February 5, 2002
Judging from a report by Xinhua, the official Chinese news agency, the insurance market in the People’s Republic is thriving with total income for 2001 of 210.94 billion yuan ($25.5 billion), a 32.2 percent increase over 2000’s results. The agency’s …
February 5, 2002
February 5, 2002 CIGNA International announced a cooperation agreement with global medical management and security assistance provider International SOS to provide expatriate employees and their families instant access to a unique new service that features an expanded global network of …
February 5, 2002
Boston-based OneBeacon Insurance Group, a wholly owned subsidiary of White Mountains Insurance Group, Ltd. announced the appointment of two new members to its field management team. Both will report to John Cavoores, President and Chief Operating Officer of OneBeacon. Bill …
February 5, 2002
Pennsylvania-based Donegal Group Inc. announced that it expects a fourth quarter operating loss of between $.03 and $.08 per share on a diluted basis resulting in operating income for the full-year 2001 of between $.69 and $.74 per share on …
February 4, 2002
Insurance scores provide companies an objective and unbiased underwriting tool, Sam Sorich, vice president and western regional manager of the National Association of Independent Insurers (NAII) explained last week during a Nevada symposium on credit-based insurance scores. “Studies and statistics …
February 4, 2002
Jon Farber, assistant vice president of Global Technology Underwriting for The St. Paul Companies, commented during a meeting of insurance professionals and risk managers at the Insuring E-Business Summit in San Francisco on Jan. 31 that any company doing business …
February 4, 2002
A new investigation by the Bureau of Automotive Repair (BAR) reveals widespread billing fraud and repair defects have continued across California, according to the Los Angeles Times. The 18-month investigation spawned last summer, due to escalating evidence of collision repair …
February 4, 2002
The Risk and Insurance Management Society, Inc. (RIMS) has launched its new online registration for the 40th RIMS Annual Conference & Exhibition. The new registration process is designed to make registering for the conference as fast and simple as possible. …
February 4, 2002
An active federal government role in the modernization of insurance industry regulation is more likely with the addition of yet another key industry group to the policymaking effort, according to the American Insurance Association (AIA). “The Independent Insurance Agents of …
February 4, 2002
American International Group, MarketScout and The National Alliance have teamed up to provide special insurance capacity and services for Certified Insurance Counselors via CIC Select at www.cicselect.com. CIC Select was created to connect AIG to the Society of Certified Insurance …