QUINN-Insurance Goes Live With FINEOS Claims(R).
FINEOS Delivering Automated Claims Management for General/P&C Insurance DUBLIN, Ireland, December 3 /PRNewswire/ -- FINEOS Corporation, a global provider of innovative enterprise software solutions for insurance, bancassurance, and government, announced today that QUINN-Insurance, the second largest property & casualty insurer in Ireland, has gone live with its...

Palisades Launches New Website To Provide NJ Drivers With More Services and Options for Car Insurance.
BERKELEY HEIGHTS, N.J., Dec. 2 The largest independent agent auto insurer in New Jersey, Palisades Safety and Insurance Management Corporation ("Palisades") recently launched a new website, Palisades.com to provide consumers with valuable information when searching for auto insurance in New Jersey. The features of Palisades.com include a...

Lines of business.
FRONT OF THE LINES: Auto coverage, homeowners and workers' compensation dominate mostly because those lines have common legal provisions that force drivers, homeowners and employers to obtain coverage. U.S. Property/Casualty Direct Premiums Written 2007 Number in parenthesis represents the percentage change from 2006. ($ Billions) 95.7 Private...

U.S. property/casualty results by line--2007.
A strong fourth quarter capped another solid year for the U.S. property/casualty industry, but year-end 2007 results fell short of the record profits recorded in 2006. The industry's net income fell almost 7% to $66.5 billion from $71.3 billion in 2006. The industry's after-tax return on equity slipped to...

An eye for managing risk on the road: a small camera lets drivers see how they're doing, and results can be used in court to defend them.
In the process of turning a product into a service over the past two years, Bruce Moeller has created a growing nationwide business. Moeller--former president and CEO of San Diego-based DriveCam Inc.--has refined a product for individual and fleet drivers that, when it corrects driving behavior, "always...

Non-life insurance cos are now in the fast lane.
MUMBAI: Fears over free pricing in the non-life insurance industry have been belied by the strong growth in business in January '07. Despite premium for most classes of business, including property and engineering, falling 25% on an average, the industry has grown 23% in January '07. Almost...

Insurers to cut discounts on motor cover.
Byline: Priti Patnaik NEW DELHI: Non-Life insurers may offer far lower discounts on motor insurance than projected earlier, thanks to the continuing need to subsidise losses on their commercial vehicles portfolio. Insurers feel that the premium collected from commercial vehicles for third-party insurance would not...

Third party cover biz gains momentum.
Byline: Arti Sharma MUMBAI: Being wooed by private sector general insurance companies may seem strange to commercial vehicle owners. After all, they've been shown the door by private sector general insurance companies, most times since the sector opened up in 2000. Although, third party covers...

The Hanover Introduces Marine Underwriting Advantage Team.
- Reinforces Company's Commitment to Offering a Total Account Solution for Commercial Lines - WORCESTER, Mass., Jan. 29 /PRNewswire-FirstCall/ -- The Hanover Insurance Group, Inc. , a leading super regional property and casualty company, today introduced the Marine Underwriting Advantage Team, reinforcing its commitment to offering agent...

Dealing with employees at the (roulette) wheel: companies are sometimes liable if an employee has an accident in a personal or company vehicle, but a sound risk management strategy can steer employers clear of the million-dollar verdicts of negligent-entrustment lawsuits.
"Negligent entrustment"--now those are two words that can (and should) strike fear into a risk manager's heart. Why? Because her company could be liable for punitive damages if an employee has a collision while driving for work purposes in either his own or a company-supplied vehicle. ...