Newsbriefs

AIG TO ACQUIRE HSB GROUP

American International Group Inc. and HSB Group, Inc. have entered into a definitive agreement whereby AIG will acquire 100 percent...

WILDFIRES WON’T QUIT

Nearly 65,000 wildfires have burned more than 4.3 million acres this year, causing an estimated $100 million in insured property...

LA. LIABILITY LIMIT ENDED

Late last month, an obscure provision allowing dozens of Louisiana insurance companies to limit their liability in homeowners’ policies was...

ACORD MAKES NEW FRIENDS

In an effort to take advantage of the Internet and all it has to offer, ACORD and the Insurance Data...

METLIFE METES A MILLION

MetLife Auto & Home’s group auto and homeowners insurance program now insures more than one million automobiles and homes countrywide....

NEW RULES FOR ONLINE BUSINESS

Gov. Davis recently signed a bill requiring certain information to be posted on websites for all insurance producers and companies...

E-SIGNATURES IN THE EU

The German cabinet unveiled a draft bill last month to develop a standard for electronic signatures in Internet commerce. The...

TRAVELERS, DELL AUTOMATE AGENTS

Travelers Insurance is hoping to help agents improve automation capabilities through a special arrangement with Dell Computer Corp. Travelers agents...

NORTHWESTERN MUTUAL TRUST

Northwestern Mutual’s application for a limited-purpose federal thrift charter was approved last month by the Office of Thrift Supervision. The...

CORRECTIONS

An article in the Aug. 14 issue of IJTexas should have indicated that TurboRaters’ web-based system was initially offered in...

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