Insurers will pay an estimated $70 million on more than 6,000 claims resulting from the Cerro Grande, N.M. wildfire that raged out of control for nearly three weeks after it was ignited by the National Park Service, according to the …
Last week, as the Arizona Diamondbacks faced the Pittsburgh Pirates at Bank One Ballpark, the Department of Insurance (DOI) staff members were joined by McGruff, the Crime Dog to spread the message that insurance fraud carries a nationwide price tag …
Nevada Insurance Commissioner Alice Molasky-Arman approved the proposed filing submitted by the National Council on Compensation Insurance (NCCI) for an overall workers’ comp premium increase of 6.3 percent. The new rates become effective on July 1, 2000 for new business …
Hilb, Rogal and Hamilton Co. has formed an alliance with PNC Financial Services Group to provide commercial property and casualty and group insurance to PNC business customers. Under the alliance, PNC’s clients can work with PNC relationship managers and HRH …
Boat and personal watercraft insurance now can be added to consumers’ cyber-shopping lists. Progressive, one of the largest boat and personal watercraft insurers in the country, is offering consumers the opportunity to buy Progressive boat and personal watercraft insurance policies …
The National Association of Insurance Commissioners is changing the Summer National Meeting agenda in Orlando in order to allow more meeting time for the Gramm-Leach-Bliley working groups. “I am very pleased with the progress made at the recent interim meetings …
Sweden’s Skandia, Norway’s Storebrand and Finland’s Pohjola originally agreed to merge their respective p/c business into a pan-Scandinavian group with the unlikely name of “If….” Pohjola recently announced that it was pulling out of the deal, which caused analysts to …
After protracted negotiations, France Telecom (FT) and Vodafone AirTouch have agreed to terms for the French telecommunications giant to acquire Orange Plc., the U.K.’s third largest mobile phone provider. Vodafone, which is in the process of acquiring Germany’s Mannesmann AG, …
A.M. Best’s Captive Directory 2000 Edition now ranks Vermont third in the world, surpassing Guernsey for captives domiciled behind Bermuda and the Cayman Islands. Vermont is home to more than twice as many captive insurance companies as all other U.S. …
For those of you who keep archives of IJ, you’ll notice that almost one year ago (to the day of writing, actually) I wrote a column talking about viruses and worms. Creepy, isn’t it. At the time, I was talking …
