Illinois Exchange: A market pillar

Article Abstract:

The Illinois Insurance Exchange is a combination of 14 syndicates that provide the same services as property and casualty insurers. Founded by the Illinois legislature in 1982 to provide surplus insurance, the Exchange has successfully weathered the recession by emphasizing profits over volume - that is, by concentrating on lines where it has special expertise. The Exchange is also licensed by the state of Illinois and is approved in 37 other states, a feature that gives it a decided advantage over its nonadmitted competitors.

Fire, marine, and casualty insurance, Management, Services, Surplus lines (Insurance), Illinois Insurance Exchange

---

The learning connection

Article Abstract:

Travelers Corp has successfully implemented a wireless local area network to reduce the cost of medical claims processing. Tested in a Manchester, CT, high school work-study program, the system is 802.5 compatible and uses infrared LED optical links between satellites and a sun base. Unlike cable systems, the infrared system is cost-effective, can be installed quickly and is entirely reusable. The Manchester program has had an added benefit: it has provided Travelers with a pool of prospective workers.

Life insurance, Computer integrated systems design, Accident and health insurance, Usage, Wireless LANs, Information management, Health insurance industry, Wireless local area networks (Computer networks), Travelers Corp.

---

Similar abstracts:

• Abstracts: Uncertain futures. Making the Mexican connection. Rehabilitation or hospice care?
• Abstracts: Medicare risk arrangements: a primer. The art of communicating managed care. Redefining flex after health reform
• Abstracts: The learning connection. Columbia Universal Life
• Abstracts: Choking on asbestos claims. Market mania. Protecting agents' stake in the Superfund debate
• Abstracts: Shifting into high gear. Tapping the knowledge of experts

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.