July 26, 2000
Maryland Insurance Commissioner Steven B. Larsen and Allstate Insurance Company, one of the state’s top-selling insurers, reached an agreement in which Allstate will modify its “Do I Need An Attorney?” program. In Maryland and other states, Allstate provides information to …
July 25, 2000
A Lodi, Calif. man has been arrested as a result of a joint investigation by the California Department of Insurance Investigations Bureau and the San Joaquin District Attorney’s Office. John Blanton Breland, 52, surrendered to an investigator with the district …
July 25, 2000
YouZoom Inc. has launched comprehensive online account services for its insurance customers with do-it-yourself tools, making it easy for consumers to purchase policies and manage their accounts online at a private, secure site. YouZoom is creating a nationwide network of …
July 25, 2000
The National Association of Insurance Commissioners is investigating reports that State Farm, the nation’s largest auto insurer, improperly denied claims for treatment of injuries in accidents. NAIC President George Nichols III said it was not immediately clear how widespread the …
July 25, 2000
The Hartford Financial Services Group has reported an 18 percent increase in core earnings per diluted share for the second quarter, reflecting continued earnings growth in the company’s worldwide life operations. Core earnings for the quarter ending June 30, 2000, …
July 25, 2000
State Farm Insurance Cos., the nation’s largest home and personal auto insurer, has agreed to sell Fortis individual health insurance through its more than 16,000 captive agents. State Farm agents serve close to 67 million customers across the U.S. State …
July 25, 2000
Results of a recent Zogby America poll demonstrated an almost even division in opinion regarding the trustworthiness of insurance salespeople. The telephone survey polled 1,035 adults nationwide, asking them to, “Rate each of the following professions on how much you …
July 25, 2000
Leonard Richileau has been hired as senior director of claims markets for Boeckh, a Wisconsin-based provider of building cost information and estimating systems to the property/casualty insurance and related industries. Richileau will oversee product management and marketing strategies for all …
July 25, 2000
A supersonic jet went down just after taking off from the Charles de Gaulle Airport Tuesday, killing all but one of the 109 passengers and crew. The Air France Concorde crashed near Les Relias Bleus Hotel in the little town …
July 25, 2000
French insurer AXA has proposed to release $2.5 billion in “orphan” assets in its British life insurance fund, which could mean a $788 million payout for policyholders. The proposals, reported Tuesday by Reuters news service, was approved by the Financial …