January 28, 2002
On Jan. 3, French reinsurer SCOR Group launched the second installment of its innovative Atlas Re catastrophe bond, with technical analysis and parameters provided by Newark, Calif.-based Risk Management Solutions (RMS) and placement by Goldman Sachs. A portion of the …
January 28, 2002
The news burst suddenly, but not entirely unexpectedly, on the insurance industry. Confirming earlier reports, the 18-member Council of Lloyd’s issued a series of proposals to drastically restructure the way the 300-year-old market does business. If adopted, unlimited liability would …
January 28, 2002
After vetoing SB 71 last fall, California Gov. Gray Davis made a pledge that he would reach out to legislators and others to comprise a reform bill addressing workers’ compensation. Now, it appears Davis and legislative leaders have formulated a …
January 28, 2002
Cartel Marketing and TurboCoverage, Inc., providers in dealer point-of-sale auto insurance, have formed a new company to provide online insurance to carbuyers in dealerships. The new company is called Expresslink Inc.,www.explink.com. ExpressLink’s insurance platform leverages the strength of Cartel’s 20-year-old …
January 28, 2002
The Oregon Department of Consumer and Business Services, Insurance Division, will hold a public meeting Tuesday, Feb. 19 to discuss the testing program for insurance licenses. Among those in attendance will be officials from the Division and representatives of Experior …
January 28, 2002
San Francisco-based USI Holdings Corporation announced that its Chairman and CEO since its founding in 1994, Bernard H. Mizel, is retiring from USI and will be succeeded by David L. Eslick, who has been President and COO since July 1998. …
January 28, 2002
With the installation of Joseph Hernandez as president, the West Coast’s largest regional trade association of independent agents and insurance brokers will enter a new era where the insurance industry and political landscape more accurately reflect the racial and cultural …
January 28, 2002
DWL Incorporated, a provider of Unified Business Services software, has released version 2.0 of DWL Insurance for Property & Casualty Agent/Broker Application. The application is the only one of its kind enabling self-service transactions for agents and brokers on an …
January 28, 2002
An informative Agents Council for Technology (ACT) seminar on new and innovative agency technology is now available on the Independent Insurance Agents of America’s (IIAA) web site. The online offering is a PowerPoint presentation and audio recording of a seminar …
January 28, 2002
The St. Paul Companies appointed Andy Bessette as senior vice president and chief administrative officer. Bessette will oversee Administrative Services, Corporate Communications, Community Affairs, Government Affairs and Telecommunications. He will report to Jay Fishman, chairman and chief executive officer. Bessette …