Newsbriefs

HURRICANE FORECASTS

As of early April, the Colorado State University hurricane forecasting team led by William Gray has upped the numbers for...

AGENT WEBSITE UNVEILED

Instant-quote.com has launched Agentquote.com, a new way to create online web sites for insurance agents. Agentquote.com allows agents to create...

RATING BY ZIP CODE STILL OKAY

Thanks to a decision made March 28 by the California State Supreme Court, insurers can continue adjusting rates based partially...

BEAZLEY COMPLETES BUYOUT

Beazley, one of Lloyd’s leading syndicates, has completed a management buyout. “Under the new structure, the directors and staff will...

DANGER ON THE ROAD

The number of people killed in traffic accidents increased last year, due in part to a rise in fatal motorcycle...

SAFECO STILL UNDER SCRUTINY

On March 28, S&P removed the ratings of SAFECO Corp. and related entities from CreditWatch and lowered SAFECO’s counterparty credit...

ZURICH, INSUREZONE TEAM UP

InsureZone has aligned with top-rated insurance carrier Zurich North America Small Business, a unit of Zurich North America. InsureZone will...

NEW WARNING FROM CLAIMS DIRECT

Claims Direct, the U.K. company that handles accident victims compensation claims online, issued a new profit warning on March 28,...

STATE FUND DOWNGRADED

A.M. Best lowered the financial strength rating of the State Compensation Insurance Fund of California (SCIF), San Francisco, Calif., from...

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