Monthly Archives: <span>July 2001</span>

Insuring The Children Awarded $10,000 from The Hartford

Insuring the Children (ITC), the insurance industry’s initiative to end child abuse and neglect, has received a $10,000 commitment from The Southern California Regional Office of The Hartford Financial Services Group Inc. The nonprofit organization made the announcement at its …

ConfirmNet Welcomes New CEO

San Diego-based ConfirmNetâ„¢ Corporation, the developer of CertificatesNow, a web-based certificate of insurance process, announced the hiring of Mark Oemcke as CEO. Craig Irving, interim CEO since June 2000, will resume his position as Chairman of ConfirmNet’s Board of Directors. …

Insurance.com Announces Online Marketing Partnerships

Insurance.com(SM), a Fidelity Investments company, announced a series of strategic online marketing agreements with AOL-Time Warner (AOL), Bloomberg, Bankrate (RATE), Yahoo! (YHOO), Multex (MLTX), and Learning Network/Family Education that point to the company’s growing consumer appeal and Fidelity Investments’ continued …

Fiserv Renames FREEDOM Insurance Division

Fiserv Inc. announced the renaming of the FREEDOM Insurance Division to Fiserv Advanced Insurance Solutions. The new identification is part of the market positioning strategy for the recently formed Administrative Solutions Division of the Fiserv Insurance Solutions Group. Tony Perdichezzi, …

NAII Gives ‘Thumbs Up’ to ‘HHS’ Privacy Guidance Document

The National Association of Independent Insurers (NAII) gave high marks to the Health and Human Services Administration’s (HHS) first guidance document incorporating clarifications to its regulation on protecting the privacy of medical information. Nancy Schroeder, NAII assistant vice president, workers’ …

Nationwide Agrees to Sell Neckura Holding AG

According to an A.M. Best report, Nationwide Mutual Insurance Co. said it agreed to sell Neckura Holding AG, the parent of its German automobile insurance operations, to Zurich Group Germany, a unit of Switzerland’s Zurich Financial Services Group. Terms were …

N.Y. Workers’ Comp Levels Will Not Increase

There will be no overall increase in workers’ compensation rates for the state of New York in the coming year, according to Superintendent Gregory Serio. Along with a decrease in the assessment, the net impact will be an overall drop …

N.Y. Agents Trade Association Promotes Executive

Richard A. Poppa, Chief Executive Officer of the Independent Insurance Agents Association of New York Inc., announced the promotion of Lisa Lounsbury, IIAANY’s vice president of marketing, membership and market research, to the newly created position of senior vice president, …

California Workers’ Comp Carriers See

Trying to operate in a shaky market, a pair of California workers’ compensation carriers have seen their ratings drop from “A” to “A-” following review by analysts at A.M. Best. Both Encino-based Republic Indemnity Insurance Pool and Woodland Hills-based Zenith …

Colonial Penn Prop Lowered

S&P lowered its FSR and counterparty credit rating on Colonial Penn Insurance Co., Colonial Penn Franklin Insurance Co., Colonial Penn Madison, and GE Auto & Home Assurance Co. (together known as Colonial Penn Property/Casualty Insurance Group, or CPG) to “AA-” …