Newsbriefs

MORE RELIANCE SELL-OFF

Travelers Insurance has reached an agreement in principle with Reliance Group Holdings to purchase the renewal rights to a portion...

GULF PICKS UP FRONTIER BUSINESS

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

$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...

JOINT CONVENTION IN THE WORKS

In a first for the insurance industry, the Independent Insurance Agents of America’s (IIAA) 2000 annual meeting will be a...

EMPLOYERS UNPREPARED FOR E-RISK

A new survey reveals many of the nation’s largest employers are not prepared to handle e-commerce and e-communication risks. The...

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...

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