June 6, 2001
According to a survey released today by Progressive Insurance, in the U.S., more than one million vehicles were stolen in 2000; that’s 2,740 a day, 114 an hour and more than one vehicle stolen every minute. Yet, when it comes …
June 6, 2001
Cincinnati-based Great American Insurance Company has come forward with a new program, “Great Pay,” which serves as an electronic payment method useable over the Internet. The program offers agents an electronic payment method at no cost. Once agents sign up …
June 6, 2001
Bankers Insurance Group’s consumer information website, www.floodfacts.com, took the top award for websites in the Public Awareness Materials Contest at the recent National Flood Conference in Minneapolis. The annual awards competition recognizes outstanding contributions to the National Flood Insurance Program …
June 6, 2001
Dutch financial giant ING Group purchased the remaining stake in Mexico’s largest insurer from cash-troubled Mexican conglomerate Savia for $791 million, a sale which will help knock down Savia’s $1.33 billion load of debt. According to a Reuters report, Savia …
June 6, 2001
The American Insurance Association (AIA) is calling on the Massachusetts Legislature’s Joint Health Care Committee to approve an AIA-filed bill (HB 3310) to exempt workers’ compensation programs from new managed care regulations. Testifying before the Joint Health Committee, Donald Baldini, …
June 6, 2001
As the 2001 Illinois General Assembly session comes to a close, the insurance industry awaits Governor Ryan’s signature on bills addressing producer licensing and the State insurance guaranty fund. The National Association of Independent Insurers (NAII) supports HB 2994, which …
June 5, 2001
International Risk Group announced today that Connie Riddell, has joined the company as president of Colorado-based International Environmental Risk Underwriters. Riddell was formerly a principal in Bichon Group LLC, and held vice president and director positions with Crum & Forster …
June 5, 2001
Martha Rodriquez of Riverside, Calif. woman was arrested on workers’ compensation fraud and perjury charges June 1. Rodriquez, 37, also known by the name of Graciela Castro, was booked into Riverside County Jail on a $5,000 felony warrant following her …
June 5, 2001
Financial privacy legislation that would have limited services to policyholders and increased costs for insurers failed to reach a majority vote Wednesday in California’s Assembly Banking & Finance Committee. At the hearing, the National Association of Independent Insurers (NAII) argued …
June 5, 2001
PRC Corporation has changed its name to Insurity, offering a new look and new approach for the insurance-technology marketplace. Having marketed products and services to the commercial property insurance industry for more than 20 years under its brand name, Programming …