Newsbriefs

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...

IMPROVED FRAUD DETECTION

The ability of insurance companies to detect fraudulent claims by cross-checking them in “all-claims” databases will become keener as insurers...

OVERSEAS TO BUY RELIANCE RE

Bermuda-based Overseas Partners Ltd (OPL) has agreed to acquire Reliance Reinsurance Co. from Reliance Insurance Co., but will not assume...

WASH. RULING IS A VICTORY

The Washington State Supreme Court decided unanimously to affirm a lower court’s ruling that insurers need not include all possible...

RIMS’ JUDD PASSES AWAY

Granville E. Judd (known in the industry as Ron Judd) recently passed away. Born in Egbert, Wyo., in 1929, Judd...

XCELERATING INTO EBIZ

Xcelerate Corp., a national eBusiness and wireless Internet solutions company with offices in Atlanta, Dallas and New York, has launched...

AFG FEELING BLUE

American Financial Group Inc.’s (AFG) second-quarter earnings from insurance businesses will be negatively impacted by certain litigation charges and by...

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