Farmers Insurance Exchange and Truck Insurance Exchange began serving summons and complaints July 16 upon a Contra Costa County, Calif. body shop and its owners, accusing them of taking part in a large scale scheme designed to defraud the companies’ …
Gary Mendoza, Republican Nominee for Insurance Commissioner, has criticized John Garamendi’s attempt to reportedly create more political patronage positions in the Department of Insurance. A column in the July 15 Sacramento Bee newspaper by Dan Walters reportedly indicates that Garamendi …
Allied World Assurance Holdings, Ltd. announced that its Irish resident subsidiary, Allied World Assurance Holdings (Ireland), Ltd. has completed the acquisition of Commercial Underwriters Insurance Company and Newmarket Underwriters Insurance Company from Swiss Reinsurance American Corporation. The two companies are …
The world’s oldest underwriter, Lloyd’s of London, announced its intention to unveil final details of a plan to modernize the world’s oldest insurance market. According to Reuters, however, those plans will first be revised to appease the market’s wealthy controlling …
W. R. Berkley Corporation appointed John S. Diem as the president of its subsidiary, Berkley Underwriting Partners, LLC, a management company that oversees managing general underwriter (MGU) program business. Diem, 55, has more than 20 years of experience in the …
Aon Corporation announced that Combined Specialty Group, Inc. (CSG) has acquired Sheffield Insurance Corporation from Vesta Insurance Group. Aon Capital Markets acted as advisor to CSG in connection with the transaction. Sheffield, a non-admitted insurer, will be renamed Combined Excess …
Insurance Services Office, Inc. (ISO) has expanded ISO IntegRater™ to deliver commercial-auto advisory loss costs and rating factors so insurers can directly incorporate the information into their rating and policy-issuance systems. Insurers use ISO commercial-auto loss costs and rating factors …
Travelers Property Casualty has launched a new electronic policy view capability to help its independent agents go paperless. The capability allows agents to access, view, print and save commercial insurance policies in real-time. Electronic policy view, called EPV, is yet …
The Alabama Department of Insurance will begin setting up temporary offices for its customer service division in various locations across the state in an effort to educate consumers about services available through that division. The tour is due to begin …
Assurex Global appointed Dallas Partner Karen Farris as chairman of the international insurance brokerage group’s 2002 Board of Directors. Farris, president and CEO of Dallas-based Roach Howard Smith & Hunter, will serve as Assurex chairman through October 2002. Joining Farris …
