Insurance

Chicago – The Property Casualty Insurers Association of America (PCI) joined insurance and salvage industry representatives at a meeting last week with the Department of Justice and the American Association of Motor Vehicle Administrators (AAMVA) to discuss proposals regarding insurer and salvage yard reporting of total loss data to the National Motor Vehicle Title Information System (NMVTIS).

Scrutinizing complex claims that carry liability for the physician, health insurers are halting reimbursement for clinical fixes to medical mistakes, says Insure.com.

In a third annual survey, policy administration projects remain the top insurer priority.

Indianapolis - The Indiana Health Information Exchange has launched its Quality Health First disease management and preventive health services notification program.

The free online tool is designed to help homeowners organize and calculate finances before meeting lenders.

EbixExchange and SIGNiX, both Web-based technology providers, have partnered to enable brokerage firms to fully automate processing of annuities.

Privy to a variety of educational sessions, technology showcases and business analytics, rating and underwriting product launches, attendees at ISO’s annual conference were told that “winners will have ERM in all parts of their business.”

Hartford Financial Services, Genworth Financial, Lincoln National and Aegon NV are acquiring banks or thrifts to be eligible to receive capital injections under the Treasury Department's Capital Purchase Program.

Lockton Cos.' Fall 2008 Market Update reports that insurance carriers face an ominous set of facts entering the final weeks of 2008.

The financial security company intends to use the borrowings, along with other sources of liquidity, for the repayment of outstanding holding company debt.

Former Montana Governor will step down as association head in February.

Senator proposes mandatory coverage for individuals.

SMH Capital served as sole placement agent and financial advisor for the formation, structuring and initial funding of WRM America Holdings, a specialty line property/casualty insurance holding company.

Known then as the Associated Hospital Service of Philadelphia, the organization opened its doors Nov. 7, 1938, under the leadership of E. A. Van Steenwyk.

Conseco expects to record accounting charges of approximately $1.1 billion related to the transaction.

Anthem Blue Cross and Blue Shield in Connecticut is ranked seventh in the nation out of 287 health insurance plans, according to the Nov. 17, 2008, issue of U.S. News & World Report NCQA America's Best Health Plans 2008-09.

As an appointed agency, Solomon can sell Chubb’s Masterpiece line of personal insurance products to its clients.

The total approved payout for 2009 reflects a dividend interest rate of 7.6% on new eligible participating life insurance policies.

International Data Corp. says the worldwide business rule management systems (BRMS) market enjoyed healthy growth, with revenues increasing 11.4% from 2006 to 2007.

Hartford Financial Services Group Inc., Genworth Financial Inc., Lincoln National Corp. and Aegon NV asked the Office of Thrift Supervision for permission to acquire an existing savings and loan, according to reports.