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Susan Nolan, executive director of the Troy, N.Y.-based National Conference of Insurance Legislators, said a formal request for bids on a study was sparked in part "because of recent attempts by the f
Joseph J. Beneducci has been named chief executive officer of Novato, Cal.-based Fireman's Fund Insurance Company after the promotion of Charles "Chuck" Kavitsky to president of Allianz of America. Bo
Safeco said today it may cut auto insurance rates as the company management visited New York to mark the insurer's move from the NASDAQ to the New York Stock Exchange by ringing the NYSE's opening bel
Safeco said today it may cut auto insurance rates as the company management visited New York to mark the insurer's move from the NASDAQ to the New York Stock Exchange by ringing the NYSE's opening bel
The insurer said it intends to incorporate a subsidiary in the Dubai International Financial Centre (DIFC), an economic development zone created by the government for foreign businesses, and submit an
London-based Willis said Mr. Millwater, who continues as chairman of Willis Re, has been with the firm for 21 years. Willis said he has been instrumental in developing strategies to improve revenue gr
In today's blog entry, NU Editor In Chief Sam Friedman warns insurers not to bet the farm that a federal appeals court will overturn this week's devastating district court ruling that many insurer pol
Was State Farm--its longtime advertising claims to the contrary--not a good neighbor when it came to dealing with Hurricane Katrina claims in Mississippi? In today's blog entry, NU Editor In Chief Sam
Cybersettle, Inc., the developer of the automated, online, double-blind bid system, has won a patent infringement case it filed against National Arbitration Forum (NAF), a Minnesota-based company
The judge in New Orleans found that flood exclusion language in many insurers' policies was ambiguous and failed to account for water damage caused by third-party negligence--namely, poor levee
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