September 26, 2006
Beaverton, Ore.-based Indemnity Excess & Surplus Agency introduced an education insurance program providing coverage for smaller colleges and universities, as well as private K-12 schools. IES is also able to consider charter schools located in Arizona, California, Colorado, Florida, Oregon …
September 26, 2006
Gartner Consulting Worldwide and the Property Casualty Insurers Association of America (PCI) recently released a study showing that significant spending of information technology investments will better position insurers in the marketplace. The 31 PCI member insurance companies that participated in …
September 26, 2006
Integro today announced that William T. Sullivan has joined the firm’s Chicago office as a managing principal. He comes to Integro from Aon, where he served as a relationship manager. According to the Integro written statement, Sullivan has more than …
September 26, 2006
Texas hybrid car owners can now take advantage of a 10 percent discount on auto insurance offered by Travelers, the company announced. The discount complements other Texas perks for hybrid drivers. The company clarified that a discount of up to …
September 26, 2006
The Texas Department of Insurance Division of Workers’ Compensation reported that the workers’ compensation state average weekly wage for Fiscal Year 2007 is set at $673.80 and is effective for dates of injury from Oct. 1, 2006, through Sept. 30, …
September 26, 2006
Standard & Poor’s Ratings Services said that its ratings on USI Holdings Corp. (BB-/Negative/–) were not affected by the company’s plans to raise $100 million under the accordion feature its existing credit facility. The company intends to use the proceeds …
September 26, 2006
Strategic Independent Agents Alliance (SIAA) has appointed William J. Fahy as executive vice president for programs and specialty markets. Fahy’s duties include working with SIAA’s senior staff and Master Agencies to develop SIAA proprietary programs, specialty products and excess and …
September 26, 2006
Marsh & McLennan Companies, Inc. has named M. Michele Burns, chief financial officer of MMC, to the position of chairman and chief executive officer of Mercer Human Resource Consulting. She succeeds Michael Caulfield, who will be retiring but who will …
September 26, 2006
Euler Hermes ACI, the US subsidiary of the Euler Hermes group, a global credit insurance provider, has issued its latest analysis of the global economy which concludes that although the IMF outlook remains positive, “negative factors loom.” Euler Hermes said, …
September 26, 2006
India’s 3i Infotech, a provider of IT solutions, announced the launch of Premia Insurance Broking eXchange (IBX), which it described as “a subscription based Internet solution for the Indian insurance industry. “Premia IBX will provide a common pay-per-use platform where …