Significant changes in Ohio have enhanced the performance of the state’s workers’ comp system, particularly in speeding the payments of benefits to injured workers, but there are opportunities for further progress, according to a recent study by the Workers Compensation …
SCOR Group announced that its U.S. subsidiary, SCOR Life US Reinsurance Cy, formed following the acquisition of PartnerRe Life last April, has signed two major reinsurance contracts “representing total annual premium volumes in excess of USD 200 million, of which …
RapidInsure, the British Online insurance website, announced that it has stopped accepting new business for the time being as it searches for additional financing in order to continue its operations. Founded in February by Internet entrepreneur Darryl Mattocks, who sold …
An investigation by the Arizona Department of Insurance (DOI) Fraud Unit led to no-contest pleas last month in Maricopa County Superior Court by three owners of Phoenix, Ariz.-based Advantage Auto Glass LLC in connection with indictments charging them with defrauding …
With computers, networks, extranets, intranets, mobile computing, telecommuting and information systems now a necessary part of everyday business, I have to ask: “How important is your information technology (IT) person or staff to you?” The reason I ask is that …
Ever notice how sometimes it’s the most important stuff that doesn’t get done at work? Every business, large or small, has four quadrants wherein all short-term and long-term work falls. (Some management guru wrote a book about this once.) Those …
Editor’s note: Following the cover story “Cracks in the Stucco: Construction Defect Litigation Spreads” in our July 24, 2000, issue, several readers called in to share stories of how the problem of construction defect goes beyond multi-family housing in California. …
On Oct. 24, Lloyd’s and the International Underwriting Association (IUA) announced that they had selected Xchanging, an Internet and information technology specialist, as a partner in a joint venture to develop and operate a unified premium processing and claims service …
As part of a cost-cutting initiative, Santa Monica, Calif.-based Fremont General Corp. has reduced the production and claim service offices of Fremont Compensation Insurance Group from 41 to 24. Of these remaining offices located in 17 states, 16 are full …
According to Michael Camilleri, president and CEO of Amtrust Insurance Operations, Amtrust Financial Group signed a definitive agreement on Nov. 20 to purchase the insolvent Credit General Insurance Company. Credit General, an Ohio-domiciled property/casualty company with a large book of …
