The new insurance company, ITA? XL Seguros Corporativos S.A., will combine the current Brazilian property, casualty and specialty commercial insurance business of S?o Paulo, Brazil-based ITA? bank and
Mr. Tizzio served as president of AIG from 1991 to 1997, and was responsible for AIG's worldwide property-casualty business. After joining the AIG organization in 1967, Mr. Tizzio was active in the co
Mr. Tizzio served as president of AIG from 1991 to 1997, and was responsible for AIG's worldwide property-casualty business. After joining the AIG organization in 1967, Mr. Tizzio was active in the co
Specifically, the 2004 and 2005 hurricane seasons revealed the potential for greater frequency and higher severity of insured losses related to natural catastrophes. "This realization will continue to
When asked to consider the National Flood Insurance Program as an example, IRC said 59 percent of those surveyed indicated that it is unfair to use taxpayer dollars to subsidize the cost of insurance
"With this name change, Munich Re is making a powerful statement about its support for its U.S. operations and its commitment to the U.S. market," said John Phelan, chairman and chief executive office
Mr. Gallagher joined his father's insurance agency in 1947 after graduating from Cornell University, working alongside his brothers John and Jim. He was instrumental in building the Itasca,
Indeed, trade organizations and carriers continue choosing sides in what promises to be a fierce battle, with the Property Casualty Insurers Association of America announcing it was joining