May 28, 2003
Fair Isaac Corporation announced availability of XML Manager For Insurance version 2.1, based on Fair Isaac Blaze Advisor rules management technology. The new release supports the 1.2 release of the ACORD SPX standard and helps carriers and agents more easily …
May 28, 2003
San Rafael, Calif.-based Fair Isaac Corporation and Software AG Inc. announced a marketing partnership in the area of XML data integration and processing. By working together, the companies make it easier for insurers to integrate and use ACORD SPX standards …
May 28, 2003
Zurich North America Small Business announced a new Direct Bill Web site on zurichna.com. The new site gives agents and brokers direct online access to their customers’ billing information, including the status, current balance, last payment, current amount due, next …
May 28, 2003
Patrick James Murphy, 45, of Norco, pled no contest in Los Angeles Superior Court, on May 15, to 39 felony counts, including grand theft and elder abuse. Superior Court Judge David Horwitz sentenced Murphy to four years in state prison …
May 27, 2003
Floridians for Quality Affordable Healthcare released a report concluding that $250,000 cap on non-economic damages in medical malpractice cases would have saved 25 percent of nearly $1.2 billion in malpractice settlements and awards paid in Florida in just three years. …
May 27, 2003
Standard & Poor’s Ratings Services announced that it has assigned its ‘A’ insurer financial strength and counterparty credit ratings to Stein Insurance Co. (Jersey) Ltd., a Channel Islands-based captive insurer of Australia’s BHP Billiton Ltd. group, with a “positive” outlook …
May 27, 2003
The Insurance Bureau of Canada has released estimates that the rain storms that swept across the country’s Atlantic region on April 1st caused $14.3 million in insured damage to cars, homes and other properties. “It was a devastating week,” stated …
May 27, 2003
The Hartford Financial Services Group, Inc. has released a bulletin indicating that the public offerings, announced on May 14, have been completed, raising gross proceeds of approximately $1.95 billion. “About $1.1 billion of the funds were raised from 24.2 million …
May 27, 2003
A.M. Best Co. announced that it “has placed the financial strength rating of A- (Excellent) of the Prudential Property and Casualty New Jersey Group (PruPac New Jersey Group) (Newark, NJ) and its affiliated companies under review with negative implications.” The …
May 27, 2003
The Professional Insurance Agents of New York State Inc. met with representatives of New York Central Mutual Insurance Co. on May 22, as part of its continuing “Company Outreach Program.” The discussion topics included the need to get tougher on …