Newsbriefs

U.S. HOUSE COMMITTEE TAKES SHAPE

The House Financial Services Committee subcommittee has been revised for the newly minted panel, which will have broad sway across...

SAFECO POSTS LOSS

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

INSURERS CITE DATA LIMITS

Four insurance trade associations have said they cannot supply data to federal safety regulators that will indicate whether certain passenger...

E.W. BLANCH NAMES NEW COO

Insurance broker E.W. Blanch Holdings Inc. has named Chris Walker as its new president and chief operating officer, succeeding Ted...

IIAA LEGISLATIVE CONFERENCE

Nearly 800 independent insurance agents will come together in the nation’s capital May 2-4 for the 25th Annual Independent Insurance...

METLIFE SUED BY EEOC

The Equal Employment Opportunity Commission filed suit in Houston against Metropolitan Life Insurance Co. based on allegations the company retaliated...

STATES TO LIQUIDATE QUEENSWAY UNIT

Queensway Financial Holdings Ltd. said in late January that the Florida and Georgia departments of insurance had both obtained court...

TEXAS LEADS 2000 CAT LOSSES

U.S. property/casualty insurers paid $4.3 billion in catastrophe claims, making 2000 the second-lowest year for catastrophe losses in the last...

NATIONWIDE CALLS ON SAN ANTONIO

Nationwide Insurance, one of the country’s largest property-casualty insurers, will establish a national claim call center in San Antonio. The...

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