Newsbriefs

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...

MORE TROUBLE FOR QUACKENBUSH

Deputy Commissioner George Grays added his resignation to the current tumult at California Insurance Commissioner Chuck Quackenbush’s office. Grays reportedly...

IIAA CONF. KICKS OFF

The 24th Independent Insurance Agents of America (IIAA) National Legislative Conference will be held May 1-3 at the Grand Hyatt...

PRIVACY FAILS

The California Assembly Banking and Finance Committee rejected Assembly Bill 1707 on April 24, marking the second time in a...

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