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

Swiss Re Names Blaser CFO of Americas Division

Swiss Re appointed Mitchell E. Blaser CFO of its Americas division, the company’s non-life reinsurance business unit for all of the Americas, headquartered in Armonk, N.Y. Blaser also is a member of the Americas Management Board. In his new post, …

1,800+ Independent Agents Using Travelers’ Web-based Automation System

Travelers’ announced that in just a few months since its inception, more than 1,800 agents are using ATLAS3, Travelers’ Internet-based automation system. About 165 agents were piloting the system when ATLAS3 was introduced in February 2001. The system allows agents …

Commentary: Shares of Insurers Pause After Recent Gains-What Direction Now’

In the short term, it’s extremely difficult to predict whether a stock will go up or down. The many factors involved are open to widely varied interpretations. Trends in a given sector can be spotted over time, but it’s purely …

Commentary: P/C Cold Calling Can Provide Targeted Leads

It’s been said that convincing a property/casualty salesperson to adopt a really new idea is somewhat akin to inducing an elephant to make a right-angle turn. However, perhaps the good news is that p/c cold calling today is no longer …

Media Liability Claims: Tricky, Expensive and Evolving

Oprah Winfrey may be the queen of talk show TV and the ruler of her own media/entertainment universe, but that didn’t keep her from being dragged into court, accused of libeling the beef industry in one of the most well-known …

CDI Continues Probe of Alleged Taxicab Fraud

In the current commercial auto arena, one of the toughest risks to place is taxicabs. Given that, it is not surprising that certain entities might be attracted to the prospect of luring the gullible or less vigilant by offering policies …

Next Stop: Probation

Following a joint investigation by the CDI Criminal Investigations Branch’s Investigation Bureau and the San Joaquin County District Attorney’s Office, Roger Allen Collins, 50, pled no-contest in San Joaquin Superior Court to one count of theft of fiduciary funds and …

‘Operation Backlash’ Cracks the Whip on Fraud

The CDI Criminal Investigations Branch’s Fraud Division announced the conclusion of a 10-month operation, which resulted in a multi-agency task force serving search warrants on Whiplash Performance Center Inc. and Performance Wholesale Inc., and arresting Robert “Robbie” Lee Baker and …

On a Collision Course with the Law

Investigators from the CDI Criminal Investigations Branch’s Fraud Division arrested Julian Tafolla, 20, of Riverside, on two felony counts of insurance fraud and one misdemeanor count of leaving the scene of an accident. Tafolla, who, at the time of the …

CGU Canada Receives Ratings

A.M. Best Co. assigned a FSR of “A” to CGU Insurance Company of Canada (CGU), Scarborough, Ontario, and Elite Insurance Co., Ontario, Canada. A.M. Best also assigned a FSR of “A-” to Scottish and York Insurance Company Ltd., Ontario, and …