New York Superintendent of Insurance Neil D. Levin said that Camille Sautner, 26, was arrested on various charges for defrauding Chubb Insurance Company out of $45,000. The arrest is the result of a joint investigation conducted by the Insurance Department’s …
OCCarFinder, the automotive channel of myOC.com, a new Seal Beach, Calif.-based web portal affiliated with The Orange County Register newspaper, has selected independent agency Huggins Dreckman Insurance to provide online personal lines insurance sales and service. As California’s wealthiest county, …
In keeping with its dedication to the independent broker distribution system, American Sterling Insurance Company, located in Laguna Hills, Calif., announced that it is offering its California brokers free web pages. According to Michael Galati, president of American Sterling’s personal …
ePropertyClaims has launched ePropertyClaims.com, providing insurance adjusters with all the tools for pricing replacement products and purchasing online. “Industry experts are predicting that Internet insurance services may represent as much as 70% of claims volume by the year 2003,” said …
Citigroup has reshuffled its upper management ranks on Tuesday, naming Michael Carpenter as head of its investment and corporate banking operations and Victor Menezes as chief of its growing emerging markets businesses. Previously, Menezes and Carpenter shared oversight responsibility of …
In a first for the insurance industry, the Independent Insurance Agents of America’s 2000 annual meeting will be a joint industry affair, with agents from the National African-American Insurance Association and the Latin American Association of Insurance Agencies. The event …
Marsh & McLennan Companies is reporting strong revenues and earnings for both the quarter and six months ended June 30. For the quarter, MMC’s revenues rose 11 percent to $2.5 billion. Net income grew 21 percent to $276 million and …
Following on the heels of the United States, Britain legalized electronic signatures Tuesday, giving them the same status as hand-written signatures in an effort to boost the country’s e-commerce. A second law will also make digitized certificates legally admissible in …
Six weeks of merger talks between Dresdner Bank and Commerzbank have reportedly collapsed, ending efforts to create what would have been Germany’s No. 2 bank. The banks could not agree on synergies that would be achieved through the merger, according …
Insurers could face up to $350 million in claims from Tuesday’s Air France Concorde crash that claimed the lives of all 109 passengers and crew aboard. European companies are expected to foot most of the bill. Compensation for families of …
