Newsbriefs

REINSURANCE FOR FREMONT GENERAL

Fremont General Corp. entered into an adverse development reinsurance agreement with Fremont Indemnity, a subsidiary of Fremont General, and XL...

PLUS EXPANDS ITS FRONTIERS

The 13th Annual Professional Liability Underwriting Society (PLUS) International Conference will take place Nov. 8-10 in San Antonio, Texas. In...

LOW KNOWS BEST

Newly inaugurated Insurance Commissioner Harry Low announced plans to reorganize the California Department of Insurance (CDI). Low, who has been...

VESTA BRANCHES OUT

Vesta Insurance Group plans to enter into the banking and non-standard auto markets as part of a strategy to increase...

NO WORKERS’ COMP FEES-FOR NOW

The Independent Insurance Agents of America (IIAA) and the National Council of Compensation Insurers (NCCI) have reached an agreement that...

INSURSCAPE SCOUTIN’ FOR AGENTS

Insurscape.com™, a workers’ compensation underwriting program that provides total services via e-commerce, launched a national web-based workers’ compensation service to...

CNA GOES SAILING ON THE INTERNET

CNA Maritime has established “Ocean Marine Manager network interface,” (OMMni), “an automated cargo insurance system accessible over the Internet.” Designed...

SENATE GRANTS CHINA PNTR STATUS

The U.S. Senate passed a bill granting China permanent normal trading relations (PNTR), thus clearing one of the final obstacles...

TDI TAKES OVER BENEFIT LIFE

Benefit Life Insurance Co. of Richardson, which specialized in individual accident and health insurance policies, has been placed in court-ordered...

MARINE AGENT BEACHED

A Kentucky insurance agent and agency have agreed to a $50,000 penalty for selling Texans millions of dollars worth of...

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