Business Services Industry
NCCI TO BOLSTER DOMINANCE.(to acquire Insurance Services Office Inc.'s Insurance Data Resources Inc. and IDR Statistical Services Inc.)
Business Insurance, June, 1999 by FLETCHER, MEG
BOCA RATON, Fla.-The National Council on Compensation Insurance's proposed purchase of its sole competitor would return the NCCI to its historical dominance as the nation's only workers compensation rating organization and statistical information company. The Boca Raton, Fla.-based NCCI announced plans last week to purchase the Insurance Services Office Inc.'s two small workers compensation subsidiaries, pending the approval of federal antitrust authorities.
Spokesmen for both NCCI and New York-based ISO declined to provide details, citing confidentiality provisions in the agreement. However, the fact that a federal antitrust filing was required indicates the purchase price was at least $15 million. The NCCI's reassertion of its monopoly status is...
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- LIFO vs. FIFO: a return to the basics
- Design a commission plan that drives sales - Sales Commissions
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
