Chinese insurance regulators have notified nine European insurers that they may submit documents preliminary to receiving licenses to begin or expand operations in the country. The action comes following China’s admission to the World Trade Organization, and was seen as …
AGF, the French insurance arm of Germany’s Allianz, announced that it expected total loss exposure from the explosion last Friday of a chemical factory in the Southwestern city of Toulouse to be between € 610 and € 910 million ($563 …
Lloyd’s of London said Tuesday that it had completed a review of the potential loss liabilities from more than 100 of its 108 active underwriting syndicates and estimated that its overall net exposure from the September 11 attacks in the …
The Board of Directors of the MIIX Group, a provider of medical professional liability insurance based in Lawrenceville, New Jersey, announced that Patricia A. Costante has been named to replace Richard J. Quagliaroli as CEO. Quagliaroli, a 30 year veteran …
The Pennsylvania Insurance Fraud Prevention Authority (IFPA) honored the work of two veteran insurance investigators, Nationwide’s George K. Butler and Erie’s Richard K. Fritz, with its first ever “Fraud Fighter Awards.” Butler, a special investigator in Nationwide’s Philadelphia office, and …
California-based ProcessClaims, the first claims solutions provider to facilitate open architecture claims processing via the Internet, announced that Explorer Insurance Company renewed its partnership agreement with ProcessClaims. The new two-year agreement facilitates Explorer’s continued utilization of ProcessClaims’ industry leading solution …
San Diego-based ConfirmNet Corporation and ebix.com Inc. entered into an agreement to offer ConfirmNet’s CertificatesNow service as the exclusive third-party online provider of certificates of insurance for agents and brokers on ebixasp. CertificatesNow is an online service allowing agents and …
The California Department of Insurance (CDI) Producer Licensing Bureau now has a new web-based search to locate education providers and course offerings. Agents will no longer have to wait for the listing of providers and courses needed to complete their …
The Heffernan Group, one of the largest brokerage firms in the country, announced its merger with Area West Insurance Services Inc., a San Rafael, Calif.-based brokerage firm specializing in property owners/managers and personal insurance. Under the terms of the deal, …
Tennessee-based Diversified Product Inspections Inc., a provider of independent product investigations specializing in product failures, air contamination and fire investigations for the insurance industry, announced that the amount of defective product inspections per month has increased by 181 percent since …
