Asia Pacific

Zurich North America Commercial and Presidio Reinsurance Group Announce Strategic Relationship Strengthening Their Positions in the Specialty Health Marketplace

July 8th, 2009

Zurich North America Commercial’s Accident & Health (A&H) group and Presidio Reinsurance Group announced today their formation of a strategic relationship to provide a broad range of risk-relief programs to the health care market.
As industry leaders with a long-term commitment to the accident and health industry, Zurich and Presidio will leverage their extensive portfolio of [...]

Sapiens Announces Reinstatement of Lien by Chief Scientist

June 26th, 2009

Sapiens International Corporation N.V.a leading global provider of innovative business solutions that modernize business processes and enable insurance organizations to adapt quickly to change, and a member of the Formula (NASDAQ: FORTY and TASE: FORT) Group, today announced that further to its announcements on June 4, 2009 and June 17, 2009, respectively, the Chief Scientist [...]

NERA Releases Snapshot of Recent Trends in Asbestos Litigation

June 17th, 2009

NERA Economic Consulting, a leading global provider of economic advice and analysis in business, legal, and regulatory matters, today released Snapshot of Recent Trends in Asbestos Litigation, a report analyzing trends in asbestos filings and settlements, in light of legislative and judicial tort reform over the past several years.
The report, co-authored by NERA Senior Vice [...]

FireSafe Montana Joins Farmers Insurance for a First-Ever Montana Wildfire Awareness Week Announcement

June 16th, 2009

Fire season is here, and with dry weather comes the threat of wildfires. That is why Farmers Insurance and FireSafe Montana will conduct a first-ever press conference in front of the State Capital on June 18, 2009 at 10:00 a.m. to announce Fire Prevention Week in Montana.
“The purpose of the Fire Prevention Week is to [...]

Farmers Insurance Announces Building Expansion in Caledonia, Preparing for Continued Growth in Michigan

June 16th, 2009

Farmers Insurance Group of Companies announced that it will build two new buildings totaling 275,000 square feet on the existing grounds of Farmers Insurance office facilities located in Caledonia. This development is thanks in part to an attractive incentives package offered by the Michigan Economic Development Corporation (MEDC). The expansion will create a significant number [...]

SafeAuto Insurance Modernizes Claims Communications with Thunderhead NOW

June 8th, 2009

Thunderhead, recognized innovators in document automation and multi-channel communications solutions, today announced that SafeAuto® Insurance Company has selected the Thunderhead NOW platform to streamline the creation and delivery of customer communications across the enterprise.
SafeAuto provides personal auto insurance on a consumer-direct basis exclusively through online and telephone distribution channels. The company specializes in providing low-cost, [...]

Farmers Insurance Dedicates New HelpPoint Facility in Olathe Tomorrow at 9 A.M.

June 4th, 2009

Farmers Insurance Group of Companies will hold a dedication and ribbon cutting for Farmers new 95,000 square foot HelpPoint facility in Olathe Thursday June 4, 2009.
The ceremony will be held at 16850 W. 119th St in Olathe. On the corner of Renner Rd and 119th Street, right across the street from the Bass Pro Shop. [...]

Zurich Global Corporate CEO Mario Vitale named Honoree of the Year by The Chinese American Insurance Association

February 27th, 2009

Zurich, a leading property and casualty insurance provider in North America and globally,announced Mario Vitale, CEO of Zurich Financial Services’ Global Corporate business division has been selected Honoree of the Year by The Chinese American Insurance Association (CAIA). Vitale will also accept the 2009 Title Sponsorship Award on Zurich’s behalf at the 18th Annual Chinese [...]

Fitch Downgrades Pacific LifeCorp’s Ratings; Outlook to Negative

February 27th, 2009

Fitch Ratings has downgraded Pacific LifeCorp’s (PLC) senior unsecured debt rating to ‘A-’ from ‘A’ and the Insurer Financial Strength (IFS) ratings of PLC’s primary life insurance subsidiaries to ‘AA-’ from ‘AA’. In addition, the commercial paper (CP) program of Pacific Life Insurance Company (PLIC) was affirmed at ‘F1+’. See complete list of rating actions [...]

Vulcan Materials Company’s Use of Bottomline’s Legal eXchange Platform Recognized by Law Technology News

February 25th, 2009

Bottomline Technologies a leading provider of collaborative payment, invoice and document automation solutions, today announced that its customer, Vulcan Materials Company, has been named a Law Technology News Technology Award winner for its use of Legal eXchange to accelerate law firm invoice review cycles and optimize legal spend management processes.
Now in its sixth year, Law [...]