Puerto Rico News

New ISO Symbols Rate Cars By Make and Model for Liability, No-Fault/Medical Payments Insurance

Insurance Services Office Inc. (ISO) has introduced a personal auto rating program carriers can use to tailor the cost of insurance for bodily injury and property damage liability and no-fault/medical payments coverage based on a car’s make and model. This …

Electronic State Filings Proving to be Popular

More and more insurers and states are using systems for electronically filing rates and forms to meet regulatory requirements, with the number of electronically filed forms tripling in the past year. For all of 2003, more than 76,000 filings were …

People and Places

Vincent Donnelly PMA Capital Corp. has appointed Vincent T. Donnelly as its new president and chief executive officer. He has headed the PMA Insurance Group as its president for the last seven years and will retain that position. Donnelly brings …

Salil Donde Named President of AMS-Rackley

Salil Donde immediately assumes the new role of president, AMS-Rackley, reporting directly to Euan Menzies, CEO, AMS Group. AMS acquired Rackley Systems in October 2003 to allow delivery of their innovative rating products and services to AMS customers and the …

Identity Theft

Nuts & Bolts: Travelers Property Casualty Corp. is offering a new master policy to cover identity theft expenses. Financial institutions or other commercial businesses can purchase this policy on behalf of their account holders or customers, or use as an …

Identity Theft

Nuts & Bolts: Travelers Property Casualty Corp announced the availability of its new master policy to cover identity theft expenses. Financial institutions or other commercial businesses can purchase this policy on behalf of their account holders or customers, or for …

Federated Department Stores Selects ROES As New EDI Vendor

Federated Department Stores, Inc., has selected ROES’ Workcomp.net EDI software for state injury reporting. Red Oak E-Commerce Solutions, Inc. (ROES) is a leader in Internet based EDI claim reporting systems. “Efficiency and accuracy in injury reporting are crucial for us,” …

Surety Industry Veteran Promoted to Oversee Midwest Expansion

Federated Department Stores, Inc., has selected ROES’ Workcomp.net EDI software for state injury reporting. Red Oak E-Commerce Solutions, Inc. (ROES) is a leader in Internet based EDI claim reporting systems. “Efficiency and accuracy in injury reporting are crucial for us,” …

NCMIC Insurance Co. to Become New Carrier for Lawyer’s Protector Plan

NCMIC Group, Inc. and Brown & Brown, Inc. announced that NCMIC Insurance Company will become the new carrier for the Lawyer’s Protector Plan® (LPP)® insurance program, effective as soon as new filings can be approved by the appropriate state insurance …

XL America Obtains Renewal Rights for Professional Liability Policies from Royal & SunAlliance USA’s DPIC Unit

XL America, Inc. announced its acquisition of renewal rights for Royal & SunAlliance USA’s (“RSA”) DPIC unit, which provides professional liability insurance and services for architects, engineers and environmental consultants in the United States, Canada and Puerto Rico. John Glancy, …