Citing the significant sacrifices made by the men and women serving their country in the National Guard, the Charlotte Regional Office of the Hartford Financial Services Group presented a $10,000 grant to the Chaplain’s Fund of North Carolina National Guard. …
The Chubb Group of Insurance Cos. has appointed Allison Meta manager of its Indianapolis branch office. Meta, an assistant vice president of Chubb & Son, joined Chubb in 1994 as a senior underwriter for Chubb Custom Market and excess umbrella. …
Cincinnati, Ohio-based Midland Co. announced that it estimates its losses from Hurricane Isabel will likely be in the range of $10 million to $15 million (pre-tax), which after the benefit of reinsurance, would impact earnings per share by 15 to …
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-” …
Nuts & Bolts: AIG Private Client Group, a division of the property and casualty subsidiaries of American International Group Inc. (AIG), has introduced Excess Flood Coverage to support insureds in the event of catastrophic loss caused by flood. Aimed at …
U.S. insurers are likely to pay out close to $1 billion to help people whose homes, businesses and personal possessions were damaged by Hurricane Isabel, according to the Insurance Information Institute (I.I.I.) The storm, which swept across North Carolina and …
Hurricane Isabel probably will not have a material impact on primary property/casualty insurance or reinsurance company ratings, based an analysis of insurers’ preliminary loss projections, Standard & Poor’s Ratings Services said. “Insurers are assuming that the hurricane will probably be …
In advance of the onslaught of Hurricane Isabel, some consumers along the U.S. East Coast were temporarily out of luck if they were shopping for insurance. According to Reuters, several large insurers, including State Farm, Allstate Corp. and Nationwide Financial …
Insurance Journal brings you special video coverage of the NAPSLO Annual Convention that took place Sept. 10-14 in San Diego. Insurance Journal spoke with a number of key leaders in the excess & surplus lines industry. Click here to view …
Risk Management Solutions (RMS) projected that Hurricane Isabel could cause insured losses in the $500 million range if the storm continues on its current track toward Cape Lookout in North Carolina. If the storm makes landfall further north, with a …
