Legislative changes to address the insurance availability problem in Louisiana and to promote greater competition in the industry will be the crux of the National Association of Independent Insurers’ (NAII’s) aggressive agenda during the 2003 session. The legislative session begins …
The member companies of Ohio Casualty Group (OCG) are installing San Diego-based Mitchell International, Inc.’s Web-based claims workflow solution for auto physical damage claims. OCG’s choice, part of the eMitchell solutions family, is a real-time data networking solution, which increases …
Fiserv Advanced Insurance Solutions (AIS), a unit of Fiserv, Inc. announced that Unitrin Specialty Lines Insurance, with principal offices in Dallas, has signed a licensing agreement for the Fiserv AIS Claims Workstation. Unitrin Specialty Lines Insurance focuses on non-standard automobile, …
Ohio Casualty Corporation has launched a new Web site that provides specific information about the Corporation. The new Website is in addition to The Ohio Casualty Insurance Company site, which focuses on the insurance companies that make up Ohio Casualty …
Standard & Poor’s Ratings Services has issued a statement indicating that “the merger plan between Tokio Marine & Fire Insurance Co Ltd. (AA-/Negative/–) and Nichido Fire & Marine Insurance Co LTD (AA-/Negative/–) would have a limited impact on its ratings …
Standard & Poor’s Ratings Services announced that it expects to raise the insurer financial strength and counterparty credit ratings on the principal Australian and New Zealand-based general insurance subsidiaries of the U.K.’s Royal & Sun Alliance, the Promina Group Ltd., …
Allcity Insurance Company, an operating subsidiary of New York’s Empire Group, which is currently in runoff, reported a net loss of $3,748,000 or $0.53 per share for the year ended December 31, 2002 compared to a net loss of $18,048,000 …
The New York State Insurance Department announced the arrest of Shannon Whiteman of Roseboom, New York, an agent of the Bob Putnam Insurance Agency in Cooperstown, on charges of grand larceny and forgery. Her arrest follows a joint investigation conducted …
The California Department of Insurance (CDI) Fraud Division announced recent developments in these cases: * ORANGE COUNTY, CA – On March 20, 2003, Sheila Nicholson, 29, was arrested and booked into the Orange County Jail on four counts of grand …
An endorsement is now available for providing terrorism coverage on rental dwellings covered by dwelling and premises liability policies, in the event that such coverage is determined to be commercial insurance under the new federal terrorism reinsurance program. The American …