New York-based Savings Bank of the Finger Lakes announced it has established an insurance agency with L.A. Lama Insurance to offer a full range of property and casualty insurance products. Through a joint venture, called The Insurance Source, individuals can …
{The California Assembly Banking and Finance Committee held a hearing regarding Assembly Bill 21 on Monday, April 16, 2001. Assembly Bill 21 is a privacy bill, which would establish a general “opt-out” rule for disclosing consumer financial information. The National …
Project Time & Cost Inc. (PT&C) and Novato, Calif.-based Fireman’s Fund Insurance Company reached an agreement for use of PT&C’s building damage evaluation and direct repair service for dwelling losses, and other building damage claims brought by Fireman’s Fund insureds. …
TowerStreet, a provider of desktop and web-hosted comparative rating systems, underwriting reports and automated workflow solutions to the insurance industry, formed a strategic business partnership with Celina Insurance Group, a regional multi-line insurance carrier. Celina is utilizing TowerStreet’s online rating …
The Independent Insurance Agents of America (IIAA) expressed its approval of the efforts made by a number of states to enact licensing reforms. IIAA State Government Affairs Committee Chairman Ronald A. Smith emphasized that such efforts are necessary in order …
AIA Calls High Court’s Decision “Common Sense”|”|”The American Insurance Association (AIA) called th
According to an article in Britain’s Independent on Sunday there are over 20 million gardeners in the U.K. and they spent £3.35 ($4.86 billion) last year on fertilizers, plants, decorative items and other products for their gardens. This has led …
Bermuda-based Trenwick Group Ltd., an international underwriter in specialist insurance and reinsurance coverage, has named Michael C. Watson to head its London-based subsidiaries, Chartwell Managing Agents Limited and Trenwick International Limited, effective May 1st. Watson, who previously headed the London …
Australia’s QBE Insurance expanded its Latin American presence with the purchase of Argentina’s HIH Aseguradora de Riesgos del Trabajo from HIH, and three other South American insurers from the U.S.’s financially troubled Reliance Group. QBE paid around $25 million to …
Prudential plc announced that it is no longer seeking an injunction against AIG to halt its talks with American General, but it isn’t dropping its lawsuit, and will continue to seek monetary damages. The injunction request, filed last week in …
