ACE USA, the U.S.-based retail operations of The ACE Group of Companies, announced the appointment of Gary Ratzker as Vice President, strategic planning & business implementation for ACE Risk Management (ARM). Ratzker, who will assume overall responsibility for product development …
A newly published Swiss Re sigma study found that “the direct insurance industry is on the road to recovery with further progress expected this year.” Worldwide premiums for life and non-life insurance grew by an inflation-adjusted 2 percent to $2.941 …
The Independent Insurance Agents of Texas reported that it is building an IIAT internship program to encourage minority college students in Texas to learn about careers in the insurance industry. The program will be part of a joint effort with …
The National Association of Insurance Commissioners (NAIC) announced that it has adopted a formal resolution urging Congress to adopt a two-year extension of the Terrorism Risk Insurance Act (TRIA). The resolution, adopted by state insurance regulators at their Summer National …
Effective litigation, cooperation, greater understanding of labor laws and meaningful communication are reportedly the keys to preventing lawsuits. Underwriters need to find out if HR understands state labor laws, whether they have outside counsel to help them and should seek …
Alabama Gov. Bob Riley announced more than $5.2 million in federal funding for the City of Birmingham as part of the Federal Emergency Management Agency (FEMA) Hazard Mitigation Grant Program. The funding is a result of projects identified following severe …
Citing the $93 million in damage and the increased risk of water supply contamination stemming from the June 3 levee break in the Sacramento-San Joaquin Delta, Sen. Dianne Feinstein (D-Calif.) and Rep. Richard Pombo (R-Tracy) have urged President Bush to …
Washington D.C. – More than $1,500 was recently donated to the National Children’s Medical Hospital during a meeting held in the Nation’s Capitol. “This donation, the result of a fund-raising effort by the National Auto Body Council, will help us …
A Houston construction company’s alleged failure to properly train employees and follow safety standards has resulted in proposed penalties totaling $60,000 from the U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA). OSHA cited Eveready Construction Co., a brick …
Maryland Gov. Robert Ehrlich, Jr., announced the creation of the Governor’s Task Force on Medical Malpractice and Health Care Access and named the Honorable Raymond Thieme chairman. Gov. Ehrlich has directed the task force to conduct a thorough and comprehensive …