June 29, 2001
The MIIX Group of Lawrenceville NJ, announced it has adopted a shareholder rights plan, which will go into effect in the event that anyone accumulates more than 15 percent of the company’s common stock. MIIX, a leading provider of medical …
June 29, 2001
In its fourth acquisition in the last 12 months, the BISYS Group of Little Falls NJ, announced the acquisition of the Toner Organization, a Pennsylvania-based insurance brokerage firm, for an undisclosed price. Lynn Magnum, BISYS’ chairman and CEO stated, “This …
June 28, 2001
ePolicy, Inc., a provider of technology solutions to fully automate and web-enable the insurance distribution process through its wholly owned subsidiary, Insurance Technology Solutions Inc., announced that Joe Stinnette had been elected to the company’s board of directors. Stinnette most …
June 28, 2001
Agents and brokers will weigh in this week on California’s new low-cost auto insurance program at hearings held by the California Department of Insurance (CDI), reporting that they have been swamped by calls from unqualified applicants trying to lower their …
June 28, 2001
R. Scott Daugherty, chairman and CEO of USI Northern California, announced that Kevin Mencarelli had been promoted to president and COO of USI Northern California. Mencarelli joined USI Northern California in November 1998 as the executive vice president of operations …
June 28, 2001
TurboCoverage, a web-based auto insurance service for auto dealerships, has formed a partnership with Computerized Vehicle Registration (CVR), a provider of electronic vehicle registration, to market the TurboCoverage platform in auto dealerships across California. CVR, with relationships with more than …
June 28, 2001
The Calabasas, Calif.-based insurance holding company Amwest Insurance Group Inc. announced on June 25 that it has applied to the Securities Exchange Commission (SEC) to remove its shares of common stock, $0.01 par value per share (“Common Stock”), and its …
June 28, 2001
The St. Paul Companies announced that it will begin offering professional liability coverage for insurance agents and brokers to members of the Independent Community Bankers of America (ICBA) effective immediately. Insurance Agents and Brokers Professional Liability coverage will help protect …
June 28, 2001
The Specialty Programs operation of Royal & SunAlliance USA announced the introduction of a program of insurance and services created to meet the distinct needs of the mechanized logging industry. The new program, “Mechanized Timber Harvesters,” offers coverage for logging …
June 28, 2001
Increased claims involving workplace violence, sexual harassment, identity theft and ADA issues are presenting many challenges to the Employment Practices Liability (EPL) marketplace, according to a panel of experts at the Professional Liability Underwriting Society (PLUS) LPL-EPL Insurance Issues Symposium, …