State Farm Insurance researchers recently conducted a study detailing the country’s most dangerous intersections. Along the way, they found the funniest intersection names. The “funny” list was made public two days after State Farm published a list of the 10 …
Genesys Conferencing, the world’s leading conferencing specialist, announced a strategic relationship with the Property Loss Research Bureau (PLRB) and ClaimsGate.com, PLRB’s online claims marketplace available exclusively to its 900 insurance company members and others in the claim resolution business. The …
According to the National Insurance Crime Bureau (NICB), illegal street racing may be “Fast and Furious” as a popular film suggests, but the real production is largely funded by fraud and theft. The popular film depicts a world whose youthful …
Frontier Insurance Group Inc. announced that the OTC Bulletin Board (OTCBB) suspended trading of Frontier’s common stock as of June 27, 2001. The suspension follows Frontier’s June 15, 2001 Form 8-K filing, which announced Frontier was unable to file its …
The Weather Risk Management Association (WRMA), an international trade organization of the weather risk management industry, recently completed in conjunction with PriceWaterhouseCoopers, a comprehensive survey of the weather market. The study queried a broad cross section of providers from around …
ebix.com Inc. announced the completion of the second and final closing under its Agreement with BRiT Insurance Holdings PLC (BRiT). Pursuant to this closing, ebix issued 4,704,000 shares of ebix common stock in return for a cash consideration of $4.2 …
Independent Insurance provisional liquidators PricewaterhouseCoopers announced that at least 1044 employees of the collapsed insurer would be laid off, effective immediately. The cuts mainly affect sales, marketing and new business underwriting. Only about half of the company’s 2000 employees are …
A.M. Best has assigned an initial rating of ‘A’ (Excellent) to Hannover Re subsidiary, Hannover Re (Bermuda) Ltd. Commenting on the ratings, Best’s announcement said: “The rating reflects the company’s strong stand-alone capitalization and strategic role within the Hannover Re …
Commerce National Insurance Services, a subsidiary of Commerce Bancorp, announced that it had agreed to acquire New Jersey-based Brettler Financial Group. The terms of the deal were not disclosed. “BFG specializes in product liability and other essential lines of insurance …
New Jersey-based Motor Club of America announced that it had completed a name and identity change. Effective July 1 it will be known as Preserver Group, Inc., and will trade on the Nasdaq under the symbol “PRES.” “This is a …
