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United America Indemnity Ltd.


* UNITED AMERICA America [for Amerigo Vespucci], the lands of the Western Hemisphere—North America, Central (or Middle) America, and South America. The world map published in 1507 by Martin Waldseemüller is the first known cartographic use of the name.  INDEMNITY Recompense for loss, damage, or injuries; restitution or reimbursement.

An indemnity contract arises when one individual takes on the obligation to pay for any loss or damage that has been or might be incurred by another individual.
 LTD's board named JOSEPH R MORRIS as the insurer's president.

The company also announced that it would consolidate its two U.S. insurance subsidiaries. United National Group and Penn-America Group will be united under a single management structure as United America Insurance Group. WILLIAM William, crown prince of Germany
William or Frederick William, 1882–1951, crown prince of Germany, son of William II. In World War I he commanded (1914) an army on the Western Front and was nominal commander in the German attack
 F. SCHMIDT has been named president and chief executive officer of that group.

Currently, Morris is president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of Penn-America Group, and Schmidt is president and CEO of United National Group.
COPYRIGHT 2006 A.M. Best Company, Inc.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Title Annotation:Joseph R. Morris
Publication:Best's Review
Article Type:Brief article
Geographic Code:1USA
Date:Mar 1, 2006
Words:79
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