August 2, 2002
CNA Financial Corporation announced that, effective Aug. 26, James Lewis will become the new president and CEO of CNAProperty & Casualty Operations, CNA’s largest operating business. In his new position, Lewis will be responsible for CNA’s worldwide Property & Casualty …
August 2, 2002
Main Street America Group announced that the recent rollout of its homeowner policy change request application online has been well received by its independent agency partners. Main Street America Group’s homeowner policy change request allows agents to change policies via …
August 2, 2002
The Alliance of American Insurers, commenting on the U.S. Senate Judiciary Committee’s hearing on class action reform July 31, renewed its call for approval of the Class Action Fairness Act of 2001 (S 1712). “We hope the Judiciary Committee will …
August 2, 2002
The Hartford Financial Services Group announced its Business Management Group (BMG) will provide agency management expertise to Willis Commercial Network as the latter prepares to expand its U.K. operation throughout the United States, starting in the first quarter of 2003. …
August 1, 2002
Tennessee-based Rackely Systems Inc. promoted Lynn Edwards, a 20-year veteran of the insurance industry, to the newly created position of sales manager for National Accounts. His responsibilities include sales and management of Rackley’s large-scale MGA and retail agency accounts, including …
August 1, 2002
Crawford & Company of Atlanta, a provider of diversified services to the insurance industry, announced a number of cost-cutting efforts that include the elimination of certain positions and salary cuts to top employees. Among the reductions includes the elimination of …
August 1, 2002
Texas Mutual Insurance Company’s will be distributing some $22 million in dividends to qualifying policyholders for 2002 under a plan unanimously adopted by its Board of Directors. As in previous years, the 2002 plan includes an annual component for qualifying …
August 1, 2002
Illinois-based Financial Keyosk has introduced a new technology platform, “Agency in a Box,” which the company says is a turnkey solution that will allow thousands of agents to start their own independent agencies with little more than a computer with …
August 1, 2002
XL Capital Assurance Inc. (XLCA) has received its financial guarantee license from the State of California and opened an office in Walnut Creek. Neil Pack, managing director for West Coast public finance, heads the Walnut Creek office. “XLCA continues to …
August 1, 2002
California Insurance Commissioner candidate and former Insurance Commissioner John Garamendi announced that his campaign committee achieved its fund-raising goal of $1 million by July 1. “We have $1,048,000 cash in the bank and we raised $2,008,383 since the last Feb. …