New Jersey-based Chubb Corp. acknowledged that it expects to may around $34 million as its portion of the $2.7 billion settlement reached by PPG Industries to settle over 435,000 asbestos related cases against its bankrupt affiliate Pittsburgh Corning. (See IJ …
A Vatican spokesman has denied that the Catholic Church was in any way liable for the actions of Monsignor Emilio Colagiovanni, a former priest, who’s been charged with helping Martin Frankel bilk more than $200 million from insurance companies in …
Investigators with the California Department of Insurance (CDI) Criminal Investigations Branch’s Investigations Bureau arrested Scott D. Veitch, 35, vice president of Golf Marketing World Wide LLC. Veitch, who is not licensed to conduct insurance business in the State of California, …
A new underwriting system providing users with production efficiencies, advanced rules enforcement, systems control and graphic reporting capabilities, will be unveiled by Insurance Data Processing (IDP) at IASA 2002, slated for the San Francisco Convention Facility, June 2-4. The system, …
As state departments of motor vehicles across the country start requiring insurance companies to provide automatic verification of insurance coverage at the time of vehicle registration, along with immediate notification when policies lapse, two California-based companies—Qualcorp Inc. and ACOM Solutions—have …
Accenture has been chosen to implement its Web-based Claim Components software application at Kemper Insurance Companies, a provider of commercial casualty and specialty insurance services, and has licensed the software to Kemper. The system will be integrated with Kemper’s current …
The Alliance of American Insurers expressed its opposition to the online privacy bill scheduled for markup on May 16 in the U.S. Senate Commerce, Science and Transportation Committee. Sponsored by Senate Commerce Committee Chairman Ernest F. Hollings (D-SC), the Online …
New Jersey-based Insurance Services Office, Inc. (ISO) has acquired Boston-based Applied Insurance Research (AIR), a leading provider of risk-assessment and management technology for all major natural hazards in the U.S. and 40 countries worldwide. The deal will allow ISO and …
Indianapolis-based casualty insurer, Baldwin & Lyons Inc., announced changes in top management at its subsidiaries, Protective Insurance and Sagamore Insurance. James W. Good was named president of Protective Insurance Company and Joseph J. DeVito was appointed president of Sagamore Insurance …
Meadowbrook Insurance Group Inc., a specialty risk management company headquartered in Southfield, Mich., has been awarded a five-year extension to its service contract with the Minnesota Counties Insurance Trust (MCIT). Originally created to provide counties with access to affordable coverage, …
