Reliance's failure touches others

Jim Henry
February 2002
Automotive News;2/25/2002, Vol. 76 Issue 5972, p20
Trade Publication
Reports the impact of the bankruptcy of the Reliance Insurance Co. on the automotive finance and insurance industry. Financial claims of auto dealers; Corporate performance of Reliance for 2001; Effects of corporate downsizing on the customers.


Related Articles

  • Reflecting on the Past. Slavin, Al // Best's Review;Aug2011, Vol. 112 Issue 4, p69 

    The article reports on the changes in insurer insolvencies in Pennsylvania. It notes that regulators have tried to end issues on major insolvencies. It cites that the failure of Reliance Insurance Co. has provided a means on how states can prevent insolvencies. It mentions that the issues on...

  • Considerations for Directors of Troubled Insurance Companies. McDonald, Matthew M. // Boardroom Briefing;Summer2010, Vol. 7 Issue 2, p54 

    The article offers a look at several factors that corporate directors should take into consideration in the event of insolvency of his or her insurance company. It states that directors should be aware of their fiduciary duties to the corporation and the shareholders. Details of the insolvency...

  • Reliance of Pa. Put into Rehab.  // American Banker;5/31/2001, Vol. 166 Issue 104, p8 

    Focuses on the approval for the placement of Reliance Insurance Co. under the statutory control of the Pennsylvania Insurance Department. Determination of the future of the unit; States with the largest number of affected policyholders; Components of the insurance business of Reliance.

  • Battle Looms Over Reliance Policies. Mogel, Gary S. // National Underwriter / Property & Casualty Risk & Benefits Manag;7/14/2003, Vol. 107 Issue 28, p10 

    Reports on the controversy surrounding the liquidation of Philadelphia, Pennsylvania-based Reliance Insurance Co. Guarantee funds' filing of a lawsuit against Pennsylvania Insurance Commissioner Diane Koken in her capacity as liquidator of Reliance; Claim that the funds are entitled to...

  • Untitled. Hofmann, Mark A. // Business Insurance;8/16/93, Vol. 27 Issue 34, p25 

    Reports on the performance of Reliance Insurance Co. of Illinois in the insurance surplus lines market for 1992. Gross premiums; Commercial risks; Net premiums; Paid-in capital; Capital and surplus; Number of employees; Combined ratio; Net income; Principal officers.

  • Reliance strengthens reserves.  // Business Insurance;7/01/96, Vol. 30 Issue 27, p2 

    Reports that Reliance Insurance Co. is adding to its asbestos and pollution loss reserves to bring its total net reserves for those losses up to $226 million.

  • `Sick building' owners awarded $26 million. Bas, Ed // Air Conditioning Heating & Refrigeration News;5/1/95, Vol. 195 Issue 1, p1 

    Reports an order by the court to Reliance Insurance Co. on payment to Polk County for repair of its courthouse building.

  • Specialty program designed for marine artisan contractors.  // Insurance Advocate;3/23/96, Vol. 107 Issue 12, p10 

    Reports on Reliance Insurance Co.'s introduction of a casualty insurance program for marine artisan contractors. Focus on the needs of Marine Artisan Contractors servicing commercial vessels; Eligible operations.

  • Niche market entity.  // Business Insurance;9/09/96, Vol. 30 Issue 37, p4 

    Reports on Reliance Insurance Co.'s creation of the entity called Reliance Specialty which aims to provide specialized coverages to niche markets and customized policies for clients with non-standard needs. Target markets; Contact information.


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics