Newsbriefs

NAII FIGHTS EQ BILL

A new earthquake bill would invite an avalanche of claims, according to the National Association of Independent Insurers (NAII). Senate...

BREAKTHROUGH IN WTO

On May 19, the European Union and China announced that they had reached a compromise on the terms of a...

GERMAN EXPANSION

Allianz and Munich Re are planning to reduce mutual cross-shareholdings worth more than $7 billion, while selling off some holdings...

S&P QUEASY ON CA. W/C

Standard & Poor’s (S&P) has placed its ratings on several insurance companies with significant exposure to the California workers’ comp...

SPEEDY RELIEF

A company’s prompt reporting of workers’ injuries can have a considerable influence on its bottom line, a new study by...

NO MORE IPO

Reliance Surety Group has asked Securities and Exchange Commission (SEC) regulators to withdraw its proposal for an initial public offering....

IN RECEIVERSHIP

A Texas State District Judge has signed an order placing Bankers Commercial Life Insurance Co. of Dallas in temporary receivership....

BITTEN BY THE LOVE BUG

The recent “Love Bug” computer virus has generated a lot of speculation over the extent of the losses caused to...

E-Z ACQUISITION

Efinancial depot.com has signed a letter of intent to acquire eZnow insurance.com, a Web page that offers a wide range...

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