Insurance industry
Motorists and air travelers are paying the price for oil producers' decision to limit oil supplies. As of January, gasoline prices in Wisconsin are among the highest ever recorded for the month, with some areas reporting prices in the high $1.30s. The price of benchmark U.S. crude
Insurance industry
American International Group, Inc. (AIG) has announced a partnership with leading eBusiness and Internet security firms to provide services and products to AIG netAdvantage and AIG ProTech Internet liability insureds. The roster of companies includes IBM Global Services, RSA Security Inc., Kroll-O'Gara Information Security Group, and CertCo, Inc.
Insurance industry
Gary Lauer, a 21-year computing, visual technology, and Internet veteran, has been named President and CEO of eHealthInsurance.com, a leading online health insurance provider. Lauer brings a wealth of experience and leadership skills to the role, having previously served as Chairman, President and CEO of MetaCreations Corp. and held
Insurance industry
In a recent move to gain an upper hand in the battle to acquire National Westminster Bank, Bank of Scotland chief executive Mr. Peter Burt has raised questions about Royal Bank of Scotland's relationship with CGU, a major insurer. The dispute centers on the issue of bancassurance ventures,
Insurance industry
Japanese technology giants NEC Corp and NTT Data Corp have joined forces to develop and sell nursing care-related software, marking a significant move towards improving care services in the country. This collaboration aims to provide municipalities and nursing care service providers with a network-based care management application to create personalized
Insurance industry
State Farm Insurance, the largest provider of homeowner's insurance in Texas, has announced a 1.8 percent rate increase for new policies and an average of 1.8 percent increase for policies renewed after March 1. This move follows a trend of moderate increases in claims unrelated to
Insurance
The national average cost of roundtrip leisure airfares decreased significantly in December 1999, resulting in a 9.4 percent drop to $213.85, according to AAA. This reduction in airfares led to a 6 percent decline in the AAA Leisure Travel Index, which reflects the combined national average for airfares,
Insurance
Four Seasons Olympic, located in Seattle, has received the prestigious Five Diamond Award from the American Automobile Association (AAA) for the 16th consecutive year. This achievement marks the 19th year in a row that Four Seasons has topped the AAA awards, with a total of 18 Five Diamond hotels under
Insurance
The rating action follows a definitive agreement between St. Paul Cos. and MMI Cos. for a $200 million acquisition, creating the largest global integrated provider of insurance and risk management services for the health-care industry, with approximately $1 billion annually in premiums and fees from health-care customers. The acquisition is
Insurance
The St. Paul Companies has announced the acquisition of Pacific Select Insurance Holdings Inc. and its subsidiary Pacific Select Property Insurance Co., a California-based insurer specializing in earthquake coverage for homeowners. The acquisition is expected to grow St. Paul's earthquake insurance business in California, while also providing cost-saving
Insurance industry
HealthAxis.com, a unit of Provident American Corp., has clarified that the losses reported by its UICI's credit-card division on December 9 would not affect its merger with UICI's subsidiary, Insurdata Inc. The company is planning to trade under the Healthaxis.com name and apply for
Insurance industry
Weingarten Realty Investors and American National Insurance Company have announced a joint venture to co-own and operate a portfolio of industrial properties in the Houston area. The joint venture involves a 80% share of the properties being sold by Weingarten Realty Investors to American National, with Weingarten retaining a 20%
