December 26, 2000
Insurance Services Office has entered into an agreement with Computer Sciences Corp. based in El Segundo, Calif. And Mynd Corp., based in Columbia, S.C., to acquire Claims Outcome Advisor, a bodily-injury claims-management system. The terms of the transaction were not …
December 19, 2000
The St. Paul Companies and the PGA TOUR announced an agreement under which The St. Paul will be the presenting sponsor of the 2001 PGA TOUR West Coast Swing. In addition to on-site tournament branding and hospitality, The St. Paul …
December 13, 2000
Some new proposals put forth by the Australian insurance industry may mean increases in the number of captive insurers choosing to domicile there, and the return of companies that have gone offshore to Singapore, Bermuda and elsewhere. According to a …
December 12, 2000
Australia’s AMP has taken some steps to try to offset the losses it has suffered since taking over the troubled insurer GIO. It plans to cut costs in its U.K. operations, and, although it presently has no plans to sell …
December 11, 2000
In the latest action in the volatile workers’ compensation arena, Argonaut Insurance Company announced it will acquire the renewal rights and other tangible assets associated with the workers’ comp business of HIH America Insurance Group in its Southwest, Midwest and …
December 8, 2000
The Sydney office of St. Paul International Insurance Co. Ltd., part of the St. Paul Group, announced that it will offer Australian doctors a medical indemnity policy “with the broadest possible coverages for clinical practice.” “The policy has a A$25 …
November 29, 2000
San Francisco-based HIH America Compensation and Liability Insurance Company is selling the renewal rights and other tangible assets associated with its large account California workers’ compensation business to Alaska National Insurance Company. Effective Oct. 30, HIH America and related companies …
November 28, 2000
RapidInsure, the British Online insurance website, announced that it has stopped accepting new business for the time being as it searches for additional financing in order to continue its operations. Founded in February by Internet entrepreneur Darryl Mattocks, who sold …
November 27, 2000
It looks like the Lutine Bell will continue to ring at Lloyd’s for a while longer, as it no doubt did on Nov. 3, when Justice Peter Cresswell of London’s High Court announced his long-awaited decision in the Jaffray case. …
November 23, 2000
Following almost a week of uninterrupted rain, roughly one third of the Eastern Australian State of New South Wales is under water. The worst floods in over 20 years have caused widespread damage, and forced the evacuation of many homes …