Newsbriefs

RELIANCE’S WOES RELIEVED

Leucadia National Corp. is set to buy struggling insurer Reliance Group Holdings Inc. in a stock swap valued at $293...

BEST WARY OF CALIF. W/C: A.M.

Best Co.’s year-end review of carriers with concentrated exposure to the volatile California workers’ comp market culminated in the downgrades...

NEW NAME, NEW GAME

Effective June 1, General Re and Cologne Re announced that their global brand name will be “GeneralCologne Re” (GCR). The...

HIKING IT UP IN NEVADA

Nevada Insurance Commissioner Alice Molasky-Arman approved the proposed filing submitted by the National Council on Compensation Insurance (NCCI) for an...

INSWEB TO MAKE CUTS

Online insurance provider InsWeb Corp. expects to cut staffing by 40 percent over the next two quarters as it discontinues...

MORE TELLTALE SIGNS

The commercial property/casualty insurance market continues to harden, according to a survey conducted by the Council of Insurance Agents &...

BIG CHANGES FOR LLOYD’S

Last October, Lloyd’s produced a working document entitled “Developing Broker Relationships,” which proposed sweeping changes in the accreditation and regulation...

TEAMING UP FOR AGRIBIZ

Zurich U.S. and The Hartford Financial Services Group formed a strategic relationship to co-market their agribusiness products in a program...

MARYLAND DEREG BILL

Maryland Gov. Parris Glendening signed legislation last month removing form-filing requirements for commercial insurers and sophisticated clients. Senate Bill 598...

INSURECONNECTION.COM

InsureConnection.com has launched its new site for insurance shoppers, allowing online consumers to compare personal insurance quotes from a variety...

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