Chile News

Progressive.com, Nextel Connect to Give Independent Agents Greater Visibility

Progressive Insurance and Nextel, a provider of fully integrated, all-digital wireless service, announced the availability of progressive.com on the Nextel Wireless Web. The agreement gives Progressive’s 30,000-plus authorized, independent agents exposure to Nextel’s Wireless Web customers via their Nextel Internet-ready …

S&P Report Sees Latin American Growth

A new report from international financial analysts Standard & Poor’s sees substantial growth potential in Latin America and analyzes the prospects of the region’s 50 largest insurers. Highlights of the report show that insurance markets in the region account for …

ING To Merge Chilean Subsidiaries

Holland’s ING announced plans to merge its Chilean subsidiary ING Seguros de Vida with Aetna Chile Seguros de Vida, which it recently acquired as part of its takeover of Aetna’s international business. The plan needs the approval of Chilean securities …

The Case of the Empty Coffin

The Criminal Investigations Branch Investigators of the California Department of Insurance (CDI) announced a successful conclusion to a complicated investigation after a father and daughter Raul Eduardo Pero, aka Paul Terry Reed, 58, and his daughter, Liza Monique Pero, 25, …

CDI Investigation Leads to Empty Coffin

The Criminal Investigations Branch Investigators of the California Department of Insurance (CDI) announced a successful conclusion to a complicated investigation. Two individuals involved in a life insurance scam pleaded guilty. Raul Eduardo Pero, a.k.a. Paul Terry Reed, 58, plead guilty …

PERFECT SPLASHDOWN FOR MIR

Everyone from the Russian space team, residents of Japan, Australia and the South Pacific, and certainly the brokers and underwriters at Lloyd’s who insured its safe landing for $200 million, can breathe a collective sigh of relief. Mir de-orbited and …

Perfect Splashdown For Mir

Everyone from the Russian space team, residents of Japan, Australia and the South Pacific, and certainly the brokers and underwriters at Lloyd’s who insured its safe landing for $200 million, can breathe a collective sigh of relief. Mir de-orbited and …

ACE To Set Up Brazil HQ for Latin America

ACE International, the global operations arm of Bermuda’s ACE Ltd., announced plans to open a new regional headquarters in Sao Paulo, Brazil, headed by Acacio Queiroz, to serve the company’s Latin American clients. The new office, which is expected to …

Two Inducted Into Insurance Hall of Fame

Hans Gerling, a former senior executive of Gerling Group, and Jose Pinera, the author of Chile’s private national pension system, have been inducted into the International Insurance Society’s Insurance Hall of Fame. Gerling was honored posthumously for the contributions he …

ZonaFinanciera.com Announces Alliance with AIG

ZonaFinanciera.com, a provider of online financial services and information for Latin America, announced a strategic alliance with American International Group, Inc. (AIG). Auto and homeowners insurance provided by AIG member companies will be offered in Argentina, Brazil, Chile, Mexico, Venezuela …