The Boston Globe reported today that Massachusetts Attorney General Thomas F. Reilly has sued four health-insurance companies for denying coverage to college students who were suffering from preexisting medical conditions. The companies’ denials are a violation of state law, which …
According to a recent California auto club report, teen passenger deaths and injuries when 16-year-olds are behind the wheel dropped 21 percent statewide from 1998 to 1999. These results come two years after passage of California’s graduated driver’s license law …
On Sept. 15, the National Association of Independent Insurers (NAII) sent a letter to California Governor Gray Davis asking him to veto SB 1805, a bill that would mandate all adopted Department of Insurance market conduct exams be made public, …
Automotive insurance policyholders report relatively high satisfaction with their current auto insurance carrier, according to the inaugural J.D. Power and Associates National Auto Insurance Customer Satisfaction StudySM released Monday. Amica Mutual ranks highest in the study, followed by Erie Insurance …
Looking to meet future business goals, Kemper Insurance Companies is leveraging its information technology infrastructure, managed by Tivoli Enterprise from Tivoli Systems Inc. Kemper’s goal is to Web-enable legacy applications to give agents online access to applications supporting quoting, rating …
Arthur J. Gallagher & Co. has completed the acquisition of three agencies; Atlantic Risk Management Corporation, of Baltimore; Murphy Consultants, of Elgin, Ill.; and R.G. Speno, Inc. Insurance Brokerage, of Cupertino, Calif. Terms of the transactions were not disclosed. Founded …
Everest Re Group, Ltd.’s U.S. subsidiary Everest Reinsurance Holdings, Inc. has completed the acquisition of Gibraltar Casualty Company from The Prudential Insurance Company of America. The acquisition price of $51.8 million effectively adds approximately $500 million of invested assets to …
LowratesUSA.com has expanded its site to include real-time insurance quotes from 22 national companies, including Prudential, Metropolitan and Progressive Property and Casualty. Visitors can receive insurance quotes on home, automobile, health, life, business and annuities. According to a company press …
Online-insurance marketplace InsWeb is offering its comparison-shopping services for auto insurance at BestOffer.com, which provides a range of online and offline services for consumers buying and selling used cars. InsWeb is now accessible to online consumers through 216 popular sites …
In what’s shaping up as a battle of big fish, bigger fish, the Times reported that three companies were interested in acquiring U.K. Mutual life and pension insurer Liverpool Victoria, at the same time that it is trying to acquire …
