Richard Swoy, chairman of Superior Access Insurance of Irvine, Calif. announced the addition of an “A++ XV” Superior A.M. Best rated carrier offering professional liability coverage nationally. Quotes are available on-line and applications can be downloaded on a 24-hour basis. …
Texas Mutual Insurance Co. announced it will update its website beginning December 27, 2002. The site will retain its current Web address at texasmutual.com; however, it will present a new look and improved navigation features. Texas Mutual said it surveyed …
Bermuda-based Trenwick Group Ltd. announced that it has entered into definitive final agreements with its Lloyd’s letter of credit providers with respect to the renewal of $182 million of letters of credit supporting Trenwick’s Lloyd’s underwriting operations. With additional capital …
Global IT solutions provider Sapiens International Corporation announced that the IBM WebSphere Portal(a) is now available as an optional front end to its INSIGHT family of insurance products. Sapiens Policy INSIGHT, its policy administration solution for the property/ casualty insurance …
The Kemper Insurance Companies reached an agreement-in-principle with Berkshire Hathaway Inc. subsidiary National Indemnity Company, under which National Indemnity will provide a cut-through endorsement on policies issued under the agreement beginning January 1, 2003. According to Kemper, these policies will …
Union Bank of California, headquartered in San Francisco, acquired San Diego-based John Burnham Insurance Services of San Diego. The purchase, according to the San Diego Daily Transcript, ends the longest run in the city for an independently owned insurance brokerage. …
The Kentucky Medical Association (KMA) and the Kentucky Hospital Association (KHA) notified state leaders that the University of Louisville School of Medicine’s OB/GYN Department may lose its liability insurance coverage as of January 1, 2003. According to the KHA, if …
After a woman’s car rear-ended a trash trailer on the side of the road in Houston, an ambulance arrived on the scene to find Ronald J. Dawson sprawled nearby in the grass. He claimed that the trailer had knocked him …
Oklahoma Insurance Commissioner Carroll Fisher obtained a temporary court order placing Fairway Employment Services into receivership. According to the insurance department Fairway, along with a number of affiliated companies, had been acting as an unlicensed insurance company. In October, Fisher …
Pennsylvania Insurance Commissioner M. Diane Koken announced that two new medical-malpractice insurance entities—Pennsylvania Health Providers Reciprocal Exchange of Harrisburg and United Central PA Reciprocal Risk Retention Group of Harrisburg—have been approved to enter the Pennsylvania marketplace. “These two new entities …
