Oneida Financial Corp., the parent company of The Oneida Savings Bank, has signed a letter of intent to acquire Bailey and Haskell Associates, an insurance agency located in central New York. Bailey and Haskell Associates provides a diversified portfolio of …
Pivot, Ilife.com’s insurance information subsidiary, has paired with RiderPoint to offer real-time quotes and online bidding for motorcycle insurance in 26 states. Through its subsidiary, R.P. Insurance Agency, RiderPoint plans to expand its coverage to 35 states by the end …
The Chubb Corporation reported lower operating earnings and net income for the first quarter of 2000, partially a result of weather-related losses in the homeowners’ business. In addition, there were a number of large losses in the property and marine …
Homesite Insurance has launched Apply-‘n’-Buy, a proprietary insurance technology offering customers the ability to purchase homeowners and renters insurance directly online during a single visit. The entire process, from completing a short application to printing proof of coverage, typically takes …
We Media, a multimedia company designed specifically for the estimated 54 million Americans with disabilities, their families and their friends, has selected KinsuranceCenter.com, the online subsidiary of Kaye Group Inc., to help develop a full-service insurance channel. We Insurance will …
Marsh & McLennan Companies has reported strong revenue earnings growth for the first quarter. Revenues rose 13 percent to $2.7 billion from $2.4 billion in 1999. Net income grew 21 percent to $337 million from $279 million and earnings per …
American Safety Insurance Group has filed a lawsuit to rescind its previously announced acquisition of a Michigan insurance agency and two related insurance companies specializing in insurance program business. In January, American Safety Holdings acquired the stock of L&W Holdings …
Professionals Group Inc., based in Okemos, Mich., has formed a facility to offer alternative risk products through its insurance subsidiary, ProNational Insurance Company. The newly formed Bermudan insurance company, Professionals National Insurance Company Ltd., will be used as a rent-a-captive …
Q. We have a customer who was involved in a not-at-fault auto accident that included both bodily injury and extensive vehicle damage. An agreement on the amount of vehicle damage has been determined, but the adjuster said they would not …
Editor’s note: The first portion of this article appeared in our April 10 issue, page 28. The tort of negligent misrepresentation protects commerce from loss-producing, negligently supplied misinformation. It is restricted to the world of business transactions, broadly understood. Actual …
