Wednesday, September 06, 2000
Tristate Business Summary
American Modern Insurance Group, a unit of Cincinnati-based The Midland Co., has reached an agreement with another insurer that will expand its motor sports insurance business.
American Modern plans to reinsure customers of GuideOne Specialty Mutual Insurance Co. of West Des Moines, Iowa, who have policies for coverage of motorcycle, watercraft and snowmobiles. American Modern will pick up that coverage as GuideOne leaves the business.
Details of how many customers American Modern will pick up and when the conversion will occur are being worked out. The deal would expand Midland's motorized recreational vehicles business.
DOWN THE DRAIN: Charlie Sopa (left) and his son Bart dump more than 600 gallons of milk Monday on their central Wisconsin farm. The Sopas joined farmers in 22 states who have promised to dump or give away at least 23 million pounds of milk this week in their second protest of low dairy prices in the past three months. The base price for milk now is about $10 per 100 pounds, or about 12 gallons.|
(Associated Press photo)
| ZOOM |
Convergys provides service for iBasis
Convergys Corp., Cincinnati provider of billing and customer-care services, said iBasis Inc., a provider of advanced Internet communications, has contracted for its customer-care services.
Under the agreement, iBasis' service providers such as telephone and Internet service companies, have the option of using Convergys' subscriber billing, collection and customer care services. Financial terms weren't disclosed.
ProposalMaster finalist for award
ProposalMaster, the leading proposal automation system developed by the Sant Corp., has been named a finalist in the Second Annual Users Choice Awards, sponsored by Customer Support Management magazine and RealMarket.
Sant Corp. is a Norwood-based maker of sales proposal software.
ShopPro Software becomes Encompix
ShopPro Software, a Sharonville developer of enterprise planning software for mid-sized custom manufacturers, has changed its name to Encompix Inc.
Our new name reflects our continued focus on developing business application solutions that encompass all critical areas of project-based and job-based manufacturers, said David T. Warford, president.
From staff and wire reports
Duramed takes on Premarin's maker
Execs face grilling
WorldCom to buy Intermedia
High-tech industry presses for more worker visas
Roth bill raises limits on savings
Working moms accommodated in Tristate jobs
Tristate Business Summary
What's the Buzz?