Insurscape.com(TM), a workers’ compensation underwriting program that provides total services via e-commerce, today launched a national web-based workers’ compensation service to select brokers. Insurescape.com provides online facilities to appointed brokers for submissions, underwriting, quotations and binding of more than 80 …
White Mountains Insurance Group has agreed to buy the U.S. property casualty operations of British insurer CGNU Group for $2.1 billion. The Hanover, N.H-based insurer is also expected to pay $500 million in debt owed by the U.S. unit to …
The Independent Insurance Agents of America (IIAA) and the National Council of Compensation Insurers (NCCI) have reached an agreement that will delay for at least one year implementation of a non-electronic filing fee for workers compensation residual market applications. NCCI …
A report in the Times of London indicates that the joint Lloyd’s/ IUA (International Underwriting Association) Forum, set up last year to explore ways of harmonizing procedures between the two groups and making the London market more efficient and attractive, …
Canada Life announced that it has formed a joint venture with Centurion Bank Ltd, TCFC Finance Ltd. of Mumbai and the ARDEE group of New Delhi to establish Canada Centurion Assurance Company in India. Under newly implemented financial rules insurers …
Cargo insurance, the grandfather of all international property coverage, is about to enter the Internet age with the announcement that CNA Maritime has established “Ocean Marine Manager network interface,” (OMMni), “an automated cargo insurance system accessible over the Internet.” Designed …
Ferrari’s Michael Schumacher may have just won the first U.S. Formula 1 race to be held in 9 years, but that doesn’t mean his insurance premiums are going to be reduced. According to Lloyd’s, policies covering race car drivers in …
Hilb, Rogal and Hamilton Co. announced the signing of a definitive agreement to purchase all of the outstanding stock of Insurance One, Inc., a full-service insurance agency in Rockville, Maryland. The transaction is expected to be effective on October 1, …
Massachusetts regulators are recommending a 14.1 percent auto insurance rate cut for 2001. The recommendation, which contrasts with the industry’s suggested 2.5 percent increase, could lead to a final decision by Commissioner Linda Ruthardt to slash rates by as much …
In an effort to deliver higher quality service more effectively and at a lower cost, the California Department of Insurance (CDI) launched a series of electronic government surveys designed to better understand the needs and expectations of consumers, producers and …
