SalvageSale Inc., the global online salvage marketplace and salvor services provider for the claims recovery and commercial salvage markets, announced the launch of its newly enhanced Web site. This enhancement will streamline procedures, allow greater buyer accountability, and offer more …
Sedgwick Claims Management Services Inc. (Sedgwick CMS) announced that Garrett M. Moran has joined the board of directors of Sedgwick CMS Holdings Inc., the holding company parent of the national claims and productivity management services organization. Moran is a senior …
Moody’s Investors Service announced that it has downgraded the financial strength ratings of Munich Reinsurance Company, Hamburg-Mannheimer Versicherungs AG, and Victoria Lebensversicherung AG to Aa3 from Aa1. It also lowered the financial strength rating of American Re-Insurance Company to A2 …
GAB Robins Group of Companies announced the introduction of ClienTelligent(TM) PowerCube, the newest feature of its popular claims reporting and risk management information system (RMIS). ClienTelligent PowerCube will enable clients to access quick and easy, expansive multidimensional analyses of their …
Southwestern Insurance Information Service (SIIS) and the Texas Action Council on Theft (TACT) announced they will hold a continuing education/training seminar for insurance executives, claims personnel and other interested parties to be held at the Hotel Intercontinental in Addison, Texas, …
The Ford Motor company’s finance division announced plans to stop leasing automobiles in New York state as of July, due to the state’s present “vicarious liability” law which holds leasing companies liable for damages arising from auto accidents. New York, …
NYSID Superintendent of Insurance Gregory V. Serio and Webster Police Chief Gerald Pickering announced that a joint investigation with Allstate Insurance Company’s Special Investigations Unit has resulted in the arrest of David J. Lanzatella and his wife Suzanne Martin-Lanzatella both …
The U.K.’s Hiscox Plc, a leading London market insurer, partly owned by Chubb Corp., has reportedly seen an increase in the demand for coverage of terrorist related risks by small and medium-sized U.S. companies since the beginning of the war …
The two main operating companies of the Millea Group, Tokio Marine & Fire and Nichido Fire & Marine, announced that they would offer coverage to persons traveling outside of Japan against the risk of severe acute respiratory syndrome, or SARS. …
Nev. Attorney General Brian Sandoval announced that Michael Vierra, 57, pleaded guilty before Judge Jerome Polaha in the Washoe County Courthouse to conspiracy to commit insurance fraud. The investigation and prosecution were conducted by the Attorney General’s Insurance Fraud Unit …