Monthly Archives: <span>June 2000</span>

21st Century Insurance Group Declares First-Quarter Dividend

According to Bruce W. Marlow, president and CEO of Woodland Hills, California-based 21st Century Insurance Group, the company declared a first-quarter cash dividend of $0.16 per common share, which will be payable June 28, 2000 to shareholders of record on …

Managed Care Tension Builds in Calif.

The California Medical Association (CMA) filed a lawsuit on May 25 in U.S. District Court in San Francisco against three leading health plans in the state. The suit accuses Health Net, Blue Cross of California and PacifiCare Health Systems of …

Zurich U.S., The Hartford Forge Strategic Agribusiness Alliance

Zurich U.S. and The Hartford Financial Services Group have formed a strategic relationship to co-market their agribusiness products in a program designed to take advantage of each company’s unique strengths. Under the agreement, which will become effective June 1, the …

S&P Lowers Nationwide Ratings, Removes From Watch

Standard & Poor’s has lowered its ratings on Nationwide Mutual Insurance Co. and related entities. At the same time, S&P removed these ratings from CreditWatch, where they had been placed on March 30 with negative implications. The outlook is negative. …

Delta Dental Insurance Unveils New Web Site

Delta Dental Insurance Co. has launched a new web site, www.deltadental.com, providing easy access to dental health and program information, online dentist directories and dental industry trends. The site is customized to meet the needs of Delta Dental Insurance Co. …

Insuremytrip.com Offers Vacation Insurance Online

Travelers who want to insure their trip can visit Insuremytrip.com to research, compare and buy travel insurance. Users simply click on the site and follow a quick five-step process that takes visitors from entering their quote information to having coverage …

AIG Realigns Property/Casualty Operations

American International Group has realigned its property/casualty insurance operations in order to serve the needs of U.S.-based companies with international operations more effectively and efficiently. The North American Division of American International Underwriters, which serves the overseas insurance needs of …

New Name – GeneralCologne Re – Announced by Reinsurance Group

General Re and Cologne Re have announced that as of today their global brand name will be “GeneralCologne Re” (GCR) The change reflects company efforts to implement, “a new, worldwide reinsurance brand strategy for its direct reinsurance business.” “The essence …

ING – Aetna Confirm Talks For Sale Of Financial & International Business

Aetna’s President and CEO William H. Donaldson confirmed that the company was holding discussions with ING Group, the Dutch insurance and financial services giant, which launched a $10 billion takeover attempt for Aetna last March, and is currently in the …

N.Y. Insurance Department Expands Electronic Rate and Form Filing

New York Superintendent of Insurance Neil D. Levin has expanded the department’s acceptance of electronic filings. Insurers can now submit policy forms and rate filings through a new program that eliminates incomplete filings, significantly reduces review and processing time and …