AMS Services Inc. and ChannelPoint’s Solution Rating Group (formerly InsurQuote/IAS) announce that 2-way integration between AfW/AfW Online version 4.5 and ChannelPoint’s windows desktop AgencySuite products is now available. The agreement was first announced and a prototype of the product was …
X.L. America Inc. is consolidating the management of its U.S. specialty insurance programs under one newly formed business unit, XL Programs. XL Programs will partner with insurance program administrators to offer specialized insurance coverages to distinct market segments. Leveraging the …
The St. Paul Companies announced the formation of the Global Surety and Construction Group. According to the group’s newly appointed President Robert J. Lamendola, the formation of the Global Surety and Construction Group reflects strong growth in The St. Paul’s …
London’s Financial Times reports that Royal & Sun Alliance is set to announce the formation of a new global business unit to implement innovative strategies, to develop new ideas and to improve operating results throughout the group. According to the …
Less than a week after they reacquired control of the troubled U.K. personal injury settlement service, Claims Direct, co-founders Tony Sullman and Colin Poole have confirmed that they are discussing a possible sale of their 55.4 percent stake to Simon …
New Jersey’s Department of Banking and Insurance is seeking to prolong the State’s largest automobile insurer’s presence for as long as possible in order to give State Farm’s 800,000 plus customers time to find alternative insurance before the company stops …
This is a tale of two companies. Both made similar products and sold them to other companies. Both did what companies do: they extended credit to their commercial customers for a period of several weeks and, naturally, expected to be …
During the last hard market, much of corporate America wasted little time in stepping up the search for risk transfer alternatives to traditional commercial insurance. The current hard market appears to be no different if rates, premium growth and expanding …
Houston-based U.S. District Judge David Hittner issued a ruling Aug. 8 conferring class action status on a lawsuit involving claims of overcharging for workers’ compensation coverage by Reliance National Indemnity Insurance Company and around 150 other insurers, opening the door …
A recent Hiscox study reveals that most high value homeowners have little idea of the true value of their home contents. The study compared 64 high value homeowners’ previous valuations with the new valuations assessed by an independent valuer. On …
