A recent article in the Wall Street Journal, “Insurance Risk Update: More Alert, Less at Risk” by Holman W. Jenkins, Jr., has brought a swift rebuttal from the Property Casualty Insurers Association of America. In an open letter to the …
As of 8:00 this morning Hurricane Charley was passing over Western Cuba, and the National Hurricane Center in Miami puts the storm on a track to strike Central Florida by tomorrow morning. Residents (and their insurers) in Charley’s potential path …
Germany’s Hannover Re posted strong first half results with operating profit (EBIT) up 31.6 percent to 375.4 million euros ($460 million), net income up 30.2 percent to 211.5 million euros ($260 million), and net investment income 16.6 percent in comparison …
New York Gov. George Pataki announced that President Bush has approved New York State’s request and declared 13 counties eligible for federal disaster assistance as a result of the widespread damages incurred during the series of storms that began in …
New Jersey Division of Criminal Justice Director Vaughn McKoy announced that the former operators of a Passaic County medical practice have been sentenced in Passaic County Superior Court for submitting more than $34,000 in fraudulent billings to insurance companies seeking …
The Florida Department of Financial Services’ Division of Workers’ Compensation received top honors from an international trade group that assists national, state and local governments in overseeing workers’ compensation regulation. At its annual meeting in New York this week, the …
Nationwide Mutual Insurance Co. reportedly has claim representatives and agents prepared to assist customers following landfall of Tropical Storm Bonnie or Hurricane Charley. “Claims specialists will be positioned in hotels outside of the storm’s path and ready to be deployed,” …
The Indiana State Department of Health has issued its second report on fireworks-related injuries, showing that 215 Hoosiers were reported injured by fireworks this year from July 20, 2003 through July 27, 2004. Here are highlights from the initial report, …
Houston-based HCC Insurance Holdings Inc. announced that Pamela J. Penny, CPA, is joining the company on Aug. 16, 2004, as senior vice president of Finance. Penny has over 27 years of accounting experience including 12 years with KPMG where she …
The fatality rate on the nation’s highways in 2003 was reportedly the lowest since record keeping began 29 years ago, the U.S. Transportation Secretary Norman Mineta announced. The number of crash-related injuries also dropped to a historic low in 2003. …