Oldsmar, Fla.-based eAutoclaims Inc. says it is now seeing the anticipated results of the restructuring efforts the company initiated during the first quarter of fiscal 2003. In December 2002, the company reported a total savings of $80,000 for the month, or $960,000 on an annualized basis, and anticipates greater monthly savings as the year progresses. According to eAutoclaims president and CEO Eric Seidel, "These are the initial savings we realized from our first quarter restructuring. As more of our cost reductions take hold, we would expect the total savings to be approximately $1.2 million per year."
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By collaborating, cybersecurity professionals and insurance providers can share insights, best practices, and trends in cyberthreats, creating a more secure environment for all.
April 23KnowBe4 -
The insurtech development program, seeing frequent participation from Americas-based startups, dedicates latest cohort to regional entries.
April 23 -
AI has great risks for underwriters but also great potential benefits, according to Randy Paez, chief financial officer of Ambac. Paez spoke with Digital Insurance about how to leverage data and integrate AI into insurance operations.
April 23 -
The top five insurance companies have an average P&C market share of 6.50% as of December 31, 2023.
April 23 -
Lloyd's appointed Dawn Miller as chief commercial officer, and CEO of Lloyd's Americas; plus more career moves.
April 22 -
Greater exposure to climate risks is driving an increase in insurance premiums and decrease in insurance availability.
April 22