Latest Carriers Headlines
All the headlines from our Carriers Topic Page, ordered by recency.
Swiss Re Study: Outlook Promising for U.S. Credit Insurers
Oct 31 2000 // So found a recent Swiss Re sigma study “Trade Credit Insurance.” The study also found the products that will likely boost revenue include: credit lines for commercial internet purchases, information services...
Independent currents:Scary E&O Stories (Just in Time for Halloween!)
Oct 30 2000 // I’ve sat in classes taught by Jim Harrison (insert two dozen professional designations here), one of the best insurance educators in the country. He has this little shtick that wakes up the class. He tells an ugly...
European Online Brokers InsuranceCity, InsuranceWide Show the Way
Oct 30 2000 // “Right now we think we’re ahead of the States in [online] personal lines,” said James Harrison, Chief Operating Officer of the U.K.’s InsuranceWide (IW) www.insurancewide.com. He might be...
Insurance Groups Voice NAFTA Concerns
Oct 30 2000 // The provisions of the North American Free Trade Agreement have been in place for several years, but Mexico and the U.S. have yet to simplify cross-border shipping by implementing a feasible cross-border insurance system...
Independent currents Scary E&O Stories (Just in Time for Halloween!)
Oct 30 2000 // I’ve sat in classes taught by Jim Harrison (insert two dozen professional designations here), one of the best insurance educators in the country. He has this little shtick that wakes up the class. He tells an ugly...
Ohio Insurer to Meridian Insurance Group
Oct 27 2000 // Meridian Insurance Group will be purchased by State Auto Financial Corp. of Columbus, Ohio. The company will pay $30 a share, or more than $228 million, to buy the large Indiana insurer. The deal, announced late Wednesday,...
More Fallout From Japanese Life Failures
Oct 24 2000 // Masaharu Hino, the head of Japan’s Financial Services Agency (FSA) which oversees the Japanese insurance industry, indicated that his office would press life insurers to supply more information concerning their...
Japanese Life-P/C Insurers In Talks To Form Alliance
Oct 23 2000 // Nippon Life Insurance Co., Japan’s largest, was reportedly holding talks with Mitsui Marine & Fire Insurance Co., its 3rd largest p/c insurer and Sumitomo Marine & Fire Insurance Co., its 5th largest, in an...
Border Crossing
Oct 23 2000 // NAFTA Still Hobbled By Stafety Concenrns, Cross-Border Insurance Isues The provisions of the North American Free Trade Agreement have been in place for several years, but Mexico and the United States have yet to simplify...
Online Insurer Esurance Acquired by Folksamerica Holding Co.
Oct 23 2000 // A majority interest in Esurance Inc., a direct-to-consumer online provider of personal lines insurance, was acquired by Folksamerica Holding Co. Inc. It was just the right thing at the right time,” Jean-Bernard...
Survey Reveals Insurers Top Fraud Concerns
Oct 20 2000 // According to a recent survey compiled by the National Association of Independent Insurers (NAII), medical fraud rings, staged auto accidents, arson, and workers’ comp scams top the list of fraud concerns for the...
13 Insurers Await Indian Licenses
Oct 17 2000 // India’s Insurance Regulatory and Development Authority confirmed that 13 foreign based insurance companies with their local partners have applied for permission to establish privately owned life or general insurance...
eCoverage Receives High Ranks on Gomez’s Fall 2000 Insurance Carriers Scorecard
Oct 17 2000 // eCoverage (www.ecoverage.com) was named the number one site for “Ease of Use” and “Customer Confidence” on the Gomez Fall 2000 Internet Insurance Carrier Scorecard(TM). According to Gomez, eCoverage...
U.K. Health Dept. OK’s Insurers’ Use of Genetic Testing
Oct 16 2000 // The Department of Health’s Genetics and Insurance Committee (GAIC) has granted U.K. insurers permission to consider the results of genetic testing for Huntington’s Disease (also known as Huntington’s...
Community Banks Purchase Insurance Company
Oct 11 2000 // The Delaware County Bank & Trust Company, a subsidiary of DCB Financial Corp along with four other community banks used their holding company powers to close a transaction Oct. 5 in which they purchased an equity...
Fortis Set To Acquire Dutch Insurer
Oct 9 2000 // Fortis, the Belgian Dutch banking insurance and financial services group, is set to acquire Holland’s ASR Verzekeringsgroep, one of the country’s largest insurers, through a public cash and stock offering. ASR...
An Agent’s Nightmare Continues
Oct 9 2000 // Editor’s Note: This is the second part of a story that appeared in our Sept. 25 issue. The first story described the facts of the case, up to the point of verdict and judgment. This column describes the verdict and...
Allianz Completes Acquisition of Dutch Insurer from Hartford
Oct 6 2000 // AGF, the French subsidiary of Germany’s Allianz, announced that it had completed the acquisition of Dutch insurer Zwolsche Algemeene N.V.(ZANV) from the Hartford International Financial Services Group, substantially...
Alliance Study Shows Industry Contributes $200 Billion to U.S. Economy
Oct 6 2000 // The insurance industry contributes almost $200 billion to the United States’ gross national product each year, approximately 2.4 percent of the total GNP, according to the latest edition of a study compiled by the...
After the Gold Rush: Insurance Dot-Coms Shift increasingly Toward the Agent
Oct 2 2000 // In the “stake-your-claim” environment of Internet insurance, any attempt to define trends and categorize business models can be an exercise in frustration. However, in some ways the dot-com gold rush is slowing...
