Monthly Archives: <span>June 2000</span>

INSURING THE UNINSURED

California legislators hope to reduce the number of uninsured motorists in Los Angeles and San Francisco by offering low-income residents...

LOSSES FOR ALLSTATE

April and May produced $340 million in catastrophe losses for Allstate Corp., whose June 15 announcement triggered a 7 percent...

GLOBAL TRAVELERS

Travelers Insurance, a unit of Citigroup, announced that it was setting up an International Insurance Division with Robert J. Price,...

STATE FARM WILL PAY

State Farm Mutual Automobile Insurance Co. will pay dividends of just over $1 billion to auto insurance policyholders in 49...

FRANKEL ADMITS TAX EVASION

Martin Frankel, the financier that bilked several U.S. insurance companies of millions of dollars before disappearing and launching an international...

DEATH TAX IS DYING

Congress’ recent vote to eliminate the so-called “death tax”-which is levied on monetary assets and property owned by a person...

POOR NEWS FOR PROGRESSIVE

Progressive Corp. is estimating its second-quarter profits will fall below Wall Street consensus estimates because of poor underwriting results worsened...

WSSLC ON THE WATERFRONT

The Surplus Line Association of Idaho is the host for the 32nd Annual Western States Surplus Line Conference, July 30-Aug....

ITC HOSTS 1st GOLF CLASSIC

The San Diego Chapter of Insuring The Children will raise funds for the prevention of child abuse with its inaugural...

RACIAL BIAS SUIT SETTLED

American General Corp. expects to make a $175-million second-quarter aftertax charge to settle a lawsuit claiming one of its subsidiaries...