Aon Corporation has reported dilutive net income per share of $0.49 for the quarter ended June 30, 2000, compared with $0.57 in the second quarter of 1999. Second quarter revenues increased 6% to $1.8 billion versus the year ago period. …
A new survey reveals many of the nation’s largest employers are not prepared to handle e-commerce and e-communication risks. From dot.com companies to brick-and-mortar businesses using the Internet to dispense information or sell products, few employers have implemented the type …
ACORD bestowed an Early Adopter Award on online insurance provider InsWeb for its efforts to develop the XML (Extensible Markup Language) standard for p/c insurance transactions. According to Gregory A. Maciag, president and CEO of ACORD, InsWeb’s early adoption of …
The economy is booming. New millionaires are being created every day. American business has never had it so good. So being an insurance agent is the fast track to financial freedom, right? Wrong. No one is setting up charities for …
Hilb, Rogal and Hamilton Company today reported financial results for the second quarter and six months ended June 30, 2000. Total revenues for the quarter increased 13.4%, to $62.2 million, from $54.9 million a year ago. Results include American Phoenix …
The exhibit hall at the ACORD Technology Conference in Orlando in May would have made your head spin. On the one hand, technology is increasingly complex and sophisticated. On the other, it becomes easier when you keep the focus on …
The Seibels Bruce Group Inc. is discontinuing its Nashville nonstandard automobile managing general agency operations, Graward General Companies, Inc. (Graward). “Since the acquisition in May of 1998, the Graward operations have performed poorly. After two years of continued operating losses, …
The National Association of Insurance Commissioners has adopted a white paper regarding the handling of consumer complaints by insurance departments. The action came during a plenary conference call yesterday. The white paper is the result of a charge by the …
After processing a record $1,524,697,215 in premiums during 1999, the Surplus Line Association of California (SLA) continued to post an increase in premium volume through May of 2000. The overall numbers imply that the SLA is on the right track …
A.M. Best Co. has upgraded the financial strength rating of the Farmers Insurance Group to A+ from A. The rating applies to the 18 members of the group and acknowledges Farmers Insurance Group as a core and integral operation of …
