The Prudential Insurance Co. of America announced the official opening of an offshore programming and technology development center by its subsidiary Pruamerica Systems Ireland Ltd. in Letterkenny, County Donegal. The center has actually been operating since July, and has about …
Hagerty Classic Insurance has expanded its collector car insurance program into Massachusetts. Now available in 47 states, Hagerty’s program protects antiques, classics, show cars and trucks, street rods and customs, exotic collectibles, antique motorcycles and collectible tractors. The policy includes …
As the clock struck midnight on Aug. 30, lawmakers were spent but still deciding the fates of a handful of bills that would affect the insurance industry. So how did the 1999-2000 legislative session compare to other years? “There is …
After completing its analysis of accident year experience valued as of June 30, 2000, the Workers’ Compensation Insurance Rating Bureau of California (WCIRB) announced it will amend its pure premium rate filing. The new proposal is for a 10.1 percent …
It’s not hell-in-a-handbasket yet, but the outlook for the property and casualty industry is far from good. On Thursday, Fitch, the international rating agency formed through the June merger of Duff & Phelps Credit Rating Co. and Fitch IBCA, revised …
SunAmerica Inc. has named Jay S. Wintrob chief executive officer effective January 1, 2001. He succeeds Eli Broad, who will remain chairman of the company. Wintrob, 43, was named president of SunAmerica in July and will continue in that role. …
INSpire Insurance Solutions Inc. may see its 2001 revenues cut due to the actions of troubled insurer Millers American Group. Millers is pulling out of some contracts and doing more business in-house as it plans to sell three business lines. …
Conseco has reached agreement with Lehman Brothers to amend the existing lending agreements of its Conseco Finance subsidiary. These amendments provide for the upstreaming of cash associated with the previously announced asset disposition programs of Conseco Finance. Additionally, they provide …
Ten consumer insurance sites have been selected by Internet librarians of Galaxy.com, a vertical Internet directory, as “the best resources for insurance information in a user-friendly format.” The following insurance related sites were named: –A.M. Best Company – http://www.ambest.com –Lloyd’s …
Good news for workers, employers and insurers alike: the number of workers killed on the job in California in 1999 was at the lowest level since 1992. These findings and others were recently published in the annual report from the …
