Newsbriefs

INFORMATION OVERLOAD

The ability of insurers to transform their raw data into knowledge is critical to their survival; yet, despite this imperative,...

IRONING OUT THE DETAILS

Several important developments were reported following a recently concluded two-day meeting in Rome of the International Commission for Holocaust Era...

DEEP WATER FOR JIM BROWN

Louisiana Insurance Commissioner Jim Brown is scheduled for sentencing Jan. 31, 2001, on federal charges stemming from the Cascade Insurance...

AMERICAN STATES RENAMED

SAFECO subsidiary American States Business Insurance will now be called SAFECO Business Insurance. The change comes three years after SAFECO...

E.W. BLANCH CONSIDERS SALE

Insurance broker E.W. Blanch Holdings Inc. is exploring strategic alternatives including a sale of the company. The move comes after...

AON CUTS 3,000 JOBS

Aon Corp. reported it will cut 3,000 jobs, or 6 percent of its work force, and take up to $325...

RELIANCE THWARTS BANKRUPTCY

Reliance Group Holdings has once again pushed back a repayment deadline, allowing the company to stave off any bankruptcy filings....

U.S. TOBACCO FIRMS SUED BY EU

Philip Morris and R.J. Reynolds were named in a complaint by the European Union’s governing commission for complicity in the...

GAINSCO TO EXIT COMM. TRUCKING

GAINSCO has reported a third quarter loss of approximately $7.6 million. As a result, the company has concluded it will...

PRODUCERS LLOYDS GOES ONLINE

Amarillo, Tex.-based Producers Lloyds Insurance Co., one of the country’s largest crop insurance companies, has begun offering farmers their crop...

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