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

NAII Opposes RI Insurance Legislation

Gerald L. Zimmerman, senior counsel for the National Association of Independent Insurers, said that several insurance-related bills scheduled to be considered by the Rhode Island Senate Corporations Committee would stifle competition in the insurance marketplace and ultimately do Rhode Island …

AAI Says Appeal of Reg 68 Ruling Costs NY Drivers $2 Million a Day

The Alliance of American Insurers (AAI) has strongly attacked the decision of groups led by trial lawyers to appeal trial Judge William Wetzel’s decision to give the New York State Insurance Department the go-ahead to implement new regulations contained in …

Mutual of Enumclaw Migrates Personal Lines onto Internet-based Sales Platform

Washington-based Mutual of Enumclaw announced that all personal lines products have migrated onto an Internet-based sales platform from IBQ Systems. Mutual of Enumclaw agents can now quote, rate, complete an application and upload through a single interface using any Internet …

AAI Objects to Changes in Calif. Auto Rate Rules

Proposed changes to the way California allows insurers to compute auto insurance rates will result in a return to a confusing system that generates arbitrary rates, to the ultimate detriment of consumers, according to the Alliance of American Insurers. “The …

Garamendi, Mendoza Get Nod from S.F. Chronicle

In its Feb. 24 lead editorial, the San Francisco Chronicle endorsed Democrat John Garamendi and Republican Gary Mendoza in the primary race for California insurance commissioner. Headlined “Insuring integrity”, the Chronicle cited the need for “an independent, aggressive advocate for …

Gerling Global Reinsurance President and COO Announces Retirement

Gerling Global Reinsurance Corporation of America (GGRCA) President and Chief Operating Officer Thomas J. Tartaro has announced his retirement. Tartaro joined GGRCA in 1997 as Executive Vice President and member of the Board of the Directors, and rose to the …

ISO Acquires 100 Percent of NetMap Analytics

Insurance Services Office, Inc. (ISO) has acquired 100 percent of NetMap Analytics LLC, a Columbus, Ohio-based software company that produces visual-link analysis technology used to detect fraud in insurance claims. The acquisition follows ISO’s purchase last year of a majority …

AIG Asks FAA to End Provision of War-Risk Coverage to U.S. Airlines

AIG is putting pressure on the Federal Aviation Administration (FAA) to cease providing war-risk insurance to U.S. airlines with hopes of substituting FAA coverage with its own insurance program, as first reported in the Wall Street Journal. It was further …

Kansas Commissioner to Run for Governor

Kansas Insurance Commissioner Kathleen Sebelius announced she is making a bid to become governor, a move that was not unexpected among political observers in the state. The Topeka Capital-Journal reported that, Sebelius, a Democrat, has vowed to “fight for more …

Neb. to Disapprove Terrorism, Nuclear Exclusions in Personal Lines

The Nebraska Insurance Department announced it will disapprove terrorism exclusions in personal lines insurance, including exclusions for nuclear and bio-terrorism risks. National Association of Independent Insurers (NAII) Counsel Ann Weber took issue with the decision, saying it could cause problems …