Risk Management Solutions (www.rms.com) announced the launch of new earthquake models for the western U.S. and western Canada. The models use the latest data on seismic risk from the U.S. Geological Survey (USGS) 2002 National Seismic Hazard Maps, and include …
An Oregon regulation addressing credit-based insurance scores should receive a chance to take effect and work before lawmakers consider adopting unnecessary legislation that could prevent consumers from getting the automobile and homeowner policy discounts they deserve, the National Association of …
An insurance adjustor who allegedly defrauded Allstate Insurance Company and several Allstate-insured homeowners who suffered damages during the 1994 Northridge earthquake was recently convicted of federal fraud charges. Harry Miller, who also used the name Harry Booth, a 57-year-old resident …
Conventus Inter-Insurance Exchange, a physician owned and governed medical malpractice insurance company, has commenced a continuous open enrollment policy. The new policy was made possible by the response to the Conventus solution, which has enabled the company to build a …
An ISO Claim Search User Meeting will be held Tuesday, April 1 at the Marriott Hotel in New Orleans. More information is available by contacting Susan Smith at (800) 888-4476 or by email at: meetings@iso.com.
Century Insurance Group, an Ohio-based specialty lines insurer, has announced several staff promotions and additions in its Eastern and Western regional offices. The changes in the underwriting and claims departments include seven promotions and two staff additions. Century’s Eastern regional …
Bermuda-based PXRE Group Ltd. announced significantly higher profits for the fourth quarter and year ended Dec. 31, 2002. PXRE’s net income for the quarter increased 96 percent to $16.3 million, up from $8.3 million in the fourth quarter of 2001. …
The National Association of Independent Insurers (NAII) said that over 20 Georgia senators are sponsoring a bipartisan civil justice reform act designed to address the high cost of health care and patient access. “The fact that this bill has such …
Aon Corp.’s fourth-quarter net income soared and the company appears to have made a stunning recovery from the impact of the Sept. 11, 2001, attacks on the World Trade Center. The Chicago-based insurance brokerage and consulting firm posted fourth-quarter earnings …
Arch Insurance Group, a division of Arch Capital Group Ltd., has entered into a marketing and servicing agreement with Eagle Ocean Services, Inc., a member of the Eagle Ocean Group of Companies. Working in close cooperation, Arch and Eagle Ocean …