Monthly Archives: <span>February 2004</span>

Mo. DOI Finds Insurance Scoring Harms Poor, Minorities; Governor Calls for Ban

Insurers’ use of credit scoring in underwriting and rating personal lines insurance harms poor and minority policyholders in Missouri, according to a study released by the state’s insurance department. The report, Insurance-Based Credit Scores: Impact on Minority and Low Income …

Fitch Notes Travelers Rating Watch Status

On Nov. 17, 2003, Fitch Ratings placed the ‘AA’ insurer financial strength (IFS) ratings of the members of the Travelers Property Casualty Group and the ‘A’ long-term issuer and senior debt ratings of Travelers Insurance Group Holdings Corp. on Rating …

IBM Unveils New Software for Insurance, Banking, Financial Markets Industries

IBM has developed new middleware software designed specifically for the banking, financial markets and insurance industry. The new software solutions will be complemented by services and support from IBM as well as industry-specific applications software from thousands of independent software …

This Week Marks 105th Birthday of Automobile Coverage

Today, automobile insurance is both required and a major item in the budget of most households. The idea of insuring cars against accidents began this week in 1898, when the Traveler’s Insurance Company issued a policy to Dr. Truman Martin …

Kibble & Prentice Acquires BGI Inc.

As part of its strategy to grow through acquisitions and provide its customers with expanded services and market access, Seattle-based Kibble & Prentice has acquired BGI Inc., a player in the Northwest insurance industry, specializing in the medical professional liability …