IVANS will be conducting Business Continuity Check-Ups for insurance companies at the Insurance Accounting and Systems Association (IASA) trade show June 1-4 in Denver. These Check-Ups will allow attendees to gauge how prepared their company’s networks are in the event …
Document Sciences Corporation, a provider in automating creation and delivery of enterprise business communications, will demonstrate a comprehensive solution for generating property and casualty proposals, policies and claims correspondence, at the ACORD Annual Conference in Orlando, Fla., May 18-20. The …
The Florida Insurance Council reported that committee members in the state’s House of Representatives are beginning work in a special session on two bills not related to state spending—workers’ compensation and PIP/auto insurance. The Florida Legislature has convened in a …
Insurance and automotive professionals from across Canada assembled Wednesday in Toronto to attend Insurance Bureau of Canada’s sixth annual Automotive Insurers and Manufacturers Forum (AIM). AIM brings together players in the insurance industry, auto manufacturers and collision repair facilities in …
Platinum Underwriters Holdings, Ltd.’s first full quarter of independent operation since its initial public offering last October got off to a good start. The company reported net income of $30.6 million, or $0.71 per common share, for the quarter ended …
Standard & Poor’s Ratings Services has raised its public information insurer financial strength rating on Hong Kong-based Tugu Insurance Co. Ltd. (Tugu Insurance) to ‘Bpi’ from ‘CCCpi,’ “following the recent upward revision of the local currency sovereign ratings on the …
Cincinnati Financial Corporation announced a preliminary estimate of approximately $48 million for second-quarter pre-tax catastrophe losses resulting from severe weather through May 11. The storm losses, which affected policyholders of The Cincinnati Insurance Companies, are expected to add a total …
Missouri’s insurers are likely to pay at least $400 million to more than 60,000 Missourians for insured property damage from last week’s tornadoes and other violent storms, according to Insurance Commissioner Scott Lakin. “While these storms will not set records …
The Wisconsin Office of the Commissioner of Insurance (OCI) has taken the following administrative actions. In many of these cases the respondent denied the allegations but consented to the action taken. Allegations and actions against agents Mark A. Aicher, 1723 …
Legislation that should speed up the repair process for insured vehicles by clarifying that insurance companies can retrieve automobiles from towing yards was signed into law last week, according to the National Association of Independent Insurers (NAII). The NAII-sponsored bill, …