Ohio Casualty Group (OCG) will make Policy Loss Run Reports available through IVANS Transformation Station(TM) for those independent agents utilizing the Applied Agency Management Systems. The Loss Run Reports also will be accessible through the Agency Services section of the …
Las Vegas-based Sierra Health Services, Inc. is raising its earnings estimates from continuing operations for 2003, based on preliminary data for January and February. Sierra now expects to earn between $0.40 and $0.42 for the first quarter of 2003 and …
An asbestos litigation reform bill supported by the Alliance of American Insurers (AAI) and a broad coalition of businesses and insurers has been introduced in the Texas Senate. The bill, SB 496, will “raise the bar for the criteria necessary …
Investigators with the California Department of Insurance (CDI) Fraud Division announced recent developments in these insurance fraud cases: ·SACRAMENTO COUNTY – Mauricio Acosta, 23, was arrested at his residence without incident and booked into the Sacramento County Jail on one …
Fireman’s Fund Insurance Company announced it will add 34 new positions to its existing national Customer Service Center on Bryan Street in downtown Dallas. The current staff of 98 primarily handles premium processing, billing and customer service for the Company’s …
The Alliance of American Insurers (AAI) responded to the findings of a recent Wall Street Journal Online/Harris Interactive Healthcare Poll on medical malpractice insurance. The poll showed that a strong majority of Americans (58 percent) support legislative efforts to limit …
A.M. Best Co. has lowered the financial strength rating to A- (Excellent) from A (Excellent) of Unum Japan Accident Insurance Company, Ltd., Tokyo, Japan, and placed the rating under review with negative implications. The company has a financial size category …
The American Association of Insurance Services (AAIS) has prepared a table that lists in simplified fashion how its latest terrorism endorsements apply to certain categories of terrorism losses. Since enactment of a new federal terrorism reinsurance program in 2002, AAIS …
A new bulletin requires Michigan insurers to begin providing more information to consumers about the use of credit to calculate rates by July 1. Bulletin 2003-01-INS, issued by Michigan Financial and Insurance Services Commissioner Frank Fitzgerald, requires insurers to complete …
A class action lawsuit has been filed in the United States District Court for the Eastern District of Tennessee on behalf of purchasers of UnumProvident Corporation securities during the period between May 7, 2001 and Feb. 4, 2003, inclusive (the …