TowerStreet, a provider of insurance software and services, is offering a free Web Tool Kit containing information, advice, and resources that insurance agencies can use to create and enhance their websites. TowerStreet created the kit with the help of its …
The Tropical Storm Risk (TSR) consortium issued renewed above-average projections for the 2001 Atlantic hurricane season. The number of tropical storms and hurricanes striking US shores in 2001 are expected to be 20 to 30 percent above the 1991-2000 average. …
Bank One Corporation announced on Aug. 6 that it has become a financial holding company. Under the Gramm-Leach-Bliley Act, financial holding companies are allowed to engage in a variety of activities, such as merchant banking, direct distribution of mutual funds …
Standard & Poor’s placed its ratings on Nationwide Financial Services Inc. (NFS) and related entities on CreditWatch with negative implications. At the same time, S&P placed its ratings on Provident Mutual Life & Annuity Co. of America (PMLAA) and Provident …
A Milwaukee judge’s ruling decreed that five insurers of the Miller Park construction project are liable to pay $99.25 million in damages from a crane accident that killed three ironworkers, according to an Associated Press report. The insurers: Federal Insurance …
Eagle International Associates, an international network of insurance defense attorneys and claims adjusters throughout North America and Europe, has announced that it will be offering two unique conferences on the subject of international claims handling, one in Paris on Oct. …
Fiserv Inc. has acquired Catapult Technology Limited, a London-based provider of private banking, treasury management and international banking technology solutions and services. Terms of the agreement were not disclosed. Catapult Technology, in addition to consulting services, provides a suite of …
The New York State Assembly’s decision to allow crucial sections of the state insurance law to expire is bad news for consumers, according to the American Insurance Association (AIA). These actions cancel the few free-market elements in New York’s command …
As a result of an investigation by the California Department of Insurance (CDI) Fraud Division, an Orange County resident plead guilty in Orange County Superior Court to one felony count of insurance fraud. Raymond Ellis Wilson, 36, was sentenced to …
California Insurance Commissioner Harry W. Low has called on insurance companies doing business in California to invest in low-income communities. Low also asked insurance companies to establish an annual community investment goal. In a letter to the chief executive officers …
