May 22, 2002
The Hartford Financial Services Group announced a series of new initiatives that enable agents to do business with the insurer using processes that meet their agency’s specific needs. The initiatives involve IVANS’ Transformation Station, HNC’s Blaze Advisor and Access CoverageCorp’s …
May 22, 2002
Computer Sciences Corporation introduced new versions of two property and casualty insurance software applications, iSolutions Tools and S3+ Billing at ACORD’s 2002 Conference. Both applications meet CSC’s service-oriented architecture requirements, enabling rapid integration and implementation with clients’ existing systems. The …
May 22, 2002
Seeking to build on the successful foundation laid by its Multicultural Agents Forum series, the Independent Insurance Agents & Brokers of America (IIABA) has established a Diversity Task Force, charging it with “fostering a profitable independent agency force that reflects, …
May 22, 2002
Standard & Poor’s said it lowered its counterparty credit rating on Zenith National Insurance Corp. (ZNT) to double-‘B’-plus from triple-‘B’-minus and its ratings on ZNT’s affiliates, Zenith Insurance Co. and ZNAT Insurance Co. (Zenith), to triple-‘B’-plus from single-‘A’-minus due to …
May 22, 2002
Orlando – “We cannot afford to pay another loss like 9/11.” Just one of the thoughts of Frank Coyne, president and CEO of Insurance Services Office (ISO), during a general sessions panel on the final day of the 2002 ACORD …
May 22, 2002
Ohio Casualty Corporation filed with the Securities and Exchange Commission a Registration Statement on Form S-3 registering its currently outstanding 5.00 percent Convertible Notes and the common shares issuable upon conversion of the notes. Theses notes, aggregate principal amount of …
May 22, 2002
The Missouri Department of Insurance announced that its director, Scott B. Lakin, will hosed a public roundtable discussion on key issues facing consumers and regulators in Kansas City on May 23. Five state insurance directors and the National Association of …
May 22, 2002
Okemos, Mich.-based digital risk insurance specialist SafeonlineT, has extended cover under its SafeonlineT SafeEmail policy to help businesses keep pace with their growing liability exposures. Pricing remains the same and insured’s will be receiving a letter in the next week …
May 22, 2002
The Bermuda-based Liverpool Fund, which owns a one percent stake in Italian insurer La Fondiaria, is reportedly considering taking legal action to block the decision by Consob, the Italian stock market regulator, that SAI, another Italian insurer, is not required …
May 22, 2002
Bermuda-based ESG Re has taken the somewhat unusual step of putting shareholders’ questions, and the company’s responses, on-line through a press release and on its website. The company recently reported a $5.5 million net loss for the first quarter (See …