March 14, 2003
The Hartford Financial Services Group has sped up the process for AMS systems users to handle large amounts of schedule data as part of the application and rating process for middle market business. A provider in using technology to enhance …
March 14, 2003
Standard & Poor’s has assigned its ‘R’ financial strength rating to Washington Casualty Co. upon its placement into receivership by Thurston County Superior Court. “This rating action follows the company’s filing of an annual statement for 2002 that showed its …
March 14, 2003
Rodger Lawson, president of the Alliance of American Insurers (AAI), issued the following statement upon House passage Thursday of the “Help Efficient, Accessible, Low-Cost, Timely Healthcare (HEALTH) Act of 2003” (HR 5): “The Alliance of American Insurers is very encouraged …
March 14, 2003
The Department of Risk Management and Insurance (RMI) at Georgia State University’s Robinson College of Business announced the appointment of Kevin T. Cronin, J.D., as a Professor of Legal Studies. Recognized for his strong knowledge on international insurance, particularly public …
March 14, 2003
Newport Star Reinsurance Company and Accident Insurance Company (AIC) announced they have been approved by the South Carolina Department of Insurance, and are now able to offer property and casualty insurance with a specialization in workers’ compensation for PEOs. Management …
March 14, 2003
High medical malpractice rates were topic of a recent press conference held by the Texas Association of Obstetricians and Gynecologists (TAOG), at which the organization released the results of a survey of patients and physicians that found medical malpractice to …
March 14, 2003
In a highly anticipated preliminary report to the Texas Legislature, Insurance Commissioner Jose Montemayor told lawmakers that some of the state’s 12 largest homeowners insurance companies are charging rates that are too high by as much as 25 percent in …
March 14, 2003
Arthur J. Gallagher & Co. announced the acquisition of Benefits Planning & Insurance Agency, Inc. of Larkspur, Calif. Founded in 1978, Benefits Planning & Insurance Agency (“BPI”) is one of the largest employee benefit brokerage operations in Northern California. They …
March 14, 2003
Insurity Inc., a ChoicePoint® company, announced that its policy administration platform now provides broad support for the Terrorism Risk Insurance Act of 2002 mandates. Insurity has taken a multi-phase approach for delivering this functionality, providing an easy-to-use and efficient way …
March 13, 2003
Determined to counter the economic downturn impacting other companies and to make a difference in the midst of today’s economic slump, AXCESS Insurance and its CEO are expanding their work-force and providing millions of Americans with an opportunity to supplement …