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

Pergande Named New CEO Chairman of INSpire

INSpire Insurance Solutions has named John Pergande to succeed Earl Cox, III as CEO and Chairman of the Board of INSpire. Cox will remain a member of the INSpire Board of Directors and Jeffrey W. Robinson will continue as President, …

Survey Reveals Most Consumers Fail to Shop Auto Insurance

While most Americans believe it’s smart to shop around when purchasing high-ticket items, few actually do so when it comes to auto insurance, one of the leading annual expenses in most household budgets. Most Americans are also surprised to learn …

BenefitMall Offers New Census Tool

BenefitMall.com has released a new Census Management Tool for insurance brokers that it expects will simplify the development of online quotes. The new software, Census Management Tool V1.0, is Microsoft Excel-based and resides on the desktop where brokers can easily …

Brandon Named CEO, Executive Vice President General Re

Joseph Brandon has been promoted to executive vice president of General Re Corp. and named vice chairman and chief executive of General Reinsurance Corp. Brandon will oversee all North American reinsurance and insurance operations including General Reinsurance Corp., Genesis, General …

AXA Financial to Sell DLJ To CSFB; Receives Minority Share Offer

Confirming the rumors circulating around Wall Street, AXA Financial, Inc. (AXF), the U.S. holding company 60 percent owned by French insurer AXA Group, announced that it will sell its 71 percent stake in investment banker and broker Donaldson Lufkin & …

Mass. AG Promises Push for Auto Rate Cut

Massachusetts Attorney General Thomas Reilly said yesterday he will push for an auto insurance rate cut in 2001, but said it was premature to discuss how big a decrease is warranted. Rate hearings are scheduled to begin today, and Reilly …

Calif. Agent Groups Ask Governor to Sign AB 393; NAII Asks for Veto

The Independent Insurance Agents and Brokers Legislative Counsel (ABL), with the backing of eight trade associations representing the great majority of California’s nearly 300,000 licensed insurance agents and brokers, is calling on Governor Gray Davis to sign AB 393, the …

Calif. Construction Defects Committee Hammers Away on Proposed Bill

The California Legislature’s Construction Defects Conference Committee met twice last week in Sacramento in an attempt to reach an agreement concerning limiting costs and delays resulting from construction defect litigation. According to legislative report “This Week in Sacramento,” a proposal …

UnumProvident Announces Reinsurance Agreements; To Sell Inactive Subsidiary to Allstate

UnumProvident Corp., the largest U.S. disability insurer, announced the signing of definitive agreements for a series of strategic transactions designed to more closely focus its operations on its core businesses and increase its financial flexibility. The primary transaction involves the …

Agents See a Future Filled with Technology

According to preliminary findings of a series of focus groups conducted by the Independent Insurance Agents of America (IIAA) and sponsored by nekema.com, independent agents know that they will need new technology to compete in the future, but they aren’t …