February 20, 2006
Imagine going online to receive competing rates for an account from multiple carriers just once. No more logging onto to individual company sites, with their separate logons and passwords, and re-entering data at every turn. Increased sales for you and …
February 20, 2006
The use of credit history, one of many underwriting tools, is not a new concept and one that has received strict scrutiny from insurance regulators and consumer advocates around the country. Some insurers have used individual credit histories in underwriting …
February 20, 2006
The Bush administration’s choice to lead the government’s traffic safety agency pledged this month to make the nation’s highways and roads safer for families while tackling issues like vehicle rollovers and teenage crashes. Nicole Nas-on, who was Transportation Secretary Norman …
February 20, 2006
JPMorgan Chase & Co. has agreed to sell its life insurance and annuity underwriting business to Protective Life Corp. for about $1.2 billion in cash. JPMorgan Chase has its corporate headquarters in New York and its U.S. consumer and commercial …
February 20, 2006
Lansing, Mich.-based Accident Fund Insurance Company of America has hired Michael K. Britt as its new executive vice president of insurance operations. The newly-created position includes oversight of the business development, third party administration and claims areas. Britt will report …
February 20, 2006
As they face pressure to do more with less, nonprofit organizations are increasingly modeling some of their fund raising, employment practices and even marketing of services after for-profit businesses. According to a recent study, this so-called “capacity building” process has …
February 20, 2006
Illinois’ state health insurance pool should get $5.4 million under a compromise measure Sen. Dick Durbin helped push through after negotiating a more than $1 million increase over what the original bill proposed. The bill was approved by the Senate …
February 20, 2006
Over the years, many a vexed property casualty insurance company executive has joked about his firm being a nonprofit, blaming pricing regulation, market cycles, high loss ratios, low investment income or some combination of these forces for erasing net gain. …
February 20, 2006
Universal ExcessNuts & Bolts: The Hartford Financial Services Group Inc. introduced Universal Excess, a new excess insurance policy that fits firmly over directors and officers, fiduciary, employment practice, miscellaneous professional and tech errors and omissions products issued by any insurer. …
February 20, 2006
Imagine going online to receive competing rates for an account from multiple carriers just once. No more logging onto to individual company sites, with their separate logons and passwords, and re-entering data at every turn. Increased sales for you and …