After testing the waters last year with its first annual California Auto Insurance Satisfaction Study, J.D. Power & Associates decided to take to the road and make this year’s survey national in scope. “Last year’s California study accomplished our objective,” …
IVANS Inc. and Applied Systems Inc. have formed a joint venture for the purpose of a consolidated communication infrastructure for the insurance industry. The joint venture is designed to deliver a new industry communication infrastructure, offering communication and collaboration between …
Bermuda’s XL Capital Ltd. unveiled the second phase of its restructuring plan on Thursday, announcing a refocusing on more profitable underwriting lines and a consolidation of management functions, which will lead to a drop in gross premiums and some job …
Silicon Valley operatives like to gloat about a shrinking independent agency system. Today there are 42,000 independent agencies in the U.S., down from 46,000 in 1992. Nearly three out of 10 independent agencies have been involved in a merger or …
In the “stake-your-claim” environment of Internet insurance, any attempt to define trends and categorize business models can be an exercise in frustration. However, in some ways the dot-com gold rush is slowing down and certain nuggets of truth are emerging …
Silicon Valley operatives like to gloat about a shrinking independent agency system. Today there are 42,000 independent agencies in the U.S., down from 46,000 in 1992. Nearly three out of 10 independent agencies have been involved in a merger or …
Silicon Valley operatives like to gloat about a shrinking independent agency system. Today there are 42,000 independent agencies in the U.S., down from 46,000 in 1992. Nearly three out of 10 independent agencies have been involved in a merger or …
Almost 3,000 independent agents are signed up to use Travelers’ Issue Express Net, a web-based quote, rate and issuance system for small business insurance, a sure sign, the company said, that many agents are embracing the Internet. “The fact that …
The Village of Orland Hills, Ill., sued Arthur J. Gallagher last week, charging that the broker took “kickbacks” and violated the Illinois Consumer Fraud and Deceptive Business Practices Act. The alleged “kickbacks” they refer to are contingent commissions that were …
Insurscape.com(TM), a workers’ compensation underwriting program that provides total services via e-commerce, today launched a national web-based workers’ compensation service to select brokers. Insurescape.com provides online facilities to appointed brokers for submissions, underwriting, quotations and binding of more than 80 …
