December 16, 2003
American International Technology Enterprises, Inc. a member company of American International Group, doing business as AIG Technologies, or AIGT, announced the launch of MassXpress(TM). It described the new technology as “a Web-based product designed to streamline the insurance application process …
December 16, 2003
EdChoice, Schinnerer’s insurance program for small to mid-size colleges and universities, has added another line of coverage. General liability (GL) coverage for exposures such as corporal punishment, athletics or sports activities, abuse and molestation, host liquor, as well as limited …
December 16, 2003
The Board of Directors of the Alliance of American Insurers and the Board of Governors of the National Association of Independent Insurers (NAII) have adopted a resolution approving a merger agreement between the two national insurance trade associations. The actions …
December 15, 2003
Nuts & Bolts: The Chubb Group of Insurance Companies is offering Masterpiece Family Protection to its homeowners policyholders. Family Protection coverage can help defray a broad range of expenses if the policyholder or a covered relative is the victim of …
December 15, 2003
Nuts & Bolts: AIG Private Client Group, a division of the property and casualty subsidiaries of American International Group Inc. (AIG), has expanded its Excess Flood Coverage to 17 additional states across the country, bringing the total to 32 states …
December 9, 2003
Ten state departments of insurance received an Accreditation Award under the National Association of Insurance Commissioners’ (NAIC) Financial Regulation Standards and Accreditation Program during the 2003 NAIC Winter National Meeting in Anaheim. The recipients were: Delaware, Florida, Georgia, Illinois, Louisiana, …
December 3, 2003
Score one for the industry! Liberty Mutual Group and MetLife Auto & Home announced settlements of around $2 million – in their favor- in a multi-million dollar insurance fraud suit against attorneys and medical clinic operators in Massachusetts. Four of …
December 3, 2003
Standard & Poor’s Ratings Services announced that it has assigned its ‘BBB’ counterparty credit rating to The Commerce Group, Inc. and its ‘BBB’ senior debt rating to CGI’s proposed senior note offering. S&P said: “The proceeds of the issuance, coupled …
December 1, 2003
The Chubb Group of Insurance Companies is offering Masterpiece® Family ProtectionSM to its homeowners policyholders in Delaware, the District of Columbia, Maryland, South Carolina and Wisconsin as it continues a nationwide product roll-out. Family Protection coverage can reportedly help defray …
November 24, 2003
According to a recent nationwide survey conducted by Deep Customer Connections, Inc. (DCC), a Massachusetts-based management consulting firm serving the property and casualty (P/C) industry, National Grange Mutual (NGM), the flagship company of The Main Street America Group, received the …