San Diego, Calif.-based Insurance Training Academy (ITA) officially opened its doors in January 2001, to provide industry-specific educational training as a service to busy insurance agencies and companies needing skilled insurance employees, as well as to job seekers wanting to …
The California Superior Court in Santa Ana entered judgment on March 12, 2001, in favor of Direct Contact Marketing (DCM), exonerating its CEO, Darren Clevenger, and its sales manager, Dion Gutierrez, of allegations in a civil lawsuit filed by National …
The nation’s fourth largest business insurer has seen its shares take their biggest drop in over a decade after the company noted storm losses and medical-malpractice claims would sharply impact earnings. Shares of St. Paul Companies have dropped $6.10 to …
A California Court of Appeal has ruled that a suit against CIGNA Corp. and its former subsidiary, Insurance Company of North America (INA) — charging both companies with illegal conduct and fraud — could proceed to trial. The complaint alleges …
In Congressional testimony July 19, the Independent Insurance Agents of America (IIAA) advocated a series of reforms for the National Flood Insurance Program (NFIP) that would help reverse operating losses and make the federal program actuarially sound. J. Fletcher Willey …
Illinois-based Horace Mann has submitted a settlement deal to the court regarding a class action suit, which was levied against the company from customers who purchased a variety of disability policies. The parties involved in the suit have come to …
China has welcomed the GAB Robins Group of Companies, a provider of independent loss adjusting and investigative services, to Beijing. GAB Robins is the first foreign independent loss-adjusting firm established with total support from the Chinese government. According to GAB …
MGAs, MGUs, general agents, wholesalers and program managers have access to a new source for risk transfer, merchant banking and capital-related services with the creation of Arch Insurance Services, a division of Arch Capital Group Ltd. The foundation of Arch …
The Alea Group recently received approval from the State of New York Insurance Department to acquire Seven Hills Insurance Company. Upon the approval, Alea completed the transaction with Great American Insurance Company on July 2,2001. Formal approval of a name …
The California Department of Insurance announced that Raymond Ellis Wilson, Orange County, Calif., was charged with four felony counts of insurance fraud and booked into an Orange County Central jail last week, and bail was set at $10,000. If convicted, …
