Geologists in Oregon have found new evidence that the lengthy Portland Hills Fault is active and capable of generating an earthquake, the Oregonian reported yesterday. A recent discovery at Rowe Middle School in Milwaukie, Ore., indicates that the fault ruptured …
eAutoclaims has signed a long-term contract with Pleasanton, Calif.-based Commerce West Insurance Company where it will provide its “bricks to clicks” Internet Claims System as an online claims management system. eAutoclaims looks to perform service amounting in excess of $2.4 …
Riskclick Inc., a provider of collaborative computing software for the risk and insurance industry, announced that it had received 2001 ACORD XML Implementation Champions Awards for its industry leading implementation of ACORD’s Large Commercial Lines XML standards. Riskclick supports the …
AscendantOne, announced the availability of its Rate/Quote/Issuance solution for the property/casualty front office. This browser-based front office solution was designed to allow p/c providers to deploy rating solutions for any state and any line of business. Engineered for the networked …
Esurance Inc., a national quote-to-claims Internet-based provider of personal auto insurance, announced an agreement with the insurance portal ebix.com Inc. Under the terms of the agreement, Esurance will provide instant online auto insurance quotes to ebix.com consumers in 26 states. …
Pennsylvania Insurance Commissioner M. Diane Koken announced that the Commonwealth Court of Pennsylvania had granted the Insurance Department’s request to place financially troubled Reliance Insurance Company into rehabilitation, effective immediately. A Pennsylvania-domiciled company, Reliance Insurance Company is licensed to write …
Missouri Gov. Bill Holden recently signed HB 801, enabling the state Insurance Commissioner to adopt consumer privacy regulations consistent with, but not more stringent than, the federal Gramm-Leach-Bliley Act (GLBA). According to Ann Weber, counsel with the National Association of …
Minnesota Governor Jesse Ventura signed insurance producer licensing legislation that appears to meet the reciprocity requirements of the federal Graham-Leach-Bliley (GLB) Act. The Act requires twenty-nine states to pass reciprocal or uniform licensing laws before November 2002 in order to …
State Auto Financial Corporation’s tenth annual meeting featured a recap of 2000, the sixth straight year the company has achieved an underwriting profit. State Auto Chairman Robert H. Moone stated that while the company had made a decision to sacrifice …
The ongoing negotiations between AXA, France’s largest insurer, and Germany’s Deutsche Bank have apparently ended without reaching any agreement for an alliance. I
