Monthly Archives: <span>April 2000</span>

PartnerRe to Sell U.S. Life Operations to SCOR

Bermuda-based PartnerRe announced that it has reached an agreement with France’s SCOR Group to sell its U.S. life reinsurance business, PartnerRe Life Insurance Company of the U.S., and its subsidiaries Vanguard Life Insurance Co., Investors Insurance Corp. and Investors Marketing …

Online Transactions on Tap in Arizona

Arizona lawmakers have passed an electronic records bill offering consumers the convenience of buying insurance online. The bill, passed by the Senate 29-0 Monday and awaiting the governor’s signature, would create the Uniform Electronic Transactions Act. Customers who use this …

ebix.com Partners With Warranty Gold

ebix.com has paired with Warranty Gold, referring its customers to the vehicle service contract provider for extended vehicle warranties. In turn, Warranty Gold will refer customers to ebix for insurance needs. The alliance is expected to further expand ebix.com’s reach …

Doctors Admit Falsifying Insurance Claims com

A recent study suggests that doctors manipulating reimbursement rules so that their patients can receive the care they need is on the rise as doctors feel more pressure to provide treatment not authorized under managed-care plans. More than one of …

Nebraska Enacts Commercial Deregulation Law

Nebraska became the fourth state this year to enact a law simplifying the commercial lines rate and form filing process. The bill, introduced at the request of the Nebraska Department of Insurance, was referred to as the Property and Casualty …

Quackenbush Under Fire Again

A $500,000 donation made to a community group by an earthquake foundation created by California Insurance Commissioner Chuck Quackenbush has stirred new criticism of the department head. The Sacramento Urban League, promoting employment for minority groups, received the donation from …

InsuranceOrder.com Launches End-to-End Destination

Austin-based insuranceOrder.com has launched what they believe is the Internet’s only end-to-end insurance information and purchasing destination. As an eAgency, insuranceOrder.com is unique in that it can co-exist with the current insurance distribution channel by operating as an independent agent. …

InsWeb Aligns With eHealthInsurance

InsWeb and eHealthInsurance have formed an online partnership designed to leverage the companies’ respective strengths in marketing, product offerings and customer service. Through this seamless, co-branded effort, InsWeb customers shopping for health insurance will access eHealthInsurance’s wide selection of leading …

U.S. Judge May Soon Approve Swiss Holocaust Pact

A U.S. District judge is expected to approve a $1.25 billion accord reached more than two years ago by Swiss banks to settle claims of that they never returned valuables deposited by Holocaust survivors prior to World War II. The …

Virginia Approves Deregulation Bill

Virginia Governor James Gilmore signed into law legislation reducing government regulation of commercial insurance. To qualify for the exemption, companies must use a qualified risk manager to purchase their insurance coverage. In addition, companies must meet at least two of …