The Colorado House Business Affairs and Labor Committee unanimously approved a bill allowing insurance companies to share with each other information about suspected fraud cases. The bill requires insurers to report fraud to authorized agencies. It also offers civil immunity …
Insure.com has introduced a new Small Business Insurance Forum, where readers can receive individual help with insurance problems. The forum joins insure.com’s other long-running forums focusing on auto, health, home and life insurance as well as annuities. The new forum …
Conseco has signed an agreement to acquire from Fortis the Associated California State Insurance Agencies Inc. and its sister company, Ardtel Insurance Service Inc. ACSIA and Conseco have a long-standing relationship in the sale of long-term care insurance. The acquisition …
ConfirmNet Corp., a San Diego-based e-service business-to-business application service provider, has closed the first round of venture capital funding totaling $7 million from marquee investors in the technology and insurance sectors. The investment is led by The Acorn Technology Fund, …
ebix.com plans to take online insurance one step further, offering an educational Internet television channel as well as comprehensive market research center for both consumers and insurance professionals. ebix TV will offer extensive programming toward continuing education for insurance professionals …
GE Financial Assurance plans to purchase most of Citigroup’s long-term care business, making it the largest nursing home and related old age care insurer in the country. Terms of the purchase were not released. GE plans to continue selling policies …
Armstrong Insurance Group, a leading property and casualty broker in Long Beach, Calif., has partnered with BizBuyer.com to deliver customized insurance quotes to BizBuyer customers. Under the terms of the agreement, Armstrong will fulfill the property and casualty insurance needs …
HNC Insurance Solutions, a wholly owned subsidiary of San Diego-based HNC Software Inc. recently acquired Celerity Technologies, a provider of connectivity and value-added networks which support claims processing for the workers’ comp industry. Under the terms of the deal, HNC …
Deputy Commissioner George Grays has added his resignation to the current tumult at California Insurance Commissioner Chuck Quackenbush’s office. In a statement released April 13, Grays said: “My continued service may only serve as a distraction from the critically important …
BenefitMall.com has completed its acquisition of two units of the Mather Cos., a general agency and third party administrator of employee benefit programs. “This acquisition is an important one for us as it significantly and strategically expands the scope of …
