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

Edward C. Woodward, 58, Passes Away

Ed Woodward, president of the California Workers’ Compensation Institute (CWCI), collapsed suddenly in his office on Oct. 13 and never regained consciousness. He was 58. A native of Santa Barbara, Ed was a graduate of UC Santa Barbara and completed …

Countrywide Insurance Services Launches Online Insurance Marketplace

Countrywide Insurance Services, a principal subsidiary of Countrywide Credit Industries, has launched an online insurance marketplace, www.cwinsurance.com. Web users can now purchase homeowners and home protection plans online, obtain real time quotes for auto policies, home insurance products, life insurance …

NAFTA Moratorium Continuation Urged

Presidential candidates George W. Bush and Al Gore are being urged by the National Association of Independent Insurers (NAII) to maintain the moratorium against granting Mexican trucks full access to American highways until compliance with U.S. safety, insurance and competency …

Argonaut Reports Q3 Loss

Argonaut Group Inc. reported a consolidated net loss of $900,000 on total revenue of $50.5 million for the third quarter compared to consolidated income of $5.0 million on total revenue of $45.3 million for the same quarter last year. For …

St. Paul Expands P/C to New Zealand

The St. Paul Companies has expanded its operations to New Zealand by opening an office in Auckland. The company will conduct business as St. Paul International Insurance Co., Ltd., a branch of The St. Paul’s international head office in London. …

Zurich Renames Political Risk Group

Zurich U.S., a subsidiary of the Anglo-Swiss group Zurich Financial Services , announced that it will rename its Political Risk Unit as Zurich Emerging Markets Solutions, to reflect “the group’s commitment to provide innovative solutions to infrastructure developers, financial institutions …

AXA Merging Australian Fund Groups

In a move calculated to streamline its operations in Australia and new Zealand, France’s AXA announced that it was combining the asset fund management operations of AXA Asia Pacific, in which it holds a 51 percent stake, with the Australian …

Conn. Workers’ Comp Filing Announced

The Connecticut Department of Insurance will hold a public hearing Nov. 14 to consider workers’ comp filings submitted by the National Council on Compensation Insurance. NCCI’s filings for voluntary market pure premium loss costs and assigned risk plan rates are …

Calif. Commissioner Approves 10 Percent Workers’ Comp Rate Increase

On Oct. 20, Insurance Commissioner Harry Low took his first step to improve the dire state of California’s workers’ comp market. Low approved the Workers’ Compensation Insurance Rating Bureau of California’s (WCIRB) proposed 10.1 percent average increase in pure premium …

Paroled Felon Caught Impersonating a Cal/OSHA Inspector

Mark Dwayne Jackson, a paroled felon, was recently arrested in a joint Cal/OSHA sting operation conducted by the Los Angeles County District Attorney’s Major Crimes Unit. Jackson allegedly victimized several minority-owned small businesses in the L.A. County area by posing …