Docucorp® International, a provider of enterprise information solutions, announced that Insurance Technology Solutions, Inc. (ITS), an ePolicy company that provides Web-based insurance technology, has developed a compatible interface with Docucorp’s Internet Policy Production System (iPPS). With this new real-time module, …
Marsh Inc. and GenuOne, Inc., a provider of product and technology security services, announced they have entered into an agreement to help businesses safeguard the integrity of their products, brands and intellectual property. Through the use of proprietary product and …
According to Reuters, W.R. Berkley Corp. reported Feb. 5 that it will claim a loss in the fourth quarter as it takes charges to add reserves related to loss-making contracts, along with its exposure to both Enron Corp. and problems …
Tens of thousands of residents of Oklahoma, Kansas and Missouri are still without power after ice storms crippled those states last week, and many thousands of residents are expected to begin filing claims for damage to homes and automobiles as …
Ohio Department of Insurance Director Lee Covington suspended the authority to transact business of five Ohio licensed companies of Highlands Insurance Group on Jan. 30, after determining that further business transactions by the company would be hazardous to policyholders. Highlands …
Liverpool Limited Partnership, a Bermuda-based mutual fund, which owns about one percent of the shares of Italy’s Fondiaria, has asserted that JP Morgan Chase, which just agreed to acquire a 22 percent stake in the company, (See IJ Website Feb.4) …
Lloyd’s of London confirmed analysts’ expectations with its second cash call to syndicate members in four months, asking them to provide an additional £546 million ($802.8 million) to cover Lloyd’s net loss estimates for the period 1998 to 2001, principally …
The U.K.’s Royal & Sun Alliance announced increases in its loss reserves totaling £401 million ($571 million), principally from rising estimates of future asbestos claims, which more than doubled, and indicated that the move would wipe out profits for the …
Responding to concerns that some drivers may think that the Assigned Risk Plan is their only option for auto insurance, New York State Insurance Department Superintendent Gregory V. Serio advised residents of the five boroughs and all New Yorkers to …
According to a report in the Wall Street Journal, ACE and XL may be close to concluding a settlement with Silverstein Properties, the master leaseholder on the destroyed World Trade Center, for around $365 million. The settlement, if it is …
