Newsbriefs

BRITS ADOPT E-SIG

Following on the heels of the U.S., Britain legalized electronic signatures on July 25, giving them the same status as...

W/C RATE HIKE PROPOSED

Following the July 31 submission of its annual pure premium rate filing to the California Insurance Commissioner, the nonprofit Workers’...

CHUBB’S NOT FOR SALE

Shares in Chubb Corp soared to a 52-week high July 27 on rumors that Citigroup and Berkshire Hathaway are interested...

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...

VESTA COMPLETES CAT BOND DEAL

Vesta Insurance Group’s operating units have completed an insurance securitization transaction through the private placement of $50 million in catastrophe...

MARKETSCOUT SECURES FUNDING

MarketScout, a Dallas-based e-commerce company specializing in the distribution of property and casualty insurance products, has received funding from High...

FREE MARKET TRADE USHERED IN

An agreement signed July 13 between the United States and Vietnam will mean an economic boost for the communist nation...

MORE WEB GROWTH EXPECTED

Online retail sales are expected to reach $152 billion by 2002. And, while only a few of today’s online retailers...

AMERICAN GENERAL SETTLEMENT

States representing more than 86 percent of the American General policyholders that paid race-based life insurance premiums have ratified a...

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