Newsbriefs

ALLIANCE, NAAA PART WAYS

Effective Jan. 1, 2001, the relationship between the American Agents Alliance and the National Auto Agents Alliance (NAAA) was officially...

CHUBB WEIGHS OPTIONS

Chubb announced that it was reevaluating its options as a long-term investor in the Lloyd’s insurer Hiscox. Chubb currently has...

CREDIT GENERAL TO LIQUIDATE

The Franklin County Court of Common Pleas in Ohio granted a request for liquidation order filed by the Ohio Department...

ACE TO SPLIT

a move to enhance company efficiency, Hamilton, Bermuda-based ACE Ltd. announced its plans to divide its operations into two units....

BANKING ACT BRINGS INSURER PROTEST

The Independent Insurance Agents of America (IIAA) and the National Association of Insurance and Financial Advisors (NAIFA) expressed opposition to...

CAR-BUYING QUIRKS

A survey of consumers’ new car-buying attitudes conducted by Progressive Insurance finds that many people place a higher value on...

ARGONAUT REPORTS LOSS

For the 12 months ended Dec. 31, 2000, Argonaut Group Inc. reported a consolidated net loss of $83.3 million on...

CIAB REPORTS P/C RATES UP

Through its fourth quarter 2000 Commercial Insurance Market Index, The Council reported commercial property/casualty premium rates across all lines of...

SAFECO POSTS LOSS

Safeco has reported lower profits for 2000, and an operating loss for the fourth quarter. For the full year 2000,...

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