Texas Insurance Commissioner Jose Montemayor offered Texans effected by Hurricane Claudette some basic, common sense steps to take, and mistakes to avoid, as they attempt to receive a prompt and fair settlement from their insurance company. “People who need help …
Schaumburg, Ill.-based Zurich North America has announced enhancements to the automobile risk processing, risk processing tools and documents sections of its eZSB website for agents that write business for small businesses. eZSB gives agents and producers the ability to quote, …
Itasca, Ill.-based brokerage giant Arthur J. Gallagher & Co. reported its financial results for the three- and six-month periods ended June 30, 2003. “We are extremely pleased with the pretax margin improvements seen in our Brokerage segment during the second …
Steve Smailes (ssmailes@nisinsurance.com) has joined Woodland Hills, Calif.-based National Insurance Solutions as vice president of sales. Smailes is responsible for business development and marketing, carrier relations as well as developing and managing the sales force at NIS. His business development …
XL Capital Ltd announced that it has acquired the keys to offices at 70 Gracechurch Street, London, EC3, which will become its new London headquarters. XL is to move to the new premises in the summer of 2004, consolidating its …
Safeco Business Insurance has expanded its online sales platform to make it faster and easier for agents to sell commercial auto insurance to small businesses. The platform, called ESP(TM), allows agents to quote, bind and instantly issue commercial auto policies …
Three statewide insurance trade associations won a preliminary ruling today by the Superior Court of California enjoining the California Department of Insurance from implementing a new set of amendments to the Fair Claims Settlement Practices Regulations scheduled to take effect …
California Insurance Commissioner John Garamendi released the following statement in response to State Compensation Insurance Fund’s recent audit: “Since taking office in January I have worked to address the growing workers’ compensation system crisis. More compelling evidence of that crisis …
A.M. Best Co. has assigned an initial financial strength rating of “A+” (Superior) to Nichido Insurance Company (Pacific) Limited, (Nichido Pacific), Guam. The outlook is negative. Satisfying A.M. Best’s reinsured rating criteria, the rating is based on the financial strength …
Lloyd’s of London chairman Lord Levene will file a submission soon seeking approval to establish an on-shore reinsurance branch in China. Having an on-shore presence would allow Lloyd’s to reinsure local currency business, providing Chinese insurers with full access to …
