Illinois Insurance Director Nat Shapo announced that he obtained an Order of Conservation against United Capitol Insurance Company on Sept. 12, following the Department of Insurance’s determination that the company was insolvent by more than $1 million. The order was …
San Diego-based Frontier Pacific Insurance Company was conserved Friday in a move by California Insurance Commissioner Harry W. Low. The ruling came as a result of the company being found insolvent. Domiciled in California, the company is a wholly owned …
Wisconsin-based Fiserv Inc. completed its previously announced agreement to acquire the item processing business of the Federal Home Loan Bank of Pittsburgh, according to Leslie M. Muma, president and CEO of Fiserv. Through this agreement, Fiserv has added two FHLBank …
Editor’s Note: This is the first of a two-part series dealing with the rising issue of toxic mold claims. These days, an Internet news search on the word “mold” will bring up numerous articles testifying to the fact that mold …
InsureZone, the “clicks and mortar” insurance agency that offers access to insurance products through multiple channels, announced that AgentSecure, its web-based market-access program for small and rural commercial agents — has picked up new exclusive co-marketing endorsements from Independent Insurance …
Hamilton, Bermuda-based ACE Limited announced that John A. Krol was appointed to its Board of Directors, effective immediately. Krol is the former chairman and CEO of E.I. du Pont de Nemours & Company. Krol has worked at du Pont in …
Mazonson Inc., a New England-based insurance brokerage, announced the completion of agreements to provide group insurance programs sponsored by the California Community Economic Development Association and the Community Economic Development Association of Michigan. According to Mazonson, its program gives the …
InsuranceNoodle, an online distributor of small business insurance through independent agencies, has engaged Woolard Gioia Blundell Associates as a strategic partner to assist in developing specifications for a range of new products to complement its current line-up of commercial insurance …
Fireman’s Fund Insurance Company announced it has liberalized its Scheduled Valuable Possessions coverage to afford affluent clients greater convenience and extra protection without extra cost when insuring valuables, such as jewelry, fine art, collectibles, silver and the like. According to …
American International Group has decided to delay a major building project in Wilmington following its acquisition of American General. Company spokesmen said that the original plan to build twin office towers for up to 3,500 employees, needed to be reviewed, …
