Chicago-based commercial lines insurer CNA announced that its chief financial officer, Robert V. Deutsch, will step down once a replacement is found. CNA reported a first-quarter loss of $125 million thanks to the sale of its life insurance benefits unit. …
The nation’s report on fatalities shows there were 43,220 deaths overall on the nation’s highways in 2003, up slightly from 42,815 in 2002. At the same time, injuries from motor vehicle crashes declined slightly in 2003, to the lowest levels …
Just hours after Massachusetts Insurance Commissioner Julianne Bowler formally called upon the industry to come up with a plan to change the way private passenger auto high risks are handled, officials of Commonwealth Auto Reinsurers (CAR), the organization that oversees …
Since taking office in January, 2003, Insurance Commissioner John Garamendi has worked vigorously to spur reform of the state’s broken workers’ compensation system. A top priority has been the effort to fight fraud and abuse in conjunction with local law …
Custom Insurance Solutions (CIS) announced a successful installation of their Agency Information Manager (AIM) software at Continental Special Risks (CSR), located in Roswell, Ga. The full service, excess and surplus lines agency went “live” on April 1, 2004. Bob Schacher, …
Hailstorms that hit central Oklahoma a week ago caused more than $75 million in damage, according to preliminary estimates released by the Oklahoma Insurance Department. The Associated Press reported that an estimate of $75 million to $100 million represents the …
DataPath Inc., a Little Rock, Ark.-based provider of software solutions for employee benefits, announced it has been named as the Health Savings Account (HSA) Administrator for the State of Arkansas for the 2005 and 2006 benefit plan years. DataPath was …
Four months after a new law gave insurance companies more freedom to raise their rates, insurance lobbyists were back before a House panel asking for even looser regulatory restraints. According to the Associated Press, regulation pushed by the American Insurance …
The Independent Insurance Agents of San Antonio announced it will host a windstorm insurance underwriting workshop in conjunction with the Texas Windstorm Insurance Association. The workshop is scheduled for June 4, 2004, from 8 a.m. to 12 noon. It will …
Philadelphia Insurance Companies (NASDAQ: PHLY) has launched AutoIDweb, a new service on its AccessPHLY Agent Web Portal that provides agents access to their commercial auto policies with the ability to add/delete vehicles and print compliant Auto ID Cards in real-time. …
