Monthly Archives: <span>June 2001</span>

Travelers Joins in Neighborhood Revitalization Efforts

As part of Travelers Insurance’s continued effort to increase the availability and improve the affordability of insurance in urban areas, the company is participating in National NeighborWorks® Week (June 2-9)–a national celebration of community revitalization activities taking place in communities …

National Financial Partners, Nemco Brokerage Acquire Group Business

National Financial Partners Corp. and New York City-based Nemco Brokerage, Inc. (Nemco), a group benefits brokerage and insurance firm, announced their joint acquisition of the group insurance business formerly owned by a joint venture between BISYS Insurance Services Inc. and …

IMMS and ConfirmNet Form New Alliance

Insurance Marketing and Management Services (IMMS), a provider of marketing and management information to insurance professionals, and ConfirmNet Corporation, the developer of CertificatesNow, announced a strategic alliance offering 24/7 access to certificates of insurance to IMMS members through the Internet. …

State Auto Mutual, Meridian Mutual Complete Deal

The merger of State Auto Mutual Insurance Company and Meridian Mutual Insurance Company, along with State Auto’s Mutual purchase of Meridian Insurance Group Inc., was finalized June 1. With the deal, State Auto Insurance Companies becomes the country’s 48th largest …

e-Sher Underwriting Managers Partners With Global Risk Exchange

Sherwood Insurance Services’ proprietary facility, e-Sher Underwriting Managers, has partnered with Global Risk Exchange, a secure, online insurance supply chain platform which aims to streamline the entire commercial insurance buying process. e-Sher will market the CNANetProtect SM and the Lloyd’s …

Calif. Assembly Banking Committee Stalls Financial Privacy Measure

Following a late night hearing, the California Assembly Banking Committee voted to kill a bill that would have required financial institutions to gain consent from their customers before sharing information with their affiliated companies and third parties. The bill (AB …

WideLines Closes Its Doors

WideLines LLC, an XML-based technology provider to the commercial insurance industry, announced that it has ceased accepting new submissions. In a letter from WideLines CEO Adam J. Pelzman, the company explained to its producers they are no longer able to …

MDA Announces Improved Information Product for U.S. Insurance Industry

The Information Products Group of MacDonald, Dettwiler and Associates Ltd. unveiled a new version of its Home Replacement Cost Estimator, renamed the Replacement Cost Calculator. According to the company, the new version of the home replacement cost-estimating tool now has …

IIAA Supports Tax Bill Passage

According to the Independent Insurance Agents of America (IIAA), the tax-cut bill approved by Congress last week will provide a timely boost that will help small business owners mitigate the effects of an economic slowdown. President Bush will sign the …

Kemper, The Mechanic Group to Provide New Workers’ Comp Coverage

Kemper Insurance Companies appointed The Mechanic Group Inc. as program administrators for security company workers’ compensation business throughout the U.S. Kemper and The Mechanic Group are providing security clients with an workers’ comp program featuring coverage on a guaranteed cost …