Newsbriefs

$4 MILLION ARM

The San Diego Padres filed a lawsuit in U.S. District Court against Lloyd’s of London for the insurance consortium’s alleged...

AVIATION BOOK CHANGES HANDS

CNA has entered into an agreement to sell Associated Aviation Underwriters Inc. (AAU) to the British Aviation Insurance Group (BAIG)....

DRESDNER, COMMERZBANK-NO DEAL

Six weeks of merger talks between Dresdner Bank and Commerzbank have reportedly collapsed, ending efforts to create what would have...

NAIC INVESTIGATES STATE FARM

The National Association of Insurance Commissioners (NAIC) is investigating reports that State Farm, the nation’s largest auto insurer, improperly denied...

CONSECO FINANCE SLIMS DOWN

A restructuring plan for Conseco Inc.’s finance subsidiary, as well as a program to sell or run off several non-strategic...

A QUESTION OF TRUST

Results of a recent Zogby America poll demonstrated an almost even division in opinion regarding the trustworthiness of insurance salespeople....

GULF, FRONTIER IN AGREEMENT

Gulf Insurance Group and Frontier Insurance Group have reached an agreement in principle whereby Gulf Insurance Company and its subsidiaries...

OK TO BE SORRY

California Governor Gray Davis signed a new bill into law on July 24 that says apologies or “benevolent gestures of...

CNA TO SELL OFF AVIATION

CNA announced July 31 that it entered into an agreement to sell Associated Aviation Underwriters Inc. (AAU) to the British...

INSWEB RECOGNIZED FOR XML

ACORD bestowed an Early Adopter Award on online insurance provider InsWeb for its efforts to develop the XML (Extensible Markup...

Newsbriefs Archives by Month