any size. The “Flexible Protection Plan(SM) enables Massachusetts employers to provide benefit funds in the event of total disability, terminal illness or death – three …