Monthly Archives: <span>June 2003</span>

Royal & SunAlliance Sells RSUI to Alleghany

Royal & SunAlliance USA announced the sale of Royal Specialty Underwriting Inc. (RSUI), its Atlanta-based excess and surplus lines business, to Alleghany Insurance Holdings LLC, a subsidiary of Alleghany Corp., for approximately $115 million. The transaction is expected to close …

13 High-Accident Detroit Intersections Targeted for Improvements

AAA Michigan, the City of Detroit, Wayne County and Michigan Department of Transportation will share the costs of a joint road improvement project that is designed to bring badly needed safety enhancements to two of Detroit’s most congested corridors. The …

ABD Insurance Services Offers Advanced Employee Benefits Technology

ABD Insurance and Financial Services announced the availability of ABDConnect, a self-service, online employee benefits and HR communications tool that enables employers to deliver vital information and functionality to their employees. Through an exclusive partnership with Enwisen’s HR and employee …

NITF Takes on Pair of New Members

Zurich North America and the Louisiana Department of Insurance have joined the NeighborWorks® National Insurance Task Force (NITF). Convened by the Neighborhood Reinvestment Corporation in 1994, NITF works to develop partnerships between the insurance industry and community-based organizations. “Insurers and …

N.J. Gov. McGreevey Signs Auto Reform Bill; AAI Optimistic Further Changes Can Be Accomplished

While commending New Jersey Gov. James McGreevey (D) for signing into law on Monday important auto insurance reform legislation, the Alliance of American Insurers (AAI) warned those who want to attract and keep good auto insurance companies in the state …

NIP Forms Group Self-Insurance Management Division, Appoints Pair of Senior Executives

National Insurance Programs (NIP) has formed a new division to focus on the development and management of self-insurance vehicles for business groups. NIP has appointed Barry Barron, division president and Lyn Winters, vice president/chief underwriting officer of the division’s healthcare …

State National Specialty Gains Authorization in 41 States

State National Companies recently announced two additional authorizations for State National Specialty Insurance Company (SNS). In April, the state of Maine granted SNS approval to write fire, allied lines, inland marine, other liability, auto liability and auto physical damage. Colorado …

Undercover Ops Attack Calif. Med-Legal Mills

Six people suspected of participating in medical-legal mills in the Sacramento area have been arrested after a two-year undercover investigation by the California Department of Insurance (CDI) Fraud Division, Sacramento County District Attorney’s Office, the California Highway Patrol, the Federal …

Simple Premium Concentrations Represent Straightforward Targeting Technique

Narrowly-focused, carefully defined target markets can produce a host of benefits for insurance carriers, was the message for those attending a seminar on Target Marketing held recently in Chicago. According to Dr. Fritz Yohn of MarketStance, a market definition method …

Atlatl Unveils ConsumerArts Internet Comparison Rating

Durham, North Carolina-based Atlatl announced the availability of ConsumerArts, an internet based North Carolina comparison rating system designed specifically for use by Independent Agents. Atlatl has been a technology leader in rating systems since 1981. Atlatl provides insurance proprietary point …