February 24, 2003
Insurance companies with systems in place to meet state and Federal Privacy standards may need to do some “tweaking” to assure continued regulatory compliance, according to the National Association of Independent Insurers (NAII). Although passage of the Gramm-Leach-Bliley Act (GLBA) …
February 24, 2003
They’re baaack. High-flying medical malpractice liability claims losses, that is. The availability crisis of the 1970s and the affordability crisis of the 1980s may be nothing compared to the crisis insurers and doctors face this time around. Almost 8 percent …
February 20, 2003
ACE USA has announced a new organizational structure in which nine newly-named regional executives will oversee ACE’s regional operations. As the senior executive in each geographic region, and working closely with the ACE divisional presidents, the regional executives will oversee …
February 11, 2003
Gray Davis, a 16-year veteran of the insurance industry, has been named western regional manager for Discover Re, the alternative risk transfer operation of The St. Paul Companies. Based in San Francisco, Davis will lead a Discover Re staff responsible …
February 11, 2003
Insurance companies with systems in place to meet state and Federal Privacy standards may need to do some “tweaking” down the road to assure continued regulatory compliance, according to the National Association of Independent Insurers (NAII). Although passage of the …
February 10, 2003
The Montana legislature will consider several insurance-related bills this session, covering topics including use of credit, prompt claims payment, stacking of motor vehicle liability coverages, consumer privacy, producer licensing, workers’ compensation benefits and access to court records. “With more than …
February 10, 2003
The commercial lines auto market used to be a steady line of business, stirred up occasionally by a Department of Transportation regulatory change or fallout from personal auto regulatory issues. Like other lines, it was sensitive to litigation expenses, although …
February 6, 2003
Laurence Hubbard has been appointed by Montana State Fund’s (MSF) Board of Directors to serve as the interim CEO. Hubbard has been with Montana State Fund since 1989. Currently he serves as the vice president of insurance operations. The Board …
January 27, 2003
Due to the restricted coverages available in the market today, risk retention groups (RRGs) have experienced a significant amount of rapid growth over the past year. At a time when the industry is facing what is perhaps the most serious …
January 27, 2003
Due to the restricted coverages available in the market today, risk retention groups (RRGs) have experienced a significant amount of rapid growth over the past year. At a time when the industry is facing what is perhaps the most serious …