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

R&SA 9 Month Results Show Progress; $248 Million Loss

The U.K.’s Royal & Sun Alliance may be on the way to proving that smaller is better. After a radical restructuring, which included the disposal of most of its U.S. business, and a £960 million ($1.6 billion) infusion of new …

E.L.M. Offers Liability ‘Suite’ For Small to Mid-Size Businesses

Los Angeles-based E.L.M. Insurance Brokers Inc., a specialist in professional liability, targets small to mid-size businesses with its “professional liability suite of products,” which includes liability coverage for employment practices, directors & officers, entity (optional) and fiduciary. The “suite” is …

$1.5 Million, 50,000 Volunteer Hours Donated During IICF Bridgeweek

The insurance industry in the East Bay put down their pencils and put on their work clothes again this year in celebration of the Insurance Industry Charitable Foundation’s Bridge Week. Teams of volunteers from local insurance agent’s offices and companies …

WCIRB Releases Report on Q2 Insurer Experience

The WCIRB has compiled a summary of insurer reports of loss and premium experience valued as of June 30, 2003. The report is based on data reported to the WCIRB by insurers who wrote approximately 99 percent of statewide 2002 …

Crawford & Co. Names New Executive VP for Risk Management Services

Atlanta-based Crawford & Company announced that Annette Sanchez has been named executive vice president of Risk Management Services (RMS), effective immediately. Sanchez joined Crawford in early 2003 as vice president and national sales manager of RMS. Prior to joining Crawford, …

CDS Unveils Fla. Windstorm Mitigation Credit Maps

CDS Business Mapping, LLC a provider in online hazard mapping, has released its Florida Windstorm Mitigation Credit Maps. This is a set of three digital maps for insurers to meet the requirements for the new Florida Windstorm Mitigation Credits program …

IDP Unveils New Web Site

Pennsylvania-based IDP has redesigned its Web site (www.idpnet.com) for easier navigation and quicker access to more information on its line of P/C insurance technology products and services. The site has an expanded front screen press area to update visitors on …

ACORD Details 2004 Awards Program

The ACORD Awards will be given out at the ACORD LOMA Insurance Systems Forum, May 23-25, 2004 in Las Vegas, and the Awards will reportedly focus on outstanding achievements for implementations that highlight business value, business opportunities, and trading partners. …

Insurers Urge NAIC to Openly Discuss Market Conduct Pilot Project Before Moving On

The property/casualty industry has called on the National Association of Insurance Commissioners (NAIC) to make time on its winter national meeting agenda next month to have a cost-benefit discussion about Phase II of its market conduct annual statement pilot project. …

Progressive Survey Says Teens, Adults Both Confused About Auto Insurance Basics

In a recent online survey of 1,000 teens and 1,000 adults, the Progressive group of companies reportedly found that adults were no more knowledgeable about how their auto insurance works than were teens. “While the adults scored better in some …