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

Palisades Acquires N.J. Auto Lines from American Financial, The Hartford

Subsidiaries of American Financial Group Inc. and The Hartford Financial Services Group Inc. announced transfers of their New Jersey personal auto businesses to units of Palisades. American Financial subsidiary Great American Insurance Company has agreed to transfer renewal rights of …

CNA Launches Specialty D&O and Fiduciary Liability Lines

Schinnerer & Company Inc. of Chevy Chase, Md. is now offering liability coverage to architects, engineers, land surveyors, landscape architects and specialty consultants through CNA’s E-Pack. With this newest addition Schinnerer provides protection for the organization, directors, officers and the …

Kentucky’s HopFed Acquires Bank Branches, Agency

HopFed Bancorp Inc. of Hopkinsvill, Ky. acquired two bank branches and a full service insurance agency located in Fulton, Ky. The closing was effective Sept. 5, and the branches began operation under the Heritage Bank name on Sept. 6. The …

Ala. Department Names First Consumer Panel

Alabama Insurance Commissioner David Parsons named 15 Alabamians of diverse backgrounds to the Department of Insurance’s first Consumer Liaison Committee. Parsons noted that the consumer panel was created to “help ensure that the interests of consumers are represented at the …

N.C. Sentences Pair for Alleged Embezzlement

In separate cases, courts in North Carolina convicted two women for alleged embezzlement and insurance fraud. According to the North Carolina Department of Insurance, Hillsborough resident Linda Kay Fleshman, formerly a North Carolina licensed insurance agent and a customer service …

Alliance Opposes Texas Plan to Restrict Insurer Denials

A proposal introduced in Texas that would put restrictions on insurers’ ability to make decisions on writing homeowners coverage when a water damage claim has previously been filed is being opposed by the Alliance of American Insurers. Under the proposed …

Texas Man Gets Time for Alleged Workers’ Comp Fraud

James Webb of Houston was sentenced to 18 months in state jail by the Travis County, Texas, District Court for allegedly defrauding the workers’ compensation system by collecting workers’ comp benefits for injuries he received while in jail. The court …

Ohio’s Progressive Earns Two E-Commerce Pioneer Awards

Ohio-based Progressive, one of the country’s largest auto insurance groups, became the only two-award winner in the first-ever E-Commerce Pioneer Awards, given by Ecom-Ohio on September 5. Ecom-Ohio, an initiative to evaluate the infrastructure and demand for e-commerce in Ohio, …

Privacy, Auto Repair Shop Bills Fail in Calif. 2002 Legislative Session

California’s 2002 legislative session came to a close recently without passage of bills aiming to restrict insurers’ use of personal financial information and investments in auto repair shops. Both measures were vehemently opposed by the National Association of Independent Insurers …

Hawaii Looks to Uncover Truth about Mold

Headlines about “toxic” mold have been frequent and inflammatory. With the Hilton Hawaiian Village mold problem on the front pages, other Hawaii hotels are scrambling to “test” their air to “prove” that they are mold-free. “Fact is, they can’t prove …