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

Calif. Assembly Insurance Committee Kills Data Collection Legislation

Following intense opposition by the insurance industry, the American Insurance Association (AIA) reported that the California Assembly Insurance Committee defeated legislation that would have disclosed insurers’ geographic sales and marketing results to the public. The bill failed passage on a …

Calderon Announces Candidacy for California Insurance Commissioner

Thomas M. Calderon, the chair of the Assembly Committee on Insurance, announced his candidacy for California Insurance Commissioner. Calderon’s press office said he has distinguished himself as a reformer of the worker’s compensation system and as one of the key …

TRADEPAQ, CNA Partner to Expedite Global Trade Transactions For Ocean Shipping

TRADEPAQ Corp., a provider of e-business infrastructure solutions for global trade, announced its partnership with CNA’s marine division, one of the largest providers of marine cargo insurance, that will enable customers to complete trade transactions for ocean shipping faster and …

INSTEC, Infinity Web Systems Form Strategic Partnership

Insurance Information Technologies, Inc. (INSTEC) and Infinity Web Systems Inc. announced a strategic partnership to address the needs of the insurance carrier marketplace. The joint product offering resulting from this partnership will combine INSTEC’s full policy rating & issuance capabilities …

Kansas Auto Insurance Rates Among Lowest in U.S.

A recent report from the National Association of Insurance Commissioners (NAIC) notes that Kansas residents paid an average of $542.01 for auto coverage in 1999, the seventh lowest rate in the nation. The Kansas rate ranks less than half of …

EPolicy, The Hartford Form Alliance

EPolicy.com Insurance Services Inc. has forged an agreement with The Hartford Financial Services Group Inc. to offer workers’ compensation policies, business owners policies (BOP), commercial auto and umbrella coverage to ePolicy’s clients. Don Martin, CEO for ePolicy, noted that the …

CDI Arrests Fresno Couple on Charges of Insurance Fraud

A pair of Fresno, Calif., residents were arrested following a 10-month investigation by the California Department of Insurance (CDI) Criminal Investigations Branch’s Fraud Division and several other task forces, including the California Highway Patrol, the Fresno County HEAT Team, the …

Oregon Legislature Wraps Up 2001 Session

Oregon’s legislature adjourned last weekend having once again considered a staggering number of bills during its biennial session, including dozens of insurance-related bills. Michael Harrold, Northwest regional manager for the National Association of Independent Insurers (NAII), noted that, after a …

The St. Paul Implements OneSource Business Browser

OneSource® Information Services Inc. announced that The St. Paul Companies is implementing OneSource’s Business Browser(SM) product line to access and use critical financial information. Business Browser provides information on both private and publicly traded companies with the aim of enabling …

Farmers Issues Statement in Response to

Farmers Insurance Exchange, a member company of the Farmers Insurance Group of Companies, stated it is disappointed and concerned about the recent verdict against it rendered by the jury in Alameda County (Calif.) Superior Court in the overtime case of …