March 18, 2003
Massachusetts-based Xcipio, announced that Burns, Brooks & McNeil, headquartered in Torrington, CT, one of New England’s largest independent insurance agencies, has implemented its XcelerRator(TM) system “to provide the company and its six branch offices with web-based, single-entry access to multiple …
March 18, 2003
Chicago-based Hub International Limited announced today that its New York City-based wholesale insurance unit, Program Brokerage Corporation (PBC), will offer its network of over 1200 producers access to Professional Liability insurance for their retail clients. Maria A. Treglia has been …
March 18, 2003
St. Patrick’s Day in Trenton NJ took on a decidedly political character as supporters of proposals to change the state’s restrictive automobile insurance regulations gathered at the state capital both inside and outside the legislature to push for reforms they …
March 18, 2003
A.M. Best Co. announced that it has affirmed the financial strength rating of B++ (Very Good) of Japan’s Fuji Fire & Marine Insurance Company Ltd. with a stable outlook, and the A+ (Superior) financial strength rating of New Zealand’s Accident …
March 18, 2003
Royal & Sun Alliance Insurance Company of Canada announced an agreement with Expert Travel Financial Security Inc. (ETFS), described as a specialist in “added-value niche health and travel insurance program management, in Canada and around the world,” to provide travel …
March 18, 2003
ACE USA announced that Ravi Nathan has been named Sr. VP – Global Weather, a new division within the company. He will report directly to Ed Zaccaria, president of ACE USA Specialty P&C Group. “Based in Philadelphia, Nathan is responsible …
March 18, 2003
Personal computer owners who filed loss claims in 2002 were nearly five times more likely to have experienced accidental damage than theft, according to a survey released by Safeware, The Insurance Agency Inc. Accidental damage accounted for 72 percent of …
March 18, 2003
Sky Financial Group Inc., the Bowling Green, Ohio-based corporate parent of Sky Insurance, has announced that it has sold $50 million in subordinated notes. The notes were issued and sold in a private offering pursuant to an applicable exemption under …
March 18, 2003
Oldsmar, Fla.-based eAutoclaims Inc., which provides online claims management solutions for the auto insurance industry through both an application services provider (ASP) and outsourcing services, achieved profitability during February of 2003, the first month of its third fiscal quarter. According …
March 18, 2003
Acknowledging that his state has yet to enact strong measures to combat insurance fraud, Alabama Insurance Commissioner Walter A. Bell released the following statement in support of such anti-fraud legislation: “Insurance fraud is nothing new; even so, it must be …