Ten present day descendants of slaves, transported from Africa in the 18th and 19th centuries, have filed a law suit against R.J. Reynolds Tobacco Co., Fleet Boston Financial Corp. (as successor in interest to the Providence Bank of Rhode Island) …
Standard & Poor’s Ratings Services announced that it has assigned a “BBB-” long-term counterparty credit and insurer financial strength ratings to Hannover Reinsurance Africa Ltd. (Hannover Re Africa) with a stable outlook. “Hannover Re Africa is one of the major …
The ACE Group of Companies announced it will provide funding for 20 New York City firefighters to compete in the World Firefighters Games in New Zealand. While in New Zealand, the participating New York City firefighters will also be guests …
Michelle Duffett, co-owner of Insight Insurance Services Inc. of Geneva, Ill., will become the first female president of the Professional Liability Underwriting Society (PLUS) at the organization’s 14th Annual PLUS International Conference in Chicago Nov. 14-16. The outgoing president is …
The Professional Liability Underwrit-ing Society (PLUS) will hold its 14th Annual PLUS International Conference in Chicago Nov. 14-16. Entitled The Challenge: Achieving Success, the 2001 Conference will focus on the changes the professional liability industry is currently experiencing and on …
Philadelphia-based Ace USA is seeking permission from the Washington State Insurance Commissioner to exclude acts of terrorism from the policies it issues to businesses. According to a report in The Seattle Times, the first-of-its-kind filing in Washington was made recently …
Although another terrorist attack is a concept too awful to imagine, as an industry, our job is to protect against the unthinkable. That’s why insurers and reinsurers alike are lining up to support the creation of a federally backed insurance …
The Swiss newspaper Blick published an advertisement offering a Sw.Frs. 500,000 ($303,000) reward for the safe return of a missing 162.5 carat pink diamond, described by experts as “of incredible purity and extremely rare.” The stone apparently disappeared last month …
For many film lovers, the holiday season is synonymous with the release of Hollywood’s latest screen confections. As production companies scramble to satiate the consumer appetite for thrilling visual effects and stunts, insurers who underwrite these risks are presented with …
South Africa’s largest life insurance and pension fund manager, Old Mutual Plc, which despite the name is a stock company, as it demutualized last year, has agreed to purchase U.S. fund manager United Asset Management for an overall price of …
