December 19, 2001
California-based Extreme Networks Inc. announced that Scottsdale Insurance Company, a part of Nationwide® company, and a provider of excess and surplus (E&S) insurance, has implemented Extreme Networks’ Ethernet switching solutions to support its vision for the paperless office. Scottsdale Insurance …
December 19, 2001
Fitch has recently published research covering Seattle-based SAFECO Corporation (SAFECO) and insurance subsidiary, SAFECO Life Insurance Company (SAFECO Life). The reports, available at www.fitchratings.com, detail Fitch’s rating rationale and expectations for SAFECO’s fixed income ratings, SAFECO Life’s insurer financial strength …
December 19, 2001
Assembly Insurance Chair Thomas M. Calderon won the support of the California State Council of the Service Employees International Union (SEIU) in his bid to win next year’s California Insurance Commissioner race. Labeling him “a strong advocate for workers and …
December 19, 2001
Cover-All Technologies Inc., a provider of technology-based solutions for the property and casualty insurance industry, introduced the Insurance Policy Database (IPD), an open architecture data repository. IPD will give Cover-All clients access to current and historic policy data for reporting, …
December 19, 2001
The Certified Automobile Parts Association (CAPA)’s recent decision to require all certified parts to pass its stringent Vehicle Test Fit (VTF) will increase the market demand for high-quality replacement parts. “This recent decision is a smart move by CAPA,” commented …
December 19, 2001
Responding to the need by National Association of Mutual Insurance Companies (NAMIC) members and the industry for late breaking information regarding the terrorism debate on Capital Hill, and because NAMIC believes that it is highly likely that legislation will be …
December 19, 2001
Negative trends in the U.S. Personal Lines Insurance Industry, such as the deterioration in earnings, capitalization, and pricing adequacy, could begin to see a turn around in 2002, Standard & Poor’s points out in a new report. According to Charles …
December 19, 2001
University Park, Ill.-based Applied Systems®, a provider of automation solutions to the property and casualty insurance industry, announced that Grange Insurance Group has chosen Applied’s PC-based policy processing solution the Diamond System. Grange Insurance Group, headquartered in Seattle, Wash., selected …
December 19, 2001
Retailers Fund, the workers’ compensation insurance program of the Michigan Retailers Association (MRA), plans an overall rate cut of 3.51 percent for 2002. The rate cut, the fifth such reduction in nine years was approved by the fund’s Board of …
December 19, 2001
Australia’s QBE announced that it has acquired Reliance National Brasil Seguros, S.A. and has renamed the company QBE Brasil Seguros, S.A.,headquartered in Sao Paulo with a branch in Recife, one of the main business centers in the Northeastern Region of …