IVANS, Inc. announced the general availability of IVANS WebSEMCI(TM) with Transformation Station(TM) integration for AMS AfW agents. Agents can now download this software from the AMS Web site to conduct business with insurance carriers. IVANS has enabled WebSEMCI to request …
Even being in business for over 90 years doesn’t seem to assure financial stability these days. 2002 was not a good year for the Chicago-based Kemper Group, headed by Lumbermens Mutual Casualty Company, a leading writer of workers’ compensation coverage, …
Even being in business for over 90 years doesn’t seem to assure financial stability these days. 2002 was not a good year for the Chicago-based Kemper Group, headed by Lumbermens Mutual Casualty Company, a leading writer of workers’ compensation coverage, …
A new entrant to the Connecticut homeowners insurance market is open for business, as Bunker Hill Insurance Company recently received approval for its homeowners rates from the Connecticut Insurance Department. This marks the first time the Boston-based member of the …
Fair, Isaac and Company, Inc. named William Nowacki to lead its growing Professional Services group. Nowacki will play a central role in helping Fair, Isaac address the growing demand for advanced analytic-driven solutions, software and services in both core and …
New York Superintendent of Insurance Gregory Serio announced that an investigation into a suspected fraudulent motor vehicle theft insurance claim has resulted in the arrest of Gary E. Deroche, currently residing in North Carolina, for reportedly filing a fraudulent automobile …
ACE Limited announced that it will incur a net after-tax charge to earnings of $354 million ($1.32 per share) in the fourth quarter of 2002, as a result of the need to strengthen reserves due to increased asbestos and environmental …
Courts in South Carolina ordered nearly $168,000 in fines and restitution to be paid in 2002, the result of the 914 cases of insurance fraud that were reported to Office of the Attorney General’s Insurance Fraud Division last year. According …
A new study by the Workers Compensation Research Institute shows that workers’ compensation costs per claim in Texas continued to increase at double digit rates during recent years. According to WCRI, workers’ compensation costs per claim in Texas rose 11 …
Swiss-based Converium Holding Ltd, announced terms for a settlement regarding the buy-out of shares of excluded minority shareholders of Converium Ruckversicherung (Deutschland) AG, one of its predecessor companies formerly Zurich Ruckversicherung (Koln) AG), the German-based operations of Zurich Re. A …