Operations News

AMS 360 v2.0 Delivers Increased Productivity and Streamlined Connectivity

Innovative Agency Management System Achieves Wide Industry Adoption Bothell, Wash. – AMS Services, a leading provider of software solutions for the insurance industry, today announced the general availability of AMS 360® v2.0, a proven agency management system that seamlessly bridges …

NetRate Systems, Inc., QualCorp, Inc. and VRC Insurance Systems Announce Three-way Systems Integration

NetRate Systems, Inc. (Okemos, MI), QualCorp, Inc (Valencia, CA) and VRC Insurance Systems (Westlake Village, CA) are jointly announcing plans to provide coordinated Rating, Policy Issuance, and Policy Administration through seamless integration of data between their respective systems. The integrated …

Agency Growth and Performance Study Reveals Higher Productivity

The latest edition of the Growth and Performance Standards (GPS) study by the Austin, Texas-based National Alliance Research Academy has just been released, giving the insurance industry some new benchmarks for comparing independent agency performance trends. The GPS has been …

Western Agents Upset Brokers Working Against Compensation Agreements

Reacting to an investors’ conference last week at Keefe, Bruyette & Woods in New York, the Western Insurance Agents Assocation issued a release indicating it is upset that brokers and insurers who broke the law are discouraging the practice of …

RI3K’s New ‘V3’ Trading System Promises Revolution in Processing

London-based RI3K announced a new innovative processing system for Lloyd’s and the London market that could revolutionize the way policies are produced. The new “V3” system replaces RI3K’s current trading platform, and will be rolled out in time to handle …

Oregon Mutual Names Patterson VP-General Counsel

Oregon Mutual Insurance Co. has named Steven L. Patterson as vice president-general counsel. In that position, Patterson will be sharing his legal expertise and implementing “best practices” in the legal area with all corporate OMI Divisions in California, Idaho, Oregon …

Ohio Oswald Companies Partners with Wellness Coaches USA

Oswald Companies announced this week that it will offer employers an on-site wellness coaching service through an exclusive partnership with Wellness Coaches USA. This service provides face-to-face, personalized support to help employees make healthy lifestyle changes. Employees with fewer health …

N.Y. Mobile Command Center Wins Best Practices Award

New York Superintendent of Insurance Howard Mills announced that The New York State Forum, a part of the Rockefeller Institute of Government, is giving a 2005-2006 Best Practices Award to the New York State Insurance Department for its acquisition and …

Oregon Regulator: Credit Scoring, Other Issues Better Handled by States

When it comes to solving insurance issues, state insurance departments are better consumer protectors than the federal government, according to Oregon’s Insurance Administrator Joel Ario. While the federal government plays a role in protecting consumers, states are better equipped to …

Businesses file first in series of lawsuits against competitors

Frustrated businesses took their fight against illegal immigration to court in August, filing the first in a series of lawsuits accusing competitors of hiring illegal workers to achieve an unfair advantage. Anti-illegal immigration groups said the lawsuits were an attempt …