California’s Conservation and Liquidation Office (CLO) will distribute $530 million to policyholders and claimants from the liquidated estate of the Mission Insurance Companies, California Insurance Commissioner John Garamendi announced Wednesday. The latest amount brings the total amount distributed since 2003 …
QueryPlus is a reporting tool that reads every database you operate on your LAN/WAN simultaneously and in real time. Regardless of location or size of your database! QueryPlus connects the information from any of these databases: Access, dBASE, Informix, MySQL, …
Oldsmar, Fla.-based eAutoclaims, a provider of managed collision repair services and insurance claims processing technology applications, reported growth in claims volume processed for the quarter ending Jan. 31, 2006. The company said its Special Market Division saw a 50 percent …
St. Paul Travelers has introduced a Tribal Workers’ Compensation product for Indian tribes and their enterprises. This product is specifically designed for federally-recognized Indian tribes that have a tribal ordinance which requires employers to pay benefits to their employees for …
State and federal regulators today announced agreements that resolve pending litigation and investigations of fraud, bid-rigging and improper accounting by the nation’s largest insurance company. Under the agreements, American International Group (AIG) has acknowledged misconduct, adopted a series of groundbreaking …
Infinity Property and Casualty Corporation, headquartered in Birmingham, Ala., reported it declared a quarterly dividend of $0.075 per share of Infinity Property and Casualty Common Stock. The annual rate of $0.30 represents a 25 percent increase over the dividend paid …
Fires damaged four more rural Alabama Baptist churches recently following a rash of suspected arsons that burned five others south of Birmingham last week, a state official said Feb. 7. The four new fires were near the Mississippi line, about …
JPMorgan Chase & Co. has agreed to sell its life insurance and annuity underwriting business to Protective Life Corp. for about $1.2 billion in cash. JPMorgan Chase has its corporate headquarters in New York and its U.S. consumer and commercial …
Texas Commissioner of Workers’ Compensation Albert Betts announced organizational changes at the Texas Department of Insurance Division of Workers’ Compensation effective immediately. Major reforms of the Texas workers’ compensation system approved by the Legislature in House Bill 7 last year …
Insurance companies shouldn’t be able to point to floodwater marks or homes shifted from their foundations as the only reason for denying claims, a Louisiana Senate committee has decided. The bill by Sen. Julie Quinn is another piece of a …
