January 16, 2003
Florida-based eAutoclaims Inc. said it is now seeing the anticipated results of the restructuring efforts the company initiated during the first quarter of fiscal 2003. In December 2002, the company reported a total savings of $80,000 for the month, or …
January 16, 2003
San Diego-based Disability Management Employer Coalition (DMEC), a non-profit professional educational association has teamed up with its key sponsors to introduce the first in a series of Continuing Education courses for brokers and agents. The jointly developed curriculum will provide …
January 16, 2003
The South Carolina Department of Insurance announced that during the week of February 5, 2003, the department will mail to all licensed unlimited lines resident and nonresident South Carolina producers a notice for payment of a $35 administrative fee and …
January 16, 2003
Ohio-based Dorman Consulting Associates, which provides product-related seminars to the P/C industry, will offer a 2 1/2 day Product Management Skills and Techniques seminar in Chicago, April 9-11. Another seminar, Pricing and Rate Making in Plain English, will be held …
January 16, 2003
Despite the P/C industry’s best efforts to have rates keep pace with losses, results are deteriorating, according to new study by Conning Research & Consulting, Inc. In fact, Conning estimates that the deficiency has more than doubled from just a …
January 16, 2003
The nation’s medical malpractice insurance crisis is threatening healthcare costs and access to care, according to a new survey of the 42 Blue Cross and Blue Shield (BCBS) companies. Blue Plans believe that because of rising malpractice insurance premiums, some …
January 15, 2003
Zurich North America Environmental has come to an agreement-in-principle to acquire renewal rights to the existing policies of the Kemper Insurance Companies environmental casualty book of business. “We are confident that Kemper’s environmental casualty business will enhance our offerings,” Kenneth …
January 15, 2003
GE Commercial Insurance is realigning two of its businesses, Industrial Risk Insurers (IRI) and Global Asset Protection Services (GAP Services) into one major company. The integration will enable a newly expanded IRI to provide powerful program options: insurance capacity, unbundled …
January 15, 2003
Highlighting the questions on profitability and reserves, Fitch Ratings reports that the commercial line and reinsurance sectors of the domestic property/casualty industry faces greater uncertainty than personal lines, according to a new report published by the ratings agency. In its …
January 15, 2003
The Kemper Insurance Companies has reached a definitive agreement to sell the renewal rights to a significant number of its large risk national accounts to Old Republic Insurance Company, a wholly owned subsidiary of Old Republic International Corporation. “This transaction …