Archive for the ‘ Insurance Business Review ’ Category

For our Florida readers, Citizens Property Insurance Corporation in Florida has issued a statement advising policyholders that mail to it corporate offices (including premium checks) was fraudulently redirected between June 24 and June 29, 2010.

The affected address is 6676 Corporate Center Parkway, Jacksonville. The U.S. Post Office is investigating.

Policyholders who mailed a payment are being asked to call 1.888.685.1555 to confirm the payment was received. The company is asking policyholders to call first to “discuss options” before stopping payment of any premium check.

(Business Wire)–

CSC (News – Alert) (NYSE: CSC) today announced it was named the top provider in information technology (IT) services in the Vanguards in Insurance Practices Awards and also received a RAVE Award Honorable Mention for its Agency Link agent portal software.

The awards were presented at the ACORD LOMA Insurance Systems Forum, hosted by ACORD, a nonprofit insurance standards organization, and LOMA, a worldwide leader in learning and professional development within the insurance and financial services industry, and were determined by insurance carriers who either named the top technology providers in various categories or shared their client experiences.

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Have a Safe Holiday!

GEICO reminds us that the Fourth of July is a great time to enjoy family and traditions and it is also one of the most deadly holidays of the year for drivers.

If you are an employer with commercial auto insurance and drivers under your policy, than it is important that fleet safety is reviewed with the drivers regularly. But, that advice does not end at the workplace.

GEICO offers the following tips:

  • Save your text messages for a time when you’re not driving.
  • Make sure everyone in the car, backseat passengers too, are wearing safety belts.
  • Pay attention to how drivers around you are behaving.
  • Use your cell phone for emergency situations only; pull over to a safe place to use it.
  • Always designate a non-drinking driver before you begin your holiday celebrations.

Drunk driving remains a serious safety issue at work and at home.

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Tropical Storm Alex is predicted to become a hurricane in the next two days. But, the storm will stay far away from the Deepwater Horizon clean up efforts according to the Coast Guard and weather monitors.

Alex is predicted to hit Mexico’s Yucatan peninsula on Tuesday. As I write this, the National Hurricane Center issued a hurricane watch for “the coast of Texas south of Baffin Bay to the mouth of the Rio Grande.” The storm is increasing strength with winds reaching 60 mph.

The good news is that the storm is predicted to remain over 400 miles from the Deepwater Horizon.

The 8th Annual American Business Awards were held last night. The Award Show, called the “Stevie” Awards, is designed to “raise the profile of exemplary organizations and individuals among the press, the business community, and the general public.”

There are a seemingly never ending list of potential categories. These include, for example, awards for great annual reports (congratulations, Blue Cross and Blue Shield of North Carolina) and Executive of the Year (Steve Jobs, CEO, Apple). And among these are some insurance industry categories.

The 2010 winner for the “Web Site or Blog” category in insurance was Amerigroup Corporation.

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(MARKET WIRE) — 06/21/10 — ClickFox announces the release of a new book being published July 7th, Agile Development and Business Goals: The Six Week Solution. The book is authored by four of the company’s visionary software developers behind the pioneering customer experience analytics (CEA) software and solutions.
The book goes beyond theory and academia to offer a practical guide for aligning software development processes with core business goals. For leaders, the piece serves as a distilled learning guide for managing technical resources, defining team roles, acquiring tools, and delivering world-class enterprise software on time and on budget.

The authors, Bill Holtsnider, Joseph Gee, George Stragand and Tom Wheeler, are all experts on the agile development methodology, and recognize the importance of solid processes in developing successful, profitable products. Full post…