Monthly Archives: <span>September 2002</span>

IRMI Releases Cost Control Manual

International Risk Management Institute Inc. (IRMI) has recently published the Third Edition of 101 Ways To Cut Business Insurance Costs without Sacrificing Protection, a virtual “how to” guide of cost-cutting strategies for every major line of coverage. The book is …

RLI Splits Stock, Increases Dividend

The RLI Corp. board of directors announced a two-for-one stock split during its regularly scheduled August meeting. The split is for shareholders of record as of Sept. 30, 2002, and will be payable Oct. 15, 2002. The split will increase …

CGI Anticipating Acquisition of INSpire Insurance Solutions Operating Assets

INSpire Insurance Solutions Inc. (“INSpire”) announced that CGI Group Inc. and INSpire have signed a non-binding letter of intent under which CGI would purchase INSpire’s operating assets. These business operations would be integrated within CGI and continue to offer complete …

ADP Claims Services Names John Kotsopoulos Vice President of Sales

ADP Claims Services Group, a provider of information services for the insurance, collision repair and recycling industries, announced the appointment of John Kotsopoulos as vice president sales, collision repair services North America. The move further aligns the ADP Insurance Claims …

Transportation

Nuts & Bolts: Swett & Crawford is offering a program for transportation umbrella. Developed for companies with fleets of at least 100 trucks, the umbrella policy covers both short-and long-haul truckers traveling local and/or interstate routes. Designed for traditional freight …

Special Events

Nuts & Bolts: Big “I” Markets, an online market-access program created by the Independent Insurance Agents & Brokers of America (IIABA), is now offering short and long-term event liability insurance that association members in 36 states and the District of …

Physical Damage

Nuts & Bolts: Baldwin Sadler Company has available a program for physical damage. Among the coverage areas available are hazmat commodities, trucks and tractors, trailers and dump trailers, flatbeds and tank trailers, refrigerated food haulers, logging trucks, sand and gravel …

Alcohol and Drug Abuse Treatment

Nuts & Bolts: Union General is offering a program for facilities specializing in care and treatment of drug and alcohol abusers, including for profit and nonprofit centers and halfway houses. Coverage is available for both inpatient and outpatient facilities. General …

Investment Advisors Pro & GL

Nuts & Bolts: Cascade/Amstar is offering a program for investment advisors professional and general liability. The general liability can be written in conjunction with the professional liability. Call for an appointment. Endorsements—Claims Made Form. Dollars: Policy limits of $1 million; …

P&C Insolvency Exposure – 2001 to 2002

When the Sept. 10, 2001 issue of the Insurance Journal carried Demotech’s predictions on the maximum number of insolvencies that would occur in the property and casualty insurance industry over the period Jan. 1, 2002 through Dec. 31, 2002, who …