News

Insurance Technologies Corporation, a provider of insurance rating, agency management, and Web site solutions, announced the inclusion of Tejas Seguros, a personal auto product designed by Alternative Risk Consulting, to target Spanish speaking drivers, into the TurboRater comparative rating system.

Japan was rattled by a strong aftershock and tsunami warning Thursday night nearly a month after a devastating earthquake and tsunami flattened the northeastern coast.

SunGard has acquired Toronto-based Stratix Consulting, a provider of IT consulting services to Canada's financial services companies. Specializing in capital markets, wealth and investment management, and insurance, Stratix Consulting has delivered IT management consulting and implementation services for customers since 1996.

Montpelier Re Holdings Ltd. said Wednesday it expects to lose roughly $126 million for claims related to last month's earthquake and tsunami in Japan.

A former insurance agent was sentenced to prison Wednesday after he asked to repay his investment scam victims through poker tournament winnings, but failed to find luck at the card table.

Could the U.S. see a repeat of what happened in Japan with an earthquake triggering a tsunami that threatens a nuclear power plant? One data expert says it is possible in California and in the Gulf states as well.