Allen Beggs, president and co-founder of QualCorp, Inc. announced that W.F. Clayton of Hackensack, N.J., will be licensing the FormsPlus XP for its office. W.F. Clayton will use FormsPlus XP to issue the following lines of commercial insurance policies: auto …
Use of credit-based insurance scores, regulatory reform, medical liability and auto repair issues were among the most significant bills considered during the 2003 regular legislative session in Nevada, which concluded earlier this month. Nevada joined other states this year in …
Richard Kerr, CEO of Dallas-based MarketScout recently addressed a question many people have asked, “Is the Market Really Turning?” Below are his thoughts. Is the market really turning? No one knows for sure, but it is clear property rates are …
The New Jersey Young Insurance Professionals elected Charles J. Caruso, CPIA, assistant VP of Herbert L. Jamison & Co. LLC in West Orange, as the association’s new president at their recent meeting, held during the Professional Insurance Agents of New …
Holyoke Mutual Insurance Co.’s announcement that it will exit the auto insurance business and has entered into an arrangement to transfer all of its Massachusetts auto insurance business to Plymouth Rock Assurance Corp. (See IJ Website June 19), will leave …
The Insurance Bureau of Canada announced that “is pleased that New Brunswick’s government is taking concrete action to stabilize auto insurance rates,” following a decision to cap pain and suffering awards for minor personal injuries at C$2,500 (US $1860) as …
Dutch regulatory authorities, the Nederlandse Mededingingsautoreit (NMa), has launched an investigation of the country’s insurers for possible anti-competitive practices. Although the probe will examine the entire industry, so far only Delta Lloyd, a subsidiary of the U.K.’s Aviva Plc, has …
AFLAC’s duck may have some competition from Bermuda’s XL Capital Ltd. The company announced that its current television campaign has won international recognition in the US business film and video advertising industry. The 45-second production, which currently airs on CNN …
A.M. Best Co. announced that it has affirmed the financial strength rating of ‘A’ (Excellent) of International Insurance Company of Hannover Limited (Inter-Hannover), the London-based general insurer and reinsurer, which is a subsidiary of Germany’s Hannover Re. It has assigned …
In an in depth interview with Reuters News Agency, Swiss Re CEO, John Coomber said that the ongoing decline in equity values, coupled with low interest rates and the weakness of the U.S. dollar will continue to be a drag …
