The American Insurance Association (AIA) on Monday declared Iowa’s 2004 legislative session a success for consumers and insurers on key issues affecting the property/casualty market. “From passage of a medical liability reform measure to clear guidelines on insurer use of …
Hooper Holmes, Inc. (AMEX:HH) of Basking Ridge, N.J., has acquired privately held Mid-America Agency Services, Inc. (MAAS), which provides risk selection services to the insurance underwriting industry. In addition to underwriting services and an expanded geographic presence, this transaction provides …
The discovery in December 2003 of the first known case of bovine spongiform encephalopathy (BSE)—commonly known as mad cow disease—in the United States was a downer, both literally and figuratively. A United States Department of Agriculture veterinarian maintains the animal—discovered …
A study conducted by the U.S. General Accounting Office (GAO), released at the end of February, found that unauthorized health insurers are costing workers significant amounts in unpaid benefits. The entities surveyed, who did business between 2000 through 2002, ranged …
Pennsylvania-based Donegal Group Inc. reported net income for the quarter ended March 31, 2004 of $11,732,306, or $.87 per share on a diluted basis, which includes an extraordinary gain of $5,445,670, or $.40 per share on a diluted basis, related …
West Bend Mutual Insurance Co. announced it reached a record $1 billion in assets during 2003, making it one of about 90 insurers to reach that level, according to a statement from the Wisconsin-based carrier. The company said the increased …
The American Insurance Marketing and Sales (AIMS) Society, a national organization dedicated to providing sales training, networking and marketing innovation to insurance professionals, announced the addition of four members to the Board of Directors. Elected at the AIMS Society’s recent …
Milwaukee-based Partners Mutual Insurance Co. announced that they have selected Results Inernational Systems to provide an end-to-end, Web-enabled policy processing system for its personal and commercial lines of business. The RIS solution will deliver a policy processing system with integration …
Ken Mehlman, Bush-Cheney re-election campaign manager and political expert, will speak to young agents at the Independent Insurance Agents & Brokers of America’s annual National Legislative Conference, Young Agent-InsurPac Luncheon on April 21. The National Legislative Conference is the industry’s …
Risk Management Solutions Inc. (RMS), a provider of products and services for catastrophe risk management, announced the release of an in-depth study of potential costs to the U.S. insurance industry from a recurrence of the Tornado Super Outbreak of April …
