June 27, 2001
Australia’s QBE announced that it plans to rearrange its interests in several Lloyd’s syndicates managed by its wholly owned subsidiary Limit plc, and will increase their underwriting capacity. The syndicates have a combined capacity of approximately $1.2 billion for the …
June 27, 2001
A U.S. District Court Judge on Tuesday ordered MetLife Inc. to respond to charges that it consistently charged black Americans higher premiums than whites for low cost life insurance and burial policies. By failing to grant MetLife’s request to dismiss …
June 27, 2001
Kaye Group, the parent of Old Lyme Insurance Co. of Rhode Island, announced promotions for three of its top executives, Damian Testa, Douglas Schenendorf and Robert N. Munao. Testa was named President of Kaye Group’s Retail Property and Casualty Insurance …
June 27, 2001
A report in The Village Voice details the problems confronting New York City’s emergency services, focusing on the marked tendency of private ambulance drivers to bring injured, but insured, emergency victims to their own affiliated hospitals, rather than the nearest …
June 26, 2001
San Diego, Calif.-based Mitchell International, a source for information software and e-business solutions for the insurance and automotive repair industries, announced nationwide availability of iNTOTAL.COM, an Internet-based solution designed to provide insurers with highly accurate valuations using 100 percent verified …
June 26, 2001
Following a six-month investigation by the California Department of Insurance (CDI), Organized Automobile Fraud Interdiction Task Force, a former Sacramento auto dismantler was arrested on four felony counts of insurance fraud and two felony counts of perjury. Samvel Saakyan, 27, …
June 26, 2001
International Catastrophe Insurance Managers LLC, a leading provider of commercial catastrophe insurance, recently announced the appointment of Hank Perry as regional vice president for California. Based in Orange County, he will be responsible for ICAT’s producer relationships and product development …
June 26, 2001
The Hartford Financial Services announced that a new system has been incorporated in The Hartford’s Personal Insurance Agency Locator on the company’s website, to capture consumer inquiries and enable agents to turn browsers into buyers. The Personal Insurance Agency Locator …
June 26, 2001
Zurich North America Surety announced it has established dedicated teams to manage its Commercial Surety line of business. Previously, many of the company’s field representatives were responsible for handling both commercial and contract surety products. The Commercial Surety line of …
June 26, 2001
A forum designed to educate corporate risk officers, risk managers, CFOs and CIOs as to the risk exposures inherent in e-commerce and new technologies will be sponsored by Lloyd’s and Tripwire Inc. in New York City on June 26 and …