September 18, 2002
Caliber Collision Centers announced the expansion of its collision repair operations in North Texas with the acquisition of Streetwerks Collision Center in Corinth, Texas, located northwest of Dallas. Caliber, headquartered in Irvine, Calif. has facilities in California and Texas. It …
September 18, 2002
Nationwide Mutual Insurance Company announced the retirement of Robert A. Oakley, Executive VP and CFO, effective January 31, 2003. He will also retire from the same position at the company’s publicly traded subsidiary, Nationwide Financial Services, Inc. The company also …
September 18, 2002
Michigan-based Meadowbrook Insurance Group, Inc. announced the decision by its Board of Directors to authorize the repurchase of up to 1,000,000 shares, or approximately 3%, of the Company’s common stock in market transactions over the next 24 months. “Meadowbrook is …
September 18, 2002
Ohio Insurance Director Lee Covington has filed a “friend of the court” brief supporting the decision of the Cuyahoga County Court of Common Pleas that refused to certify a class action lawsuit against Mayfield Village-based Progressive Insurance Company. Progressive, the …
September 18, 2002
The American Insurance Association (AIA) is calling upon Gov. Gray Davis (D) to sign a measure that will give California builders the right to repair construction defects. AIA says this measure will reduce the number of lawsuits. “Governor Davis should …
September 18, 2002
The former Commissioner of the Fire Department of New York City was the keynote speaker at the Opening General Session of the 107th annual convention of the National Association of Mutual Insurance Companies (NAMIC), which is running in San Diego …
September 18, 2002
The Hawaii Insurance Division (Division) received the National Association of Insurance Commissioners’ (NAIC) Uniform Regulation through Technology (URTT) Award after completing all 12 of the URTT initiatives. The URTT program is a collection of technology projects that represent a significant …
September 18, 2002
Debbie Cunningham has been appointed vice president at J. Gregory Brown & Company, Inc., an insurance services company with corporate offices in Los Angeles and Newport Beach, Calif. She was previously senior account executive with the Heffernan Group, a northern …
September 18, 2002
Standard & Poor’s indicated that its ratings on Switzerland’s Zurich Financial Services (ZFS) will “remain on CreditWatch with negative implications, where they were placed on Sept. 5, 2002, pending the successful implementation of ZFS’ rights issue.” (See IJ Website Sept. …
September 18, 2002
CIGNA Corporation announced that it has received formal approval to enter the Chinese life insurance market from the China Insurance Regulatory Commission, the first new license issued to a foreign insurer by the Chinese since the country’s accession to the …