SalvageSale.com, an independent online marketplace for worldwide claims recovery and commercial salvage, has concluded the beta testing period for its new web site, thus completing its transition from a bricks and mortar salvage company to an online salvage exchange. During …
InsuranceStudy.com has introduced its curriculum of interactive online continuing education courses designed specifically for use by insurance industry professionals. The Internet site offers agents and brokers a convenient and affordable way to obtain the CE credits mandated annually by the …
Managed healthcare company Amerigroup Corp. has filed to raise more than $86 million in an initial public offering. The company has not revealed how many shares it plans to sell or the projected price range in its filings with the …
Lloyd’s of London has obtained permission from the Canadian government to search the seabed at the site of the Swissair MD-11 that crashed off the coast of Nova Scotia in September 1998, killing all 229 people aboard, and has applied …
Allianz AG announced Friday that it would sponsor the Williams/BMW Formula One racing team, in line with its plan, announced last year, to increase its worldwide brand awareness. The partnership with Bavarian neighbor BMW and England’s Frank Williams promises to …
Citing consistent downward trends over the last three years, Standard & Poor’s Rating’s Services forecasts problems for German P&C insurers. “Underlying performance in the German property/casualty sector has been consistently trending downward over the past three years, and is expected …
Maryland Gov. Parris Glendening signed legislation last week removing form filing requirements for commercial insurers and sophisticated clients. Senate Bill 598 exempts some large commercial policyholders from obtaining prior approval for forms. The bill also exempts policies of certain sophisticated …
Redwood City, Calif.-based InsWeb is the most valuable site at which to shop for auto insurance, according to Forbes. The magazine’s Summer 2000, “Best of the Web” issue lists InsWeb as the “Forbes Favorite” among 17 auto insurance sites reviewed. …
Assembly Bill 1738, the bill to form a consumer “watchdog” association for the insurance industry, didn’t get too far in the California Senate Appropriations Committee this week. The bill was placed in the “suspense file” on May 15 for further …
Michael J. Cardillo, president of Aetna U.S. Healthcare, is retiring after 14 years with the company. Cardillo, 57, joined U.S. Healthcare in 1986 and became head of the combined company’s health care division after merging with Aetna in 1996. In …
