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

Crawford Joins TSR Consortium, Expands in Australia

In two moves aimed at strengthening its international presence, Atlanta-based Crawford & Co. announced that it would join the TropicalStormRisk (TM) Consortium, and has agreed to acquire Australia’s Central Victoria Loss Adjusters (CVLA) for an undisclosed price. Crawford is one …

AIG Deal for Hyundai Units Set to Proceed

After months of delays, an investment consortium led by American International Group and merchant bank WL Ross & Co. announced agreement with Hyundai and the Korean government to take over three of the Group’s financial units in a deal estimated …

IIAANY Opposes Federal Insurance System

The Independent Insurance Agents Association of New York voiced its opposition to any changes in the system of state regulation of insurers in an open letter, which takes issue with proposals supported by the American Insurance Association, the American Bankers …

Hartford Backs Character Education Program for Local High School Students

The Hartford Financial Services Group, as part of its community support partnership with Hartford’s Public High School system, has participated in establishing an interactive workshop to give incoming high school students training in character education and personal leadership. The mandatory …

NAII Seeks Corrections in NY Insurance Fraud Bill

The National Association of Independent Insurers warned that several loopholes in recently passed legislation by the New York State Assembly (AB 8654-D), aimed at correcting abuses in the State’s no-fault auto insurance laws, were serious enough that it would oppose …

Idaho Department Reaches 100 Years

Idaho’s Department of Insurance is planning to celebrate its 100th anniversary. The Department will host a reception at its offices at 700 West State Street on Thursday, Aug. 23, beginning at 2:30 p.m. The state’s Governor, members of the Idaho …

KEMPES Claim Director to Speak at ABA Conference

Janice Stein, KEMPES’ claim director, will be a panelist addressing “Sued Lawyers — Our Valued Clients or Our Neglected Constituency?” at the American Bar Association’s National Legal Malpractice Conference, Sept. 12-14, 2001 in La Jolla, Calif. The panel will talk …

RMS Upgrades Hawaii Hurricane Model for Insurance Market

Risk Management Solutions (RMS), industry leader in the area of natural hazard risk modeling, announced the latest release of its RMS™ Hawaii Hurricane model. The model upgrade offers significantly improved risk assessment capabilities to insurers re-entering the Hawaiian market for …

ISO Adds Fast Internet Access to Underwriting Support Databases

Users of A-PLUS™, Insurance Services Office Inc.’s loss-history underwriting service, can now order and retrieve information through ISO Passport(SM), ISO’s new Internet-based delivery system. A-PLUS – Automobile-Property Loss Underwriting Service – offers underwriters access to five years of claims information …

Silver Plume Introduces Sage Reference Tool for Commercial P&C Agents

Insurance Reference Systems Inc. (Silver Plume), an AMS company, announced the introduction of Sage, a web-based, intelligent research tool that uses an insurance-specific, Internet-style engine to search its library of industry profiles, coverage analyses, available markets, program descriptions, and more. …