Chicago-based insurance broker Acordia Inc. announced it has begun installing CoverageConnect web-based insurance diagnostic, quoting and binding application software and plans to roll the product out to all of Acordia’s 176 offices throughout North America. Online risk management diagnostics built …
Swiss Re announced that its annual conference, “Year-end Economic and Insurance Industry review of 2001 and Outlook for 2002,” will be held at its New York Offices at 55 E. 52nd Street next Tuesday December 4, 2001 from 8:30 to …
Standard & Poor’s assigned its single-‘A’-minus long-term counterparty and insurer financial strength ratings to Finnish insurer Sampo Industrial Holdings Insurance Co., the nonlife subsidiaries of Sampo PLC, and placed them on CreditWatch with positive implications. The rating agency’s action takes …
Maurice “Hank” Greenberg, the CEO of American International Group and Lloyd’s Chairman Saxon Riley met yesterday at a ceremony marking the opening of a new AIG-backed syndicate at Lloyd’s. They were expected to hold talks concerning the state of the …
A federal grand jury ended a two-year investigation into the activities of political consultant Michael A. Solomon by handing down a 25 count indictment for mail fraud, alleging that he used his privileged position to funnel insurance commissions into dummy …
Colonial Life & Accident Insurance Co. announced that Dave Rather has been named Vice President of Sales for the Northeast region, including Maine, New Hampshire, Vermont and New York. He’ll also be responsible for Colonial’s public sector business in Rhode …
A hearing officer appointed by the Idaho Department of Insurance (IDI) has rejected a petition to allow competing insurance companies and trade associations to intervene in a license hearing for Advantage Workers Compensation Insurance Company (Advantage). The group seeking to …
California-based ADP® Claims Services Group announced that it has signed a definitive agreement to purchase substantially all of the assets of ComputerLogic’s® AutoVista ™ claims line of business. The AutoVista assets will be combined with ADP’s Claims Gateway ™ to …
Fitch assigned a rating of ‘AA’ to The Chubb Corporation’s offering of $600 million of new senior debt securities. The offering includes $400 million of 6.0 percent senior notes due 2011, and $200 million of 6.8 percent debentures due 2031. …
A new conference, “Law & Policy on the Internet: A Forum for the Insurance Industry,” is set for Jan. 7-8, 2002, in Washington, D.C. This event offers the latest analysis of online insurance administration. Speakers include senior partners from the …
