Monthly Archives: <span>June 2000</span>

Connecticut Names New Insurance Commissioner

Susan Cogswell has been named insurance commissioner of Connecticut by Gov. John G. Rowland. Cogswell previously served as interim commissioner. Before that, she served as chief of staff to former commissioner George M. Reider Jr. in the Connecticut Insurance Department. …

Pennsylvania DOI Posts Enforcement Actions on Web Site

Insurance Commissioner Diane Koken today announced that enforcement actions taken against agents and companies licensed to conduct business in Pennsylvania are now available on the state’s web site at www.state.pa.us or directly at www.insurance.state.pa.us. “We protect consumers through consistent, vigilant …

Texas Holds Its Own in Insurance Rates

A closer inspection of NAIC auto premium data reveals something much different than what the consumer media reported When the National Association of Insurance Commissioners released its 2000 report, State Average Expenditures & Premiums for Personal Automotive Insurance in 1998, …

Keeping the Bugs Out of Your System

For those of you who keep archives of Insurance Journal, you’ll notice that almost one year ago (to the day of writing, actually) I wrote a column talking about viruses and worms. Creepy, isn’t it. At the time, I was …

TDI Launches Probe Into Race-Based Pricing of Small Life Policies

The Texas Department of Insurance is surveying insurers selling “industrial life” and similar small life insurance policies to determine if any are charging African-Americans higher premiums than others. TDI sent letters last week to 33 companies selling industrial life and …

Adding features and freshness without adding dollars

One of the biggest struggles an agency can have with their Web site is keeping the content fresh or making the site look like it is continually being updated. For those of you who suffer with this, you might want …

Just E-Sign on the Dotted Line

The Internet can stand up and take a bow. It just received a hearty endorsement in the form of the unanimous Senate passage on June 15 of S. 761, “Electronic Signatures in Global and National Commerce Act.” Passage of the …

In the Underworld: Kidnapping, Hostage-Taking and Extortion Demands On the Rise

Kidnapping—seizing and holding people for a money payment; wrongful detention—when someone’s held for political reasons, and all kinds of extortion demands, are definitely on the rise,” said AIG Europe Vice President Diane Borden, head of the crisis management unit at …

EMC Ins. Pool Members Lowered

The financial strength rating on Employers Mutual Casualty Company, a member of EMC Insurance Cos., and its related pool members was lowered from ‘Api’ to ‘BBBpi’ by S&P. The other affected companies are: Emcasco Insurance Co., Illinois Insurance Co., Dakota …

Coregis ‘A+’ Affirmed

The ‘A+’ counterparty credit and financial strength ratings on Coregis Insurance Company, California Insurance Co. and Coregis Indemnity Co.-Security Circle insurers known collectively as the Coregis Insurance Group-were affirmed by S&P. The outlook is negative.