Insurance News
The Progressive Corporation today announced the appointment of Susan Patricia Griffith as the Claims Group President, effective immediately. Mrs. Griffith, 43, who currently serves as Chief Human Resource Officer overseeing all Human Resources systems, policies and practices for the Corporation, first joined Progressive in 1988 as a claim...
comScore Reports the Number of Auto Insurance Policies Purchased Online Exceeded 2 Million in 2007
Mar 11, 2008
RESTON, Va., March 12 /PRNewswire-FirstCall/ -- comScore, Inc. , a leader in measuring the digital world, today released a study of online activity for the auto insurance market in 2007. The results show that consumers submitted requests for 32 million online quotes and purchased a record 2 million policies online in 2007. The number of q...
Conning Research: Shifting Risk Profile in Nonstandard Auto Insurance Market
Mar 10, 2008
HARTFORD, Conn., March 11 /PRNewswire/ -- The nonstandard auto insurance market is being redefined by the influence of technology and other external forces, according to a new study by Conning Research and Consulting. "As predictive modeling has become more prevalent in auto insurance underwriting, the standard auto market has expanded ...
California Brokerage Offers Free Online Auto Insurance Comparisons
Mar 10, 2008
LOS ANGELES, March 11 /PRNewswire/ -- The difficulty California consumers are facing these days when it comes to shopping for the right auto insurance company is knowing where to look. With so many insurers advertising their products and services, it can take hours contacting each one individually for the purpose of a rate quotation. (L...
IRC Reports Impact of Colorado No-Fault Insurance Repeal Documented
Mar 6, 2008
To: STATE EDITORS Contact: David Corum of the Insurance Research Council, +1-610- 644-2100, ext. 7506, corum@cpcuiia.org MALVERN, Pa., March 7 /PRNewswire-USNewswire/ -- In 2004, the first year after Colorado repealed its no-fault insurance law, auto injury claim costs returned to levels occurring prior to the rapid cost increases tha...
Satyam Extends Software AG Partnership With New Auto Insurance Claims Processing Framework
Mar 5, 2008
Software AG, a global leader in business infrastructure software, and Satyam Computer Services Limited (NYSE:SAY), a leading global consulting and IT services company, today announced the immediate availability of a new process framework for insurers. Property & casualty insurers can utilize this process framework developed by Satyam in c...
SulAmerica's Net Income Increased 109% to a Record Level of R$ 321 Million in 2007
Feb 27, 2008
SulAmerica S.A. (BOVESPA: SULA11) announces today its results for the fourth quarter of 2007 and for the twelve months ending December 31, 2007. In a year which saw the successful Initial Public Offering (IPO) of the Company, net income increased 108.5% to a record level of R$ 321 million (increased 120.2% to R$ 339 million, excluding non...
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