May 21, 2003
Computer Sciences Corporation announced the availability of new life, annuity, and property and casualty (P&C) insurance software that complies with the company’s new global standard for enterprise integration architecture, CSC e4. Newly released CSC e4-compliant software products for P&C insurers …
May 21, 2003
Standard & Poor’s Ratings Services said that it lowered its counterparty credit and senior debt rating on Pennsylvania-based Harleysville Group Inc. to ‘BBB’ from ‘BBB+’. The outlook is stable. Concurrently, Standard & Poor’s assigned its preliminary ‘BBB’ senior debt, ‘BBB-‘ …
May 21, 2003
The Board of Directors of EMC Insurance Group Inc. has declared a quarterly dividend of fifteen (15) cents per share of common stock payable June 9, 2003 to shareholders of record as of June 2, 2003. This is the eighty-sixth …
May 21, 2003
Zenith National Insurance Corp. declared a regular quarterly cash dividend of $.25 per share on its outstanding shares. The dividend is payable Aug. 14, 2003 to stockholders of record at the close of business on July 31, 2003.
May 20, 2003
Lansing, Mich.-based Accident Fund Insurance Co. of America announced the appointment of Steven C. Hess as executive vice president and general counsel of the company. After 15 years as general counsel of Blue Cross Blue Shield of Michigan and 20 …
May 20, 2003
Cochran, Caronia & Co., investment bankers to the insurance industry, will convene a conference to address critical issues facing the property and casualty insurance industry. The day- ong conference will feature interactive dialogue and analysis on timely issues such as …
May 20, 2003
A report in The Baltimore Sun indicates that Alfred W. Redmer Jr., currently a member of the Maryland Assembly and a sales executive with Benefit Mall, a health insurance provider, has the inside track to be named as the State’s …
May 20, 2003
Insurity Inc., a ChoicePoint® company, headquartered in Hartford, Conn., announced that the American Association of Managing General Agents’ (AAMGA) board of directors has voted to ratify Insurity as a full-fledged Business Services Member. The bulletin noted that “the insurance services …
May 20, 2003
The National Association of Independent Insurers has roundly approved the recent action by the New Jersey Senate in passing a bill that will bring the state in line with the rest of the country by eliminating a requirement that surplus …
May 20, 2003
Online travel insurance provider, InsureMyTrip.com, announced the addition of International SOS to its comprehensive site. The new service “provides medical assistance and transportation to travelers should they experience an illness or injury while traveling anywhere in the world.” InsureMyTrip’s bulletin …