June 1, 2004
Maine Superintendent of Insurance Alessandro A. Iuppa has announced a new resource to assist property owners who have had difficulty obtaining insurance for specific types of residential property insurance risks. “It can sometimes be very frustrating for a homeowner to …
June 1, 2004
InsureTexas.org, a consumer education Web site initially developed to help Texans during the state’s homeowner insurance crisis, has been expanded include information about auto insurance and personal financial planning. The Web site, managed by the University of North Texas Financial …
June 1, 2004
The Netherlands’ Akzo Nobel announced that its Nobilas Claims & Fleet solutions business has agreed to acquire the UK-based Aon Motor Accident Management company (AMAM), which it described as “the number one automotive service provider in the world.” No financial …
June 1, 2004
Standard & Poor’s Ratings Services announced that it has affirmed its ‘BBB’ counterparty credit and financial strength ratings on Royal & Sun Alliance Insurance (Puerto Rico) Inc. with a stable outlook. “The ratings reflect the company’s strong capitalization and operating …
June 1, 2004
A portion of the newly constructed Terminal 2E at Paris’ Charles de Gaulle airport collapsed on Sunday May 23, killing four people, and sending shock waves throughout France. Over a week later the cause of the collapse and its repercussions …
June 1, 2004
As expected, last week the governing committee of the high risk auto reinsurance facility in Massachusetts approved rules guiding the pool’s changeover to an assigned risk plan. Commonwealth Auto Reinsurers, known as CAR, sent the rule changes to Massachusetts Insurance …