It’s spring home-buying season, and realtors throughout California are reporting that despite interest rate fluctuations and a seesawing stock market, the real estate market is hotter than ever. From Ventura to Riverside, buyers are paying top dollar for houses and …
iwix.net, a specialty insurance portal, has secured $5 million in first round venture capital funding. All of the funding is coming from one source, Quester. Quester’s investment strategy is to back businesses that have the industry knowledge and technology to …
A final electronic signature legislation agreement was struck last week by House and Senate conference committee negotiators. It is expected to easily pass in both chambers before being sent to President Clinton for his signature. The agreement includes a number …
Electric Insurance Company, a Massachusetts direct writer of automobile and homeowner’s insurance, announces the establishment of a new relationship with Insurance.com, an online insurance marketplace offering consumers the resources they need to create personalized and self-directed insurance plans. This affiliation …
Arthur J. Gallagher & Co. has completed four insurance agency acquisitions, purchasing Davis-Poston & Assoc. of Dallas; Bultman/Bell Associates of Greenville and Columbia, S. C.; Universico Group of St. Claire Shores, Mich.; and Joe E. Martin Inc. of Springfield, Mo. …
The National Association of Insurance Commissioners Privacy Working Group has passed a resolution providing for uniform compliance of privacy regulations by July 1, 2001, during deliberations at the NAIC’s Summer National Meeting. This resolution aligns state insurance regulatory requirements with …
The Society of Certified Insurance Service Representatives and the Society of Certified Insurance Counselors have announced the selection of the state winners of the 2000 Outstanding CSR of the Year Award. The award originated in 1991 to recognize the contributions …
A Rochester, N.Y. woman has been arrested on second degree grand larceny charges as a result of a joint investigation by the state’s insurance department Frauds Bureau, Allstate Insurance and the Irondequoit Police Department. Marcia Seeley pleaded not guilty to …
London based Hong Kong and Shanghai Bank Corp. (HSBC) announced the launch of an interactive commercial insurance service for the U.K.’s small business community. Initially the service will offer commercial property coverage, including premium quotations from insurers, premium collection and …
Deutsche Bank (DB) President and CEO Rolf Breuer told shareholders at the company’s annual meeting that Germany’s largest bank was planning to close up to 300 of its local branch offices and eliminate approximately 1200 jobs. Breuer, the target of …
