New York Superintendent of Insurance Neil D. Levin announced that effective immediately all authorized insurers will have the ability to appoint and terminate licensed agents electronically. “This use of the internet will result in a reduction in paperwork and data …
The Coast Guard is faced with a $96 million lawsuit in fallout from the February 1999 grounding of the freighter New Carissa in Coos Bay, Ore. The owners of the freighter claim that navigational charts omitted warnings about unsafe conditions …
PricewaterhouseCoopers LLP, the world’s largest professional services organization, has hired former New York and Maryland insurance commissioner Edward Muhl, Kenneth Gibson, Roger Langley and Lynne Hepler in the Insurance Regulatory Solutions practice. These individuals will join James Schacht, former Illinois …
AMS Holding Group, a provider of software and information services to the property and casualty insurance industry, today announced that it is reorganizing its operations into four distinct business units. The move was combined with the resignation of Kenneth Benvenuto, …
A new Conning & Co. study reports that the majority of property/casualty insurers did not have a guiding Internet strategy when developing their web sites and only a few insurers use the Internet effectively to reinforce their existing corporate strategies. …
Mike Ribaudo and Michael Mathis, brokers with the St. Louis-based Charles L. Crane Agency Co., have launched InsurancePoliciesOnline.com to service small business owner more efficiently. InsurancePoliciesOnline.com became available to customers beginning Feb. 1, 2001. Licensed in all 50 states, they …
Tokyo Mutual Life has denied a media report that it would receive funding from the financing unit of General Electric Co. to shore up its shaky capital base. The daily Yomiuri Shimbun said GE Capital was likely to inject between …
Citigroup plans to focus its European expansion on corporate and investment banking as well as wealth management services, the Financial Times reported Wednesday. “There are lots of opportunities in investment banking, especially if Europe moves to more cross-border mergers and …
Bolton & Company’s management team at the ribbon cutting. Bolton & Company’s executives. In a move to expand and perpetuate the company’s future growth, Bolton and Company Insurance Brokers, one of the largest privately held insurance brokers in the United …
A bill designed to protect builders and subcontractors from excessive liability when their homes or commercial properties are found to have construction defects is being supported by insurers, homebuilders and the Colorado plaintiffs’ bar association. H.B. 1166 – introduced in …
