Michael Vannostran, 24, of San Clemente, surrendered after an arrest warrant was filed by the Orange County District Attorney’s Office charging him with two counts of insurance fraud. Vannostran surrendered at the Department H2 Harbor Justice Center in Newport Beach …
A Colorado House committee has killed two bills pertaining to the use of credit scores after amending them to delete their applicability to insurance. Prior to the meeting of the House Information and Technology Committee, National Association of Independent Insurers …
Gov. Gray Davis has reached an agreement with organized labor, trial lawyers, and Democratic lawmakers to increase benefits for injured workers, while at the same time, restricting employers’ costs for providing workers’ compensation, according to the Los Angeles Times. The …
The Hartford Financial Services Group reported fourth quarter operating earnings of $1.06 per share versus $1.09 per share in the fourth quarter of 2000. Net earnings per share were $0.58 versus $1.18 in the fourth quarter of 2000. Fourth quarter …
ACORD, the global, nonprofit standards-setting organization for the insurance and related financial service industries, named Brenda Ayler-White of Royal & SunAlliance USA as chairperson of its Property & Casualty Insurance Steering Committee. Ayler-White is E-Relations Director for Royal & SunAlliance’s …
Zurich North America has introduced a new tool to better evaluate business interruption exposures and calculate coverage needs. Going forward, Zurich will use the tool, known as the Business Interruption Coverage Calculator, as part of its underwriting procedure for business …
Insurers feeling the effects of Sept. 11 have taken desperate measures to stay afloat by increasing rates and rewriting policies with little room for loss. Workers’ compensation continues to have a hard time keeping up as state regulators consistently inspect …
Nebraska Department of Insurance Director, L. Tim Wagner announced the creation of an insurance availability task force, members of which are various insurance company representatives and insurance producers who will analyze issues relating to availability of insurance in the state. …
Although well-intentioned, a proposal to require the licensing of temporary insurance adjusters following a catastrophe is not needed and would impede assistance to consumers during their time of need according to the National Association of Independent Insurers. NAII Counsel Ann …
Boston-based Applied Insurance Research, Inc. (AIR), a leading catastrophe modeling firm, has released the 2002 versions of its earthquake and typhoon models for the Asia-Pacific region, in time for the April 1st renewals of reinsurance coverage for Japanese insurance companies. …
