January 14, 2004
Kansas Insurance Commissioner Sandy Praeger and the Kansas Insurance Department (KID) are preparing for the 2004 Kansas Insurance Institute. This educational institute in Overland Park, Kan., offers a unique opportunity for insurance agents, attorneys and financial examiners to earn continuing …
January 14, 2004
New York City-based commercial lines wholesaler BISYS has acquired St. Louis-based Uhlemeyer Services Inc., a managing general agency that specializes in workers’ compensation. BISYS said the acquisition complements its March 2003 acquisition of California-based Tri-City Brokerage, which marked its strategic …
January 14, 2004
With the economy gaining momentum during the second half of 2003, the number of failed insurance companies declined 21.4 percent, to 22 compared to 28 insurer insolvencies in 2002, according to Weiss Ratings Inc.. Four life and health insurers and …
January 14, 2004
London-based global brokerage Willis Group Holdings announced it has agreed to acquire Kirecon A/S, based in Copenhagen. Terms were not disclosed. Kirecon is a leader in providing reinsurance broking services in Denmark. Willis CEO Joe Plumeri said the acquisition would …
January 14, 2004
A recent national survey by the Mayfield Village, Ohio-based vehicle insurer Progressive found that new car owners know much more about the features of their vehicle than they do about the insurance that protects it, themselves and others. The survey …
January 14, 2004
The Independent Insurance Agents and Brokers of America (IIABA) announced it has hired two new staffers in its public relations office. Jemarion Jones is IIABA’s new manager of media relations. She replaces Kevin Callahan who left IIABA last month for …
January 14, 2004
Intermodal Insurance Co., a Federal Risk Retention Group, recently began providing commercial truck liability coverage. The new insurer has been established by five founding companies engaged in the local cartage of shipping containers. The company’s formation has been spearheaded by …
January 14, 2004
Richard Swoy, chairman of Irvine, Calif.-based Superior Access Insurance Services Inc. has announced that a new specialty program is available to California agents and brokers having problems placing homeowners’ risks and is virtually non-underwritten. Almost every homeowner qualifies under this …
January 14, 2004
With the creation of the Texas Committee on Insurance Fraud, the Texas insurance industry, state and county agencies, and national organizations are pulling together for the first time a coordinated effort to battle insurance fraud. According to the Insurance Council …
January 14, 2004
AIG Global Energy and the Domestic Accident & Health Division of the AIG Companies announced the availability of On-the-Job Accident Protector, an Accidental Death & Dismemberment (AD&D) insurance program for people performing hazardous jobs. On-the-Job Accident Protector provides up to …