Monthly Archives: <span>January 2003</span>

In a yearly review, Munich Re calculates the overall economic losses from natural and man-made catastrophes in 2002 at a staggering $55 billion, compared to $35 billion last year. However, the world’s biggest reinsurer estimated that insured losses would be …

Cobalt Corporation has acquired Claim Management Services, Inc. (CMS), a third party administrator for self-funded employee benefit plans, based in Green Bay, Wis. from West Bend Mutual Insurance Company. CMS administers benefit plans for approximately 220,000 members throughout the U.S., …