December 24, 2001
One of my fondest childhood memories is being mesmerized for the first time by the film “2001 A Space Odyssey,” which contained a vision of the future regarded now as not so much uncommonly accurate as outrageously bold and imaginative. …
December 24, 2001
Ringing in the New Year, the California Insurance Wholesaler Association will hold its 7th Annual Wholesaler Industry Day on Jan. 11-12, 2002, at the Hilton La Jolla Torrey Pines Hotel in San Diego. Following registration on both Thursday and Friday, …
December 24, 2001
New Jersey-based Nekema Inc. and Ohio-based Insure-Point.com Inc. finished up plans to merge before the end of the year. Company officials recently announced that the newly combined company will operate under the Nekema name and will be based out of …
December 24, 2001
Investigators from the California Department of Insurance Criminal Investigations Branch’s Fraud Division arrested a husband and wife recently for workers’ compensation premium fraud. Richard and Janey Bonet were arrested at their home and booked into the West Valley Detention Center. …
December 24, 2001
To make the holidays more meaningful and personal after the tragedy of Sept. 11th, California-based 21st Century Insurance Company decided to let their employees and policyholders participate in choosing charities to receive a corporate gift. To kickoff the special season …
December 24, 2001
San Diego-based ConfirmNet Corporation, developer of the CertificatesNow online insurance certificate service, has completed its Series C Preferred Stock financing totaling $5.25 million. Led by Elton Participation Corporation, ConfirmNet raised $4 million in early summer 2001 and elected to keep …
December 24, 2001
Insurance Network Services Inc., a claims handling company, announced it has launched AppraisalTime(TM) (patent pending), an online appraisal scheduling program. The new program enables customers to set online appraisal and adjustment appointments, streamlining appraisal and claim-adjusting processes. AppraisalTime(TM) also allows …
December 24, 2001
A unique safety belt reminder system installed in late model Ford passenger vehicles has increased driver belt use from 71 to 76 percent, a new study conducted in Oklahoma has found. Ford’s reminder system differs from the one required by …
December 24, 2001
In response to no Congressional action being taken on federal terrorism reinsurance legislation died in 2001, Ken Crerar, president of The Council of Insurance Agents + Brokers, stated that the move was a disappointment to the insurance industry. Last week, …
December 24, 2001
The political stalemate that resulted in Congress’ failure to implement a federal terrorism insurance backstop could stifle an economic recovery and shifts the pressure for handling such risks to state regulators. The federal government’s delay in addressing the issue leaves …