Newsbriefs

BANK PURCHASES S.A. AGENCY

International Bancshares Corp. has completed its entry into the insurance industry with the creation of a wholly owned insurance subsidiary...

AON RE EXECS BUY OUT UNIT

Former executives at an Aon Re Inc. unit have broken ties with the reinsurance intermediary to start an independent firm....

THE DISMANTLING OF RELIANCE

Markel Corp. has reached an agreement in principle with Reliance Group Holdings to acquire the renewal rights to Reliance’s Child...

AMERICAN COLLEGE, LUTC COMBINE

The American College and LUTC Inc. have approved a plan that will combine both organizations into a educational organization serving...

CHUBB GETS CLUBBED:

The law firm of Milberg Weiss Bershard Hynes and Lerach announced that a class action lawsuit was filed on August...

SUPERIOR NATIONAL KEEPS WORKING

Superior National Insurance Group Inc. reached an agreement with the California Department of Insurance (CDI) and certain affiliates of the...

BEST FORECASTS DETERIORATiON

Despite a recent hardening of prices in the property/casualty industry, underwriting performance worsened during the first half of 2000, according...

ALOHA, QUACKENBUSH

Former California Insurance Commissioner Chuck Quackenbush has decided to move his family from Rio Linda, a semi-rural community a few...

FEELING THE FORCE

Ground acceleration in the Sept. 3 magnitude 5.2 Napa Valley earthquake reached 40 percent of the force of gravity, according...

APPLIED, XDTI PART WAYS

In a recent letter to agents, XDimensional Technologies Inc. (XDTI) CEO Craig W. Fuher announced that XDTI, formerly Fuher and...

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