November 27, 2000
Equipment breakdown coverage: it’s the modern-day descendant of what has been traditionally referred to as boiler and machinery insurance. And today’s businesses need it just as much as they did in the old days. In fact, Denis O’Shea, assistant vice …
November 27, 2000
As part of a cost-cutting initiative, Santa Monica, Calif.-based Fremont General Corp. has reduced the production and claim service offices of Fremont Compensation Insurance Group from 41 to 24. Of these remaining offices located in 17 states, 16 are full …
November 20, 2000
Creates New Frontier in Construction Defect Litigation, Definition of Pollution At the center of what could become one of the fastest growing areas of both construction defect litigation and toxic tort litigation is an extremely common organism found in virtually …
November 13, 2000
Concurrent with Chicago, Ill.-based Aon Corporation’s recent announcement of third-quarter 2000 earnings, the company laid out a preliminary blueprint for implementation of its “business transformation plan,” which will include a 6 percent reduction to its worldwide insurance underwriting and business …
November 13, 2000
Since its emergence just three years ago, the market for weather risks has become a significant new development on the radar screen of the reinsurance industry. “Weather is essentially a new class of risk that is now being introduced to …
November 6, 2000
Insurance Dot-Coms Shift Increasingly Toward the Agent In the fast-paced environment of Internet insurance, any attempt to define trends and categorize business models on the information highway can be an exercise in frustration. However, in some ways the dot-com race …
October 23, 2000
The hotly contested language of Section4(b)8 became a thing of the past on Oct. 4 when the National Association of Insurance Commissioners (NAIC) voted unanimously to delete the section from its Producer Licensing Model Act. “Because this one issue has …
October 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 Duler, CEO of Esurance, told Insurance Journal. “We …
October 16, 2000
A majority interest in Esurance Inc., a direct-to-consumer, online provider of personal lines insurance, was acquired by Folksamerica Holding Company Inc. “It was just the right thing at the right time,” Jean-Bernard Duler, CEO of Esurance, told Insurance Journal. “We …
October 16, 2000
The hotly contested language of Section4(b)8 became a thing of the past on Oct. 4 when the National Association of Insurance Commissioners (NAIC) voted unanimously to delete the section from its Producer Licensing Model Act. “Because this one issue has …