GAB Robins recently named Patricia Dern as assistant vice president and general manager for the New York Cluster and Gail Oliver as assistant vice president and general manager for the Mid-Atlantic Cluster of its Claims Services division. The Claims Services …
The Midland Company, an Ohio-based provider of specialty insurance products and services, today reported projected losses from Hurricane Frances. “Based on the information received to date, we expect to incur pre-tax losses, net of reinsurance, from Hurricane Frances of $3.0 …
Florida CFO Tom Gallagher released a statement this week as the Sunshine State took a hit from Hurricane Frances, meantime keeping a watchful eye out for Hurricane Ivan, which was possibly headed for the Florida Keys by Monday. “There is …
Three-fourths of uninsured Texans have full-time jobs but cannot afford health insurance, according to a report released recently by the Texas Association of Business. The study also shows that more than half of Texans without health coverage live in households …
New York Attorney General Eliot Spitzer announced that a Nanuet psychiatrist has been charged with defrauding government insurers of more than $1 million by billing for services never rendered. Dr. Justin Psaila, who maintains a private practice at his residence, …
A Hopkinton, Massachusetts man has pleaded guilty to misrepresenting to a contractor that he had workers’ compensation coverage for his employees and then filing a bogus claim with his homeowners’ insurance company when one of his employees was hurt on …
Standard & Poor’s Ratings Services announced that it has affirmed its “A” counterparty credit and financial strength ratings on U.S.-based American Re-Insurance Co. and its subsidiaries American Alternative Insurance Corp. and Princeton Excess & Surplus Lines Insurance Co. (collectively referred …
It may come as small comfort to Florida’s storm-battered residents, but Thomas Larsen, senior vice president of EQECAT Inc., the Oakland Calif.-based catastrophe modeling specialist, announced that a Florida landfall by Hurricane Ivan, coupled with Hurricanes Charley and Frances, would …
As Hurricane Ivan continues on its deadly path through the Caribbean, people in Jamaica and the Cayman Islands are bracing for its arrival. Jamaica is directly in the path of the powerful storm, which is packing sustained winds of 145 …
Dublin-based Research and Markets (http://www.researchandmarkets.com) has picked an opportune moment to release a new offering – “Climate Risk and the Weather Market: Financial Risk Management.” “This report provides a highly accessible and complete coverage of weather risk management as seen …