September 12, 2002
Governor Bob Foster of Louisiana is pushing for a change in state law that would allow the state insurance commissioner to be an appointed official rather than an elected one. According to the New Orleans Times-Picayune Foster made the proposal …
September 12, 2002
Cicero’s Board of Trustees named Ramiro Gonzalez as the new town President, to serve out the remaining term of Betty Loren-Maltese, following her conviction as part of a ring that bilked the city of around $12 million in an insurance …
September 12, 2002
The most recent economic survey released by the Federal Reserve regional banks indicates a general slowing of economic growth in most Midwestern regions, with a mixture of good news and bad news and some increases in the cost of insurance. …
September 12, 2002
California Governor Gray Davis has signed a measure that guarantees employers and injured workers will continue to receive workers’ compensation benefits if an insurance carrier becomes insolvent, according to the American Insurance Association (AIA). “This new law maintains an important …
September 12, 2002
South Carolina-based Seibels Bruce Group Inc. announced that its subsidiary, South Carolina Insurance Company (SCIC), voluntarily agreed with the California Department of Insurance (CADOI) to cease and desist from transacting, soliciting or writing any new and renewal business in the …
September 12, 2002
The Washington Department of Labor and Industries has proposed increasing industrial insurance premiums by 40.5 percent in 2003. It is the agency’s first general rate increase in eight years. If adopted, the proposal will bring in an additional $371 million …
September 11, 2002
Swett & Crawford’s SVP Ben Beazley addresses market challenges. Ben Beazley, Swett & Crawford senior vice president and property manager, delivered a thought provoking presentation on “Today’s Market Challenges” to the Los Angeles CPCU’s at their September meeting. Beazley, who …
September 11, 2002
CDS Business Mapping, a provider of mapping solutions for insurers, announced that Protection Class codes for Mississippi are now available through its Risk Meter Online (www.riskmeter.com) mapping service. Using the service, an insurer or agent can type in an address, …
September 11, 2002
The new medical fee guideline approved by the Texas Workers’ Compensation Commission (TWCC) last spring that was scheduled to go into effect Sept. 1 was recently stayed by a Travis County judge as part of a lawsuit filed against TWCC …
September 11, 2002
Missouri-based Duck Creek Technologies, Inc., a provider of product management software and services to the insurance industry, announced that Indiana Farmers Mutual Insurance Group has selected its EXAMPLE Platform Product Suite for technical services. The software, which includes the EXAMPLE …