WEST PALM BEACH, Fla. - Gone are the days when a family could be depended on to care for the elderly at home. As life expectancies increase so do prolonged illnesses that may prove to be too much of a financial burden. Long-term care insurance is coming to the forefront...
WASHINGTON - With bipartisan support, H.R. 1408, the Financial Services Antifraud Network Act, authored by U.S. Representative Mike Rogers (R-Mich.) has been passed by the House Financial Services Subcommittee on Financial Institutions and Consumer Credit. The legislation would create an antifraud network where the nation's financial regulators can confidentially share...
BOSTON -The former Commercial Union & General Accident will now be known as OneBeacon Insurance Group. Company officials say the name change will more accurately reflect its mission to provide service for personal, commercial, and specialty insurance. Bought by White Mountains Insurance Group, OneBeacon is the 17th largest property/casualty company...
PORTSMOUTH, N.H. -Cogentric, an e-solutions provider, has released a new product to study electronic-business sites for companies searching for cyber insurance policies. According to Cogentric, cyber insurance, though an estimated $14 billion emerging market, lacks the loss history and research data of other types of traditional insurance policies. Cogentric's product...
SACRAMENTO, Calif. - InsWeb has been named the best Internet insurance marketplace in Gomez Advisors' winter 2000 rankings. A few of InsWeb's features singled out by the Internet research and consulting firm included an easy-to-use platform for requesting instant online quotes, educational content, and calculators and tools for estimating appropriate...
MADISON, Wis. - CUNA Mutual Group must be doing something right - it has made the top five list of life premiums sold by financial institutions. Based on research conducted by Dr. Kenneth Kehrer, president of Kenneth Kehrer Associates, a Princeton, New Jersey-based consulting firm, CUNA Mutual ranked fifth in...
BOSTON - Lexington Insurance Company, an excess and surplus carrier, has introduced a new insurance product, Violence Guard that combines crisis response services with protection in the event of a violent act. "The United States Department of Justice has estimated that there are two million violent workplace incidents annually. With...
DALLAS - Bill payment just got a little easier for Unitrin Property and Casualty Insurance Group clients. With the click of a mouse bills can now be received and paid online at nearly 300 CheckFree-powered Web sites. Most personal lines customers of the following Unitrin P&C companies have the option...
NEW YORK - Step off the-beaten path when looking for a location to build your next call center and you may be in a position to cultivate a well-qualified workforce pool. A Deloitte & Touche 2000 survey of new call centers confirms that when call centers enter a small market...
MADISON, Wis. - Construction is underway for Fitchburg, Wis.'s first credit union facility. CUNA Credit Union's 13,000 square-foot high-tech branch will open in July. The new credit union will include safe deposit boxes, small business services, a financial resource center for members; bilingual non-surcharging ATMs and an Internet caf with...