May 4, 2000
Inspire Insurance Solutions, an insurance claims administrator based in Fort Worth, will replace CEO F. George Dunham III, who has resigned effective immediately, with R. Earl Cox III. Cox, who has been director of INSpire since the company’s inception, will …
May 4, 2000
More than 30,000 lost-time workers’ comp claims were analyzed in the study over a five-year period from 1994 through 1998. The injuries fell into three categories-back injuries, carpal tunnel syndrome and other nerve disorders and miscellaneous injuries – which represent …
May 4, 2000
Allianz and Munich Re are planning to reduce mutual cross-shareholdings worth more than $7 billion, while selling off some holdings in jointly held companies in order to free up cash for an expansion in fund management and insurance. The moves …
May 4, 2000
Film producer George Litto has sued French insurer AXA Re for revoking two insurance contracts that would help provide funding for five motion pictures. According to the complaint filed with the American Arbitration Association in Los Angeles, George Litto Pictures …
May 3, 2000
A California legislator is calling for a freeze on the remaining funds in an earthquake foundation established by California Insurance Commissioner Chuck Quackenbush. Assemblyman Jack Scott announced his intent to introduce such a bill Tuesday, just days after a hearing …
May 3, 2000
May 3, 2000 9:00 a.m. CDT California-based PAULA Financial, a specialty underwriter and distributor of commercial insurance products, reported an operating loss of ($0.16) per share for the first quarter of 2000 compared to operating earnings of $0.21 per share …
May 3, 2000
Workers’ compensation benefit payments and costs declined relative to wages in 1997 and 1998, according to a report released today by the National Academy of Social Insurance. This marks the sixth consecutive year of declining benefits relative to wages. In …
May 3, 2000
The American Insurance Association has taken a stance against President Clinton’s recent privacy proposal, calling it “decidedly premature.” “The administration is proposing this ‘plan’ without the facts needed to make informed decisions. Under the law enacted last year, his own …
May 3, 2000
The suite of products allows users to automate underwriting, quoting and insurance management services either for a single or multiple lines of business. The e-commerce applications can be customized as a stand-alone system or integrated with existing back-end systems for …
May 3, 2000
The St. Paul Companies has completed the sale of its nonstandard auto insurance business to The Prudential Insurance Company of America. Prudential purchased the nonstandard auto insurance business marketed under the Victoria Financial and Titan Auto brands for approximately $200 …