Zenith National Insurance Corp. reported that its wholly owned subsidiary, Zenith Insurance Company, has filed with the California Department of Insurance its workers’ compensation rates for use on or after July 1, 2004. The filing reflects, among other factors, its …
Approximately 28,000 Texas employers will receive a share of $50 million in dividends from Texas Mutual Insurance Company. The Texas Mutual board of directors unanimously approved the 2004 dividend plan, which includes an annual component for qualifying customers whose policies …
Texas Attorney General Greg Abbott has asked a federal court to order Brown & Williamson Tobacco Corp. to pay Texas an additional $16 million, plus interest, for failing to comply with one of the terms of the state’s 1998 tobacco …
The AIG Companies announced the implementation of iClaims, a document management imaging technology that electronically scans and routes all claim documents to the appropriate specialist, in their Primary Claims’ workers’ compensation offices. The iClaims technology reportedly expedites claims management through …
California-based ADP Claims Services Group, a provider of integrated business solutions for the property and casualty, collision repair and automotive recycling industries, announced that FIX AUTO has named Shoplink the preferred computerized estimating system for its network of 158 collision …
The National Association of Mutual Insurance Companies has urged the National Association of Insurance Commissioners’ to table its current proposals to adopt parts of the federal Sarbanes-Oxley Act as part of state solvency regulations, indicating that such additions would be …
AIG Small Business, a unit of the property and casualty insurance subsidiaries of American International Group, announced the launch of “AIG eDelivery(SM),” a new submission status and policy retrieval system for brokers. “AIG eDelivery enables registered users to check account …
Standard & Poor’s Ratings Services announced that it has affirmed its ‘AAA’ counterparty credit rating on GEICO Corp. and its ‘AAA’ counterparty credit and financial strength ratings on Government Employees Insurance Co., GEICO General Insurance Co., GEICO Indemnity Co., and …
Moody’s Investors Service announced that it had downgraded the insurance financial strength rating and long-term debt ratings of Swiss Reinsurance Company and its various guaranteed and non-guaranteed subsidiaries by one notch. The rating agency lowered its insurance financial strength rating …
The McGreevey Administration thinks new safety technology for autos and roadways such as on-board navigation systems may be helpful in reducing auto insurance crashes and costs in New Jersey. Banking and Insurance Commissioner Holly C. Bakke and Transportation Commissioner Jack …