Monthly Archives: <span>January 2002</span>

Alliance Pleased with State Progress on Producer Licensing

The Alliance of American Insurers is expressing pleasure at the progress of state legislatures in acting upon the National Association of Insurance Commissioners (NAIC) model producer licensing law so early in the new year. In New England, “the Massachusetts Legislature …

Without Federal Help, Terrorism Coverage Could be Months or Years Away

According to the Washington Post, insurance executives told state regulators in Washington, D.C., last week that minus federal help, it could be months or years until they can provide terrorism coverage. They added workers’ compensation and group life to a …

Crawford and Company’s The Garden City Group Expands Midwest Regional Headquarters

The Garden City Group Inc. (GCG), a division of Crawford & Company, an independent provider of diversified services to insurance companies, self-insured corporations, and governmental entities, announced the expansion of GCG’s operations to include a Midwest office in Columbus, Ohio. …

ING, Piraeus Bank Finalize Alliance

Dutch financial services giant ING Group has concluded a “strategic alliance” with Greece’s Piraeus Bank which will enlarge its operations in the country, and give it a firm base for further expansion in the region. The two companies announced agreement …

S&P Sees Stable Belgian Insurance Market in 2002

Standard & Poor’s has issued a report on the Belgian insurance market which concludes that the basic outlook for the year 2002 is stable, and that the majority of Belgian insurers’ financial strength ratings are unlikely to change over the …

U.K. Gov’t. Extends Airline Coverage

After a series of meetings with airlines and the insurance industry, Britain’s Treasury Department has agreed to extend the emergency insurance program for the country’s air carriers and service providers until March 20. The coverage, put in place following the …

Trumbull Names Kay Womble VP Sales/Mktg.

Windsor Connecticut-based Trumbull Services, a provider of outsourcing services to the insurance industry, announced the appointment of Kay L. Womble as VP of Sales & Marketing, effective immediately. “Ms. Womble brings 20 years of experience in sales and marketing functions …

Penn. Doctors, Patients Gather to Urge Med Mal Reform

Pennsylvania’s ongoing medical liability insurance crisis has generated a rare alliance between the State’s doctors, health care professionals and their patients, culminating in a gathering in Harrisburg, sponsored by the Pennsylvania Medical Society (PMA). Returning legislators will be urged to …

Credit Scoring May Come Up in Olympics-Disrupted Utah 2002 Legislative Session

According to the National Association of Independent Insurers (NAII), although the credit-scoring issue is lurking in the background, few bills of major insurer interest are definitely set yet for the Utah legislative session that will have a mid-term break due …

Auto Dealers Become First to Self-Insure Under Calif. DIR Plan

The California Department of Industrial Relations (DIR) announced that it had recently approved a plan allowing some private sector groups to self-insure workers’ compensation liabilities. California Motor Car Dealers Comp Plan became the first to self-insure in early January. Following …