May 5, 2003
A brief filed Friday supporting class certification in sexual harassment and discrimination lawsuit against an Aon subsidiary, Combined Insurance Co. of America, included excerpts from 128 declarations signed by former and current women employees who detailed the pervasive discriminatory and …
May 5, 2003
Bermuda-based Allied World Assurance Holdings, Ltd reported net income of $55.8 million for the first quarter, compared to $17.8 million for the first quarter last year. Allied World Assurance Holdings, Ltd was incorporated in Bermuda on Nov. 13, 2001. The …
May 5, 2003
The Coalition for Auto Insurance Competition is urging the Assembly Banking and Insurance Committee to favorably release the “New Jersey Automobile Insurance Choice and Competition Act,” scheduled for consideration Monday, May 5. The New Jersey Automobile Insurance Choice and Competition …
May 5, 2003
Standard & Poor’s has lowered its counterparty credit and financial strength ratings on Boston-based Liberty Mutual Insurance Co. (Liberty Mutual) and related entities to ‘A’ from ‘A+’ and removed them from CreditWatch, where they were placed on April 4. In …
May 5, 2003
Three victims of the escalating crisis in health care access nationwide will join Nevada seniors, health care professionals and business leaders at a rally and news conference in Las Vegas Tuesday, May 6 to urge U.S. Senator Harry Reid (D-NV) …
May 5, 2003
Colorado’s major automobile insurers are reportedly urging lawmakers to reject a last ditch no-fault auto insurance reform plan that would offer no cost saving for policyholders. Members of the National Association of Independent Insurers (NAII), which consists of the state’s …
May 5, 2003
The Insurance and Technology Conference, sponsored by Insurance Services Office, Inc. (ISO), will be held Nov. 2-4 at the Disneyland Hotel in Anaheim. Dr. James Canton, futurist and author, will be the keynote speaker, discussing: RealTime: Creating Competitive Advantage in …
May 5, 2003
Teradata, a division of NCR Corporation, announced a data mart consolidation program designed to help insurance companies save millions by tackling a common problem hidden within their information technology (IT) infrastructures – too many data warehouses, not enough information. By …
May 2, 2003
Pennsylvania-based Penn-America Group, Inc. appointed Richard Slomiany vice president of claims for the company’s insurance subsidiaries. Slomiany joins Penn-America following a 23-year career with Harleysville Insurance Company where he began as a claims adjuster and rose to assistant vice president …
May 2, 2003
Texas Insurance Commissioner Jose Montemayor has issued an emergency cease-and-desist order against an alleged unauthorized insurance scheme that may have cost apartment owners and condominium associations millions of dollars in premiums for bogus property and liability coverage. Victims were concentrated …