Yearly Archives: <span>2001</span>

Docucorp Delivers Document Intelligence, XML Capabilities

DocucorpĀ®, a provider of enterprise information solutions, announced the integration of numerous XML components within its core technology. According to the company, with a product set that already addresses the complete enterprise information lifecycle (acquire, manage, personalize and present), Docucorp …

NAMIC Urges Halt to Potential Spread of Prop.

The National Association of Mutual Insurance Companies (NAMIC) wants regulators to reject demands for legislation modeled on California’s Proposition 103. The Improvements to State-based Systems (IS3) Working Group of the National Association of Insurance Commissioners (NAIC) heard the demands while …

Booz-Allen Survey Reveals Gap Between Internet Insurance Offerings and Customer Needs August 24, 20

Despite explosive growth in traffic, many insurance Internet sites fail to measure up to competing bank and brokerage sites, according to a recent eInsurance study by Booz-Allen & Hamilton, a worldwide management and technology consulting firm. Insurance company sites do …

Missouri Now Allows Non-Resident Surplus Lines Insurers

A new law going into effect Aug. 28 repeals the state residency requirement for surplus lines insurers in Missouri. The law, enacted as Senate Bill 605, allows the director of insurance to issue surplus lines licenses to qualified nonresidents, said …

Items in Antiques Roadshow Aren’t Adequately Insured

Thousands of people came to the Indiana Convention Center and RCA Dome Saturday for the Indianapolis stop of the 2001 Chubb’s Antiques Roadshow summer tour, anxious to find out how much their personal treasures were worth. But while show attendees …

Bright Forced Into Bankruptcy by Independent Collapse

Michael Bright, the founder and former CEO of the U.K.’s failed Independent Insurance Co., announced yesterday that he was unable to pay an estimated £5 million ($7.25 million) in debts and had filed for personal bankruptcy earlier this month. Bright, …

Hyundai Deal in Question As AIG Hangs Tough on Share Price

One might begin to consider AIG’s deal to acquire three Hyundai financial units as as a perfect example of Yogi Berra’s famous line that “it’s never over ’til it’s over.” No sooner had the ink begun to dry on a …

ING Posts 16% Gain in 1st Half Net on Strong Insurance Sales

Holland’s ING Group surprised analysts with 16 percent growth in operational net profit for the first six months of 2001 to €2.403 billion ($2.198 billion) on a strong performance by its insurance units, which posted a 28.4 percent rise in …

IIAANY Urges Adoption of 30 Day Accident Reporting

The Independent Insurance Agents Association of New York has come out strongly in favor of reducing the current 180 day period for filing an accident report to 30 days. The IIAANY feels that a prompt reporting requirement will help stabilize …

Chubb Hosts Minority-Owned Producer Forum

The Chubb Group of Insurance Companies hosted a forum for minority-owned producers from across the country at its corporate headquarters in Warren, New Jersey on Tuesday. The company welcomed 20 producers from 10 states to the two and a half …