When it comes to buying and selling insurance, there is a common thread intertwined in all transactions—service. Whether it be the consumer purchasing auto insurance, or the agent securing the coverage on behalf of the customer, when it comes down …
There is a question that goes back-and-forth when it comes to services. Do I get better service from a national company that has numerous products at its disposal nationwide or do I get better service from the local company who …
Eight people were arraigned recently on charges of insurance fraud and assault with a deadly weapon resulting from an ongoing investigation by the California Department of Insurance (CDI) Fraud Division, the California Highway Patrol, and the National Insurance Crime Bureau. …
In an effort to bring medical malpractice liability limits to within reach of Gov. Jeb Bush’s stated preference, the Florida Senate President James King offered a new plan that would limit total non-economic damages to $4 million, according to the …
Clem H. Spalding, who for many years played a major leadership role in the Texas automobile insurance market, was presented the Raymond Mauk Leadership Award Wednesday, July 17, at the Mid-Year Property and Casualty Symposium. Spalding is the sixth recipient …
Standard & Poor’s Ratings Services affirmed its “A+” counterparty credit and senior unsecured debt ratings on Progressive Corp. based on Progressive’s excellent business position, very strong operating performance, extremely strong capitalization, strong liquidity, and strong financial flexibility. Partially offsetting these …
The Chicago-based CNA insurance companies have opened a catastrophe operations center within its Dallas, Texas, branch office for policyholders who would like to submit claims relating to Hurricane Claudette. The designated telephone and fax numbers are: —Voice line: (877) 733-4470 …
Chicago-based brokerage Aon Corp. declared a quarterly cash dividend of $0.15 per common share. The cash dividend is payable on Aug. 18, 2003 to common stockholders of record at the close of business on Aug. 5, 2003. In other news, …
State Auto President and CEO Robert H. Moone released the following statement in response to an SEC schedule 13D filing made today by investor Gregory M. Shepard, who is attempting a takeover of the Columbus, Ohio, insurer. State Auto’s lawsuit …
AXIS Capital Holdings Limited (“AXIS Capital”) announced the appointment of Dr. Karl Mayr as president and CEO of AXIS Re Europe (“AXIS Re”). Dr. Mayr will lead the AXIS Re underwriting team in developing and servicing our European reinsurance clients. …
