“The insurance industry is facing a series of critical choices in the near future,” stated Lloyd’s Chairman Lord Levene, speaking before an audience of 130 insurance professionals at the Conrad Hotel in Hong Kong. Lord Levene cited globalization, technology and …
FINEOS Corporation (www.FINEOS.com), a provider of insurance software, announced a major deal in which it has delivered CORE, INC., with its multi-channel intake and claims management solution, FINEOS Disability Claims Manager. As part of the project, CORE, a provider of …
A.M. Best Co. has assigned a financial strength rating of A (Excellent) to Infinity Property and Casualty Group, (Infinity P/C) the core auto subsidiaries of Infinity Property and Casualty Corporation (IPCC) of Birmingham, Ala. IPCC was created through a spin-off …
Illinois-based Uniform Information Services (www.UniformInc.com), a provider of regulatory forms and legal databases for the property/casualty industry and a division of CCH Inc., announced a strategic business alliance with Allenbrook (www.allenbrook.com), a provider of processing software and consulting services for …
AMS Services, Inc. (www.ams-services.com) announced the integration between the Prime management system and PS4 Plus. A new version of PS4 Plus (version 2.0) has been created that integrates with the most recent version (3.0) of Prime. This new two-way integration …
Wisconsin-based General Casualty (www.generalcasualty.com) recently released Marketplace Online, its first online quoting and submission application. The company’s technical and commercial lines staff created the product using feedback from independent agents and regional underwriters. Marketplace Online is customized for General Casualty’s …
A new article just released by The Network, Inc., a provider of employee hotline services, and The Association of Certified Fraud Examiners, reports it’s not enough to tell your employees to report things such as “accounting irregularities” or “fraudulent action.” …
Nearly one in four U.S. adults say that overstating the value of claims to insurance companies is acceptable, and more than one in 10 say they approve of submitting insurance claims for items that were not lost or damaged or …
CRC Insurance Services Inc. of Birmingham, Ala., announced the formation of the CRC Alternative Risk Transfer Division. CRC Alternative Risk Transfer (CRC/ART) will provide alternative risk management services and transfer products to: independent agents, program administrators, self-insurers, self-insured groups, insurance …
Fitch Ratings has affirmed the ‘AA-‘ insurer financial strength ratings of SAFECO Life Insurance Company and the SAFECO Property/Casualty Group. Fitch has also affirmed its ‘A-‘ long-term and senior debt ratings on SAFECO Corporation (SAFECO) and its ‘BBB+’ rating on …