July 7, 2003
The 39th annual seminar of the International Insurance Society (IIS), hosted by the Insurance Information Institute, is scheduled to be held July 13-16, at the Waldorf-Astoria in New York. Among the issues to be discussed by many of the world’s …
July 7, 2003
The commercial property/casualty industry is on the threshold of an “adapt or perish” decision when it comes to underwriting automation, according to a study from Conning Research & Consulting, Inc. The study, “Executing Commercial Underwriting Automation—It’s Only a Tool,” finds …
July 7, 2003
Farmers Insurance Group announced it has filed for a rate reduction with the Nevada Department of Insurance on all homeowners business in the state of Nevada. If approved by the department, beginning with Sept. 16 renewals, many of Farmers’ customers …
July 7, 2003
Sheppard, Mullin, Richter & Hampton announced that after nearly seven years of litigation, in a seven-month trial, its trial team, headed by Gregory A. Long, and with Fred Puglisi, Phil Atkins-Pattenson, Jim Burgess, and Justine Casey, obtained a decision on …
July 7, 2003
The Professional Insurance Agents of New Jersey Inc. commended the state Senate for its unanimous passage of legislation to help to ensure agents’ ownership and commission rights are continued when an insurance company transfers its policy obligations to a new …
July 7, 2003
When Governor James E. McGreevey signed The New Jersey Automobile Insurance Competition and Choice Act (S-63/A-2625), he launched another effort aimed at solving the state’s automobile insurance crisis. This time, however, unlike past efforts at “reform,” it may actually begin …
July 7, 2003
Ride mass transit in California, walk into a store in Texas, step on a plane nationwide, and you will see two languages displayed in many instances. With an ever-growing Hispanic population across the country, this trend will likely grow. As …
July 7, 2003
Standard & Poor’s rating service has reportedly downgraded French reinsurer SCOR Group. The decision, which an S&P spokesman said would be made public soon, brought a statement from SCOR management that it “regrets” the decision. “This decision does not reflect …
July 7, 2003
ISG International Inc., the managing general agency for the CCBsure® insurance program, is offering stable market alternatives to California agents and brokers searching to place hard to find workers’ compensation coverage. Specifically, the CCBsure program offers specialized insurance coverage for …
July 7, 2003
Mi Limited announced its entry into the North American insurance market with the opening of an office on Wall Street, New York City. Mi provides internet-based software solutions to the commercial insurance sector. It counts amongst its users Aon, HSBC, …