Greenwich, Conn.-based IVANS Inc. announced that 27 property-casualty insurers, healthcare and related organizations became new members of IVANS during the first half of 2001, double the number that joined in any prior six month period since 1995. IVANS Inc.,was formed …
California jockey Carlos Cristo will spend 60 days in home confinement, serve three years formal probation, and pay restitution of $30,000 to the State Compensation Insurance Fund (SCIF) along with a $200 court fine, following sentencing for his role in …
United California Bank (UCB) announced plans to expand its capability to provide high quality, affordable insurance protection to its retail and small business customers through a strategic alliance with Aon Corporation. UCB has already been offering life and annuity policies …
According to an AP Online report, insurers are paying out claims to a growing number of medical marijuana users whose backyard pot plants were stolen by thieves or confiscated by police. The payouts are not based on the street value …
Mazonson Inc., a New England-based insurance brokerage, announced the completion of agreements to provide group insurance programs sponsored by the California Community Economic Development Association and the Community Economic Development Association of Michigan. According to Mazonson, its program gives the …
The Environmental Solutions Division of Chubb Financial Solutions Inc., a wholly owned subsidiary of The Chubb Corporation, has unveiled a Remediation Cost Cap Policy, strengthening its position as a leading environmental liability insurance marketplace. According to the company, the Remediation …
Overall, the industry reported a 6.6 percent increase in direct premiums for homeowners multiperil insurance from 1999 to 2000, according to a new A.M. Best Statistical Study. The top 10 writers of homeowners multiperil stayed the same during this period. …
Lincoln National Corporation today announced that Swiss Re will acquire Lincoln’s reinsurance operation, Lincoln Re, headquartered in Fort Wayne, Indiana, for $2 billion. Swiss Re will integrate Lincoln’s reinsurance operations into the Swiss Re North American Life & Health unit, …
Pennsylvania Insurance Commissioner M. Diane Koken announced expanded fraud-combating efforts supported by a recently received grant award. Commissioner Koken said the department recently received a two-year Pennsylvania Insurance Fraud Prevention Authority (IFPA) grant totaling more than $350,000 that will enable …
