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

Kaye Group Promotes Three Executives

Kaye Group, the parent of Old Lyme Insurance Co. of Rhode Island, announced promotions for three of its top executives, Damian Testa, Douglas Schenendorf and Robert N. Munao. Testa was named President of Kaye Group’s Retail Property and Casualty Insurance …

Report Private Ambulance Drivers Favor Their Own NYC Hospitals

A report in The Village Voice details the problems confronting New York City’s emergency services, focusing on the marked tendency of private ambulance drivers to bring injured, but insured, emergency victims to their own affiliated hospitals, rather than the nearest …

Mitchell Intnl. Announces Nationwide Availability of Total Loss Settlement Solution

San Diego, Calif.-based Mitchell International, a source for information software and e-business solutions for the insurance and automotive repair industries, announced nationwide availability of iNTOTAL.COM, an Internet-based solution designed to provide insurers with highly accurate valuations using 100 percent verified …

Auto Dismantler Arrested for Auto Insurance Fraud

Following a six-month investigation by the California Department of Insurance (CDI), Organized Automobile Fraud Interdiction Task Force, a former Sacramento auto dismantler was arrested on four felony counts of insurance fraud and two felony counts of perjury. Samvel Saakyan, 27, …

ICAT Managers Names Hank Perry California Regional Vice President

International Catastrophe Insurance Managers LLC, a leading provider of commercial catastrophe insurance, recently announced the appointment of Hank Perry as regional vice president for California. Based in Orange County, he will be responsible for ICAT’s producer relationships and product development …

New Online Referral System Provides Hartford Agents with Leads for Customers Seeking Personal Coverage

The Hartford Financial Services announced that a new system has been incorporated in The Hartford’s Personal Insurance Agency Locator on the company’s website, to capture consumer inquiries and enable agents to turn browsers into buyers. The Personal Insurance Agency Locator …

Zurich NA Surety Creates Sales, Underwriting Teams

Zurich North America Surety announced it has established dedicated teams to manage its Commercial Surety line of business. Previously, many of the company’s field representatives were responsible for handling both commercial and contract surety products. The Commercial Surety line of …

Lloyd’s and Tripwire Inc. to Sponsor Insurance and Technology Forum

A forum designed to educate corporate risk officers, risk managers, CFOs and CIOs as to the risk exposures inherent in e-commerce and new technologies will be sponsored by Lloyd’s and Tripwire Inc. in New York City on June 26 and …

A.M. Best Affirms Nationwide’s FSRs, Assigns Initial Debt Ratings

A.M. Best Co. affirmed the A+ (Superior) financial strength ratings (FSR) of the primary property/casualty operations of the Nationwide Group, Columbus, Ohio, as well as its affiliated life insurance companies. In addition, A.M. Best assigned the following debt ratings: “a” …

Mich. OFIS Makes Insurance Complaint Information Available Online

The Michigan Office of Financial and Insurance Services (OFIS) released complaint ratios for insurance companies in Michigan — the information is available at www.cis.state.mi.us/ofis. Individual company information is also available by calling OFIS toll free at 877-999-6442. When analyzed, the …