Steve Ward has been named Executive Vice-President, Commercial Division of Royal & SunAlliance USA responsible for Commercial Segments. He was formerly Senior Vice President for the Manufacturing Business Group. “I’m pleased to be a part of the Commercial Division and …
ManagedComp Inc., a Woburn, Mass.-based national worker’s compensation underwriter and third party administrator, plans to distribute $5,432,000 in surplus to four self-insurance groups (SIGs) in Massachusetts. ManagedComp has administered and managed workers’ compensation claims for the groups since 1989 distributing …
The Catastrophe Risk Exchange Inc. (CATEX), a New York-based technology provider for the insurance industry, announced the 1800th transaction has been executed on its global trading systems. CATEX indicates that the 1800th trade was completed late last week on a …
The Tampa Bay Buccaneers’ home arena, Raymond James Stadium, lost its insurance, and according to Associated Press reports, it will likely have to pay much more for new coverage due to heightened terrorism concerns from the Sept. 11 attacks. The …
Insurance Commissioner Jose Montemayor revealed his intention to issue a rule preventing insurance companies from using past water damage claims as the sole basis for denying homeowners insurance in Texas. Montemayor made the remarks during testimony at a Senate Insurance …
Docucorp(R) International, a Dallas-based provider of enterprise information solutions to insurance and other industries, announced record revenues of $72.6 million and record net income of $6.0 million for fiscal year 2002. Revenues for fiscal year 2002 increased 15 percent as …
Zurich North America announced that James D. Engel has been named to the position of executive VP for Customer Services, taking on the combined responsibility for the company’s claims organization, as chief claims officer, and as head of the risk …
California-based InsWeb Corp. a producer of automobile insurance in the U.S., has introduced the InsWeb Auto Insurance Index. The InsWeb Auto Insurance Index is designed to identify and track general pricing trends of personal auto insurance sold through the Internet. …
Quotesmith.com announced the launch of a brand new homeowner insurance price comparison service for residents of California. The California debut includes an initial lineup of six leading insurers that are now immediately available at www.quotesmith.com. More insurance companies will be …
An Oakland woman was arraigned as a result of an investigation by the California Department of Insurance Criminal Investigations Branch’s Fraud Division. Jeanette Deran, 52, surrendered to the Alameda County Superior Court on a $70,000 arrest warrant charging her with …
