Newsbriefs

NAMIC ADVOCATES CREDIT HISTORY USE

The Board of Directors of the National Association of Mutual Insurance Companies (NAMIC) has endorsed the use of a consumer’s...

SAFECO FIELD INSURANCE TRIPLES

While the Seattle Mariners made a huge leap on the baseball diamond this past season, the cost to insure Safeco...

FRONTIER PACIFIC LIQUIDATED

Frontier Pacific Insurance Company, which was conserved because it is insolvent, was finally given the Liquidation Order on Dec. 3....

NAII OPPOSES NV AMENDMENTS

According to the National Association of Independent Insurers (NAII), several amendments the Nevada Division of Insurance is considering to underwriting...

CEA MARKS 5th ANNIVERSARY

The California Earthquake Authority (CEA) announced it is celebrating its five-year anniversary, having recently surpassed the $1 billion milestone for...

SAFECO EXPECTS ENRON LOSSES

Insurer SAFECO Corp. stated that it expects fourth-quarter profits to be cut by insurance policies sold to Enron Corp., investments...

REGULATORY SYSTEM ANALYZED

The California system held up by a consumer group as a model for auto insurance regulation in fact may have...

INSURERS TO RESOLVE 9/11 DISPUTES

A number of major U.S. insurance companies agreed to resolve inter-insurer disputes in relation to the Sept. 11 acts of...

INSURANCE AUTO AUCTIONS EXPANDS

Insurance Auto Auctions Inc., a Schaumberg, Ill-based auto salvage and claims processing service provider, announced the opening of a new...

FITCH PREDICTS BAD YEAR FOR P/C

Fitch published a review of the nine-month 2001 reported GAAP results for the larger property/casualty insurers to assess operating performance...

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