July 25, 2002
Horace Mann Educators Corporation is restructuring its property and casualty claims operations. The company expects to realize operating and cost efficiencies and also improve customer service by consolidating claims office locations throughout the United States, implementing a new claims administration …
July 22, 2002
Standard & Poor’s has lowered its counterparty credit and financial strength ratings on Eastern Casualty Insurance Co. to double-‘Bpi’ from triple-‘Bpi’ citing a decline in capitalization and weak profitability and liquidity. Based in Marlborough, Mass. the stock company writes mainly …
July 22, 2002
The nation’s property and casualty insurers reported a $9 billion loss in 2001, compared to a $27 billion profit in 2000, according to research by Weiss Ratings Inc. By year-end, claims surged to a record $381 billion, an increase of …
July 22, 2002
The nation’s property and casualty insurers reported a $9 billion loss in 2001, compared to a $27 billion profit in 2000, according to research by Weiss Ratings Inc. By year-end, claims surged to a record $381 billion, an increase of …
July 18, 2002
The Commerce Group, Inc. has entered into an agreement with MassWest Insurance Company for the transfer of Massachusetts personal automobile business written by MassWest to The Commerce Insurance Company, effective Nov. 1. Under terms of the agreement, Commerce Insurance shall …
July 15, 2002
InsurBanc, the federal savings bank developed by the Independent Insurance Agents & Brokers of America (IIABA) to serve agents and brokers as well as their clients, has won regulatory approval to expand its operations to 15 additional states—three on a …
July 11, 2002
IVANS Inc. announced the launch of its Quick Start Remote Access Program. The program is designed to provide insurance carriers the ability to give their employees access to corporate resources in a short amount of time, if their primary network …
July 9, 2002
Safe Harbor Surplus has available programs for condo/homeowner associations, property management firms and property managers. Condo coverages are for D&O, EPLI, fidelity, umbrella and workers’ compensation. Coverages for property management are BOP, D&O, EPLI and fidelity. Coverages for property managers …
July 9, 2002
The nation’s property and casualty insurers reported a $9 billion loss in 2001, compared to a $27 billion profit in 2000, according to research by Weiss Ratings Inc. By year-end, claims surged to a record $381 billion, an increase of …
July 8, 2002
Nuts & Bolts: Safe Harbor Surplus has available programs for condo/homeowner associations, property management firms and property managers. Condo coverages are for D&O, EPLI, fidelity, umbrella and workers’ comp. Coverages for property management are BOP, D&O, EPLI and fidelity. Coverages …