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

SAN Adds New Members

The SAN Group, a Portsmouth, N.H.-based network of independent insurance agencies in New York and New England, announced the addition of three new members during the fourth quarter of 2002. Colonie General Agency Inc. of Latham, N.Y., Target Financial Services …

Insurity, Harco National Enter Licensing Agreement

Insurity Inc., a Hartford, Conn.-based unit of ChoicePoint®, announced a licensing agreement with Harco National Insurance Company, a provider of commercial lines products to truck and auto dealerships and trucking firms, for an upgraded commercial P&C policy administration system. A …

Surviving Today’s Changing Marketplace: Peak Performance Conf. Set for Jan. 30 – Feb. 2

Nestled amidst the snow-capped peaks surrounding Colorado’s Copper Mountain Resort, a select group of insurance professionals will gather Jan. 30 – Feb. 2 to develop the strategy and means to generate higher profits and greater income. Currently there is only …

AAI Promotes O’Brien to V.P.

Frank O’Brien has been promoted to vice president, regional manager and counsel of the Alliance of American Insurers’ (AAI) New England Region. The promotion to vice president “recognizes Frank’s exemplary work in maintaining close relationships with members in his region,” …

Conning Research Says Profits for Personal Auto Insurers Stuck in Reverse

Personal automobile insurers will experience disappointing financial results over the next five years, continuing a pattern of mediocrity dating back to 1993, according to a new study from Conning Research & Consulting, Inc. In the study, “Caution Flag for Personal …

Study by W. Va. Lawmakers: Caps Won’t Lower Med-Mal Coverage Rates

The West Virginia State Legislature has issued a report finding that imposing caps on damages in medical malpractice lawsuits will not reduce insurance rates for physicians, at least in the near future. Following the airing of the report, the Association …

Best Affirms Gerling’s A- (Excellent) Rating for Insurance Operations

A.M. Best announced that it has affirmed the A- (Excellent) financial strength rating of Gerling-Konzern Allgemeine Versicherungs AG (GKA) and its core subsidiaries, Gerling Canada Insurance Company and Gerling America Insurance Company. It confirmed the latter as “core subsidiaries of …

Cobalt Names Lorna J. Granger Sr. VP, General Counsel and Corporate Secretary

Cobalt Corporation has named Lorna J. Granger as its Senior VP, General Counsel and Corporate Secretary, effective February 3, 2003. She will direct the legal staff for Cobalt and its subsidiary, Blue Cross & Blue Shield United of Wisconsin. Granger …

American Commerce Ins. Co. to Use RIS Interface Processing Technology

Ohio-based Results International Systems (RIS), a leading specialist in outsourcing and application services for the P/C Industry, announced that it has provided “a web-enabled graphical user interface (GUI)” to Ohio’s American Commerce Insurance Company (ACIC) for the its AS/400 policy …

Share Repurchase Programs at Progressive, American Medical

Ohio-based Progressive Corporation, the nation’s 4th largest auto insurer, and American Medical Security Group (AMS), a supplier of health care benefits and insurance to small businesses based in Green Bay Wisconsin, both issued announcements concerning their respective share repurchase programs. …