Monthly Archives: <span>January 2003</span>

Restructuring Efforts Positive for eAutoclaims

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 …

Broker Course Highlights Integration Benefits Offered by DMEC

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 …

SCDOI to Send Notice of Producers’ Administrative Fee

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 …

Dorman Consulting Associates Holds P/C Related Seminars in Chicago

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 …

Conning Reports P/C Insurers’ Reserve Deficiency More Than Doubles From a Year Ago

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 …

New BCBS Survey Points to Impact of Med-Mal Crisis

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 …

Zurich North America Environmental Makes Deal to Purchase Renewal Rights for Kemper’s ECB

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 …

GE Commercial Realigns Pair of its Businesses

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 …

Fitch Says Personal Lines will Fare Better than Commercial

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 …

Kemper Makes Renewal Deal with Old Republic for Large Risk National Accounts

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 …