Insurance Companies

Empire BlueCross BlueShield Adds Life Insurance, Becomes Full-Service Benefits Provider

June 9th, 2009

Empire BlueCross BlueShield (Empire) announced approval by the New York Department of Insurance to begin offering Life and Disability insurance as part of their broad benefit portfolio. Available through the New York-based affiliate, Anthem Life & Disability Insurance Company, this addition makes Empire a leading information resource and one-stop shop for medical, pharmacy, dental, vision, [...]

XL Insurance Teams Up With National Indemnity To Provide ‘Side A’ Directors & Officers Coverage

June 9th, 2009

XL Insurance, XL Capital Ltd’s global insurance operations, announced a new agreement with National Indemnity Company (”National Indemnity”), an insurance company subsidiary of Berkshire Hathaway Inc. Under this agreement, and its related reinsurance agreement, National Indemnity will issue endorsements to “Side A” Directors & Officers policies.
“Given today’s business climate, we believe that this enhanced ‘Side [...]

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, [...]

Pitney Bowes Business Insight Announces the Verification of Its Insurance Premium Tax Solution By The Kentucky Department of Insurance

June 4th, 2009

Pitney Bowes Business Insight (PBBI), one of the leading global provider of location and communication intelligence offerings, today announced that its GeoTAX® Insurance Premium Tax solution has been officially verified by the Kentucky Department of Insurance. Under a recent change in state legislation, Kentucky now requires that insurance carriers use a verified geo-spatial database that [...]

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. [...]

INSURICA Insurance Management Network Chooses ProspX to Support New Unified Market Positioning

June 2nd, 2009

ProspX, Inc., the leader in on-demand sales collaboration and automation solutions for the commercial insurance industry, today announced that INSURICA Insurance Management Network, formerly North America Group, has selected the ProspX platform to further support the launch of its new branding and positioning campaign. By networking core industries and disciplines together and enabling easy collaboration [...]

Kaplan Compliance Solutions Introduces Cost/Benefit Analysis Tool; Identifies $1 Million in Savings for Large Insurance Company

June 2nd, 2009

Kaplan Compliance Solutions a leading provider of services and technology solutions for the insurance and securities industries, introduced a new Cost/Benefit Analysis Tool designed to identify areas of compliance risk and unnecessary costs for insurance and securities organizations.
Kaplan Compliance Solutions recently completed a cost/benefit analysis for a large insurance company and found that the company [...]

Global Strategic Advisors Develops Joint Venture with HGA-BVI for Alternative Risk Transfer and Captive Insurance Educational Services

June 1st, 2009

Global Strategic Advisors announced today that it has developed a joint venture relationship with HGA-BVI and its affiliates to further build on their relationship in providing alternative risk transfer and captive insurance educational services on a global basis.
Alternative Risk Transfer is the execution of techniques outside of traditional insurance and reinsurance to provide risk-bearing entities [...]

A.M. Best Upgrades Ratings of Springfield Insurance Company

May 28th, 2009

A.M. Best Co. has upgraded the financial strength rating to B+ (Good) from B (Fair) and issuer credit rating to “bbb-” from “bb” of Springfield Insurance Company (Springfield) (Covina, CA). The outlook for both ratings is stable.
These rating actions reflect Springfield’s sustained operating earnings in recent years, improved capitalization, conservative underwriting strategy, as well as [...]

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 [...]