June 17, 2003
International Marine Insurance Services (IMIS) and Markel American Insurance Company have partnered to establish The JacklineSM Insurance Program for world cruisers. Much like the safety gear after which it is named, this insurance program is designed with the intent of …
June 17, 2003
A.M. Best Co. has placed the financial strength rating of A- (Excellent) of National Service Contract Insurance Company RRG (NSC) (Hawaii) under review with negative implications. The status will remain pending the results of an independent actuarial analysis of the …
June 16, 2003
Acordia announced that John Sacia is the managing director of Acordia’s Northwest Area in its Mountain West Regional operation. The newly formed Northwest Area includes the company’s Seattle and Portland offices. In his new capacity, Sacia will be responsible for …
June 16, 2003
RE/MAX of Texas announced a partnership with USI to develop a partial self-insurance fund for real estate professional liability insurance, exclusively for RE/MAX of Texas franchisees. The USI program is underwritten by Lexington Insurance, an AIG subsidiary with A.M. Best …
June 16, 2003
Independent agents and brokers reportedly believe a class action reform bill approved late last week by the House of Representatives will help return a sense of normalcy to interstate class-status lawsuits and protect the rights of consumers and defendants, said …
June 16, 2003
Now that the 78th Texas Legislature is over, George Stephens, chairman of the 60,000-member Texas Association of REALTORS®, credits state lawmakers for protecting the rights of private property owners while acknowledging there is still room for improvement in future sessions. …
June 16, 2003
New York State Insurance Department Superintendent Gregory Serio announced the arrest of Ross Anderson, 47, a former insurance broker, on charges that he falsified business records by selling fraudulent insurance, leaving a customer without proper coverage. An investigation by the …
June 16, 2003
GAB Robins Group of Companies, announced that it is expanding its Auto Services program and has selected ADP Claims Services Group as its supplier of choice for automobile estimating software. With the help of ADP’s PenPro® software, GAB Robins adjusters …
June 16, 2003
Guidewire Software, a provider of claims solutions to property and casualty insurers, announced that CNA has selected Guidewire ClaimCenter as the technology cornerstone of an enterprise-wide initiative to enhance its Claim operations. ClaimCenter will provide a foundation for the improvement …
June 16, 2003
Leaders of a broad-based coalition of healthcare and business groups told the Florida Legislature on Monday that “there’s just one decision left to make” in the medical liability crisis – whether they have the resolve to pass Governor Jeb Bush’s …