Newsbriefs

NAIC DEBATES FRAUD PROVISION

On behalf of the nation’s insurance commissioners, NAIC President and Kansas Insurance Commissioner Kathleen Sebelius is urging Congress to remove...

NEW PARTNERSHIP FOR W/C

Advantage Workers’ Compensation Insurance Company of Salt Lake City was named the underwriting partner of Boise-based WorkCare NorthWest, a partnership...

ST. PAUL BUYS LONDON GUARANTEE

The St. Paul Companies finalized a definitive agreement to purchase London Guarantee Insurance Company for $80 million. The transaction is...

INSURERS PAYING POT CLAIMS

According to an AP Online report, insurers are paying out claims to a growing number of medical marijuana users whose...

Insurance Scholarship Launched

The family of Richard Marks and Independent Insurance Agents of Houston (IIAH) have initiated The Richard Marks ISA Scholarship in...

HO Premiums Up Slightly

Overall, the industry reported a 6.6 percent increase in direct premiums for homeowners multiperil insurance from 1999 to 2000, according...

InsureZone Rolls Out BrokerSecure

Fort Worth’s Internet-based insurance agency, InsureZone, announced the launch of BrokerSecure, a service designed to help regional agencies and national...

HCC to buy Prof. Indemnity

Houston-based HCC Insurance Holdings Inc. has signed a letter of intent to acquire all of the outstanding shares of Marshall...

Rackley Adds Travelers

Pulaski, Tenn.-based ratings technology company, Rackley Systems, added Travelers Insurance to their list of companies supported by commercial lines rating...

Texas Fund pays Dividends

The Texas Workers’ Compensation Insurance Fund (Texas Fund) announced plans to pay approximately $25 million in dividends to select policyholders...

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