Preliminary estimates from February’s snow and ice storms that hammered 16 states from the Mid-Atlantic to New England caused less than $20 million in insured losses in Ohio, according to the Ohio Insurance Institute (OII). Losses reported to-date stand at …
Acting to provide greater protection for consumers who file insurance claims, Calif. Insurance Commissioner John Garamendi has proposed amendments to the Fair Claims Settlement Practices (FCSP) regulations, which govern how insurers handle claims. “Protecting the consumer is our top priority …
California agents, brokers and insurance professionals in and near the Santa Barbara area can earn up to 6 C.E. Credits on Monday, April 7. The Insurance Professionals of Santa Barbara are sponsoring three two-credit continuing education seminars at the Ogilvy-Hill …
DaimlerChrysler Corporation and the National Association of Independent Insurers (NAII) are urging the California Supreme Court to keep separate the treatment of vehicle service contracts and automobile express warranties in the state insurance code. A California Court of Appeal recently …
AMS Services, Inc. has unveiled TransactNOW, a product that enables interface communication between carriers, agents and the AMS Services management system product line. TransactNOW allows agents to process business transactions with carriers via a seamless single-entry workflow, without ever having …
ABRA Auto Body & Glass (www.abraauto.com), a Minneapolis-based damaged vehicle repair company, announced the opening of its seventh-sixth facility. Located in Iowa City, the franchise was awarded to partners Jim and Mark Dreusicke, owners of Toyota of Iowa City. The …
Fortis, the Belgian-Dutch financial services group, acknowledged that 2002 had been a difficult year with net profits dropping from 2.6 billion Euros ($2.86 billion) in 2001 to 532 million ($585 million) last year. CEO Anton van Rossum, nevertheless pledged to …
ESIS, Inc., the risk management services arm of ACE USA, and Syntrio, Inc., a provider of complete online training solutions, announced the launch of International Safety Academy (ISA) e-Learning, a web-based risk management training solution. Designed to help ESIS clients …
A.M. Best Co. has affirmed the various financial strength ratings of the operating subsidiaries of Fairfax Financial Holdings Limited (Fairfax) (Toronto), with the exception of TIG Insurance Group (TIG), which was lowered to B+ (Very Good) from B++ (Very Good). …
The Iowa Insurance Division (IID) has entered a consent order against Sandra Daugherty of Madrid after she was charged in Story County District Court with three counts of criminal misconduct. Daugherty, who served as office manager for the Severson Insurance …