The Minnesota Supreme Court ruled in favor of 3M on Thursday in litigation with its insurers over insurance coverage for breast implant claims. The court’s ruling reportedly confirms insurance coverage owed to 3M by 29 insurers remaining in the case …
Florida-based Verbatim Claim Services, Inc. (VCS) announced the addition of Kevin Mikalsen to the management team as vice president of sales and marketing, responsible for branding, marketing activities and sales management. The addition of Mikalsen brings over 10 years of …
A newly issued sigma study from Swiss Re “Insurance company ratings”, examines rating assessments, as determined by the four major agencies, A.M. Best, Fitch Ratings, Moody’s Investors Service, and Standard & Poor’s (S&P), and considers their influence on the industry. …
Hospitals face a growing threat from a new variant of Creutzfeldt-Jakob disease (vCJD), the human version of “mad cow disease,” the killer infection that decimated British cattle herds in the 90’s. Swiss Re has issued a focus report entitled: “Prion …
According to the latest report from the Highway Loss Data Institute (HLDI), an affiliate of the Insurance Institute for Highway Safety, the Cadillac Escalade SUV has the most frequent theft claims among 2000-02 model passenger vehicles. Its theft claim frequency …
“Underwriting – The First Line of Defense” is the theme for this year’s Underwriting Conference, sponsored by the Alliance of American Insurers and the American Association of Insurance Services (AAIS). The conference will be held Sept. 14-16 at the Loews …
Marine Insurance Seminars Inc. will hold the Houston Marine Insurance Seminar Sept. 21 – 23 at Houston’s Westin Galleria. Included in the line up of speakers are: James T. Hackett, chairman, president and COO – Devon Energy Corporation; Graham Clarke, …
New York’s Superintendent of Insurance Gregory Serio announced that Department specialists from the Consumer Services Bureau will be staffing an information booth, located in the Verizon Center of the Progress Building, at the New York State Fair in Syracuse, N.Y., …
Canada-based Co-operators General Insurance Company announced its financial results for the quarter ended June 30, noting consolidated after-tax net income of $25.3 million, compared to the $7 million earned during the same period in 2002. Gross written premium in the …
Building a new home better able to withstand Florida’s most destructive natural perils will now earn a discount from one of Florida’s insurers. First Floridian Auto and Home Insurance on Wednesday began offering a homeowners insurance discount of up to …