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

NAII Continues to Offer Value-Added Services

“Over the past 12 months, our industry has faced unprecedented challenges that have made our public policy and political advocacy efforts much harder,” National Association of Independent Insurers (NAII) president Jack Ramirez said in his address to attendees of the …

9th Annual Golf Tourney Raises $70,000 For Insuring the Children

When insurance professionals and their guests from Los Angeles and Orange County convened at Dove Canyon Country Club on Oct. 14, they not only had a great day of playing golf, but they raised another $70,000 for their non-profit organization …

Judson Appointed President, CEO at Millennium Corporate Solutions

California-based Millennium Corporate Solutions appointed Douglas Judson as president and CEO. Judson is a member of Associated General Contractors; Construction Financial Management Association; Construction Management Association of America; National Association of Surety Bond Producers; and National Association of Casualty & …

W.R. Berkley Corp. Sees 3rd Q Profit

W. R. Berkley Corporation reported third quarter operating income of $42 million, or 81 cents per share, compared with an operating loss of $12 million, or 28 cents per share, a year ago. For the first nine months of 2002, …

Harleysville Names New Midwest Management

Harleysville Insurance of Harleysville, Pa. announced the appointment of new executives to two of its Midwest subsidiaries as part of the company’s plans to grow small commercial and personal lines in the region. Daniel Barr was named president and chief …

W. Va. Woman Pleads Guilty to Workers’ Comp Fraud Charges

Peggy Ann Cox of West Virginia has pled guilty in federal court on two counts of fraud. According to The Charleston Gazette, Cox made the plea to Chief U.S. District Judge Charles Haden II, admitting that between December 1992 and …

AIG Unit Offers Mold Protection Program to Eastern Schools

The Hartford Steam Boiler Inspection and Insurance Company, a unit of American International Group, announced it would offer a mold protection program to help clients prevent and manage risks stemming from mold growth. The new program will first focus on …

Seibels Bruce Group Appoints New President

The Seibels Bruce Group Inc., headquartered in Columbia, S.C., announced the appointment of Michael A. Culbertson, as company president. He will report to Charles H. Powers, chief executive officer and chairman of the Board of Directors, and succeeds John E. …

TWCC Sets Ag Payroll Requirements and Maintenance Tax Rates

The Texas Workers’ Compensation Commission announced both the annual payroll requirement of an employer for the coverage of seasonal workers and the maintenance tax rate for gross premiums for 2002. The adjusted annual payroll requirement for the coverage of seasonal …

A.M. Best Reports Med-Mal Crisis Adding to Health Insurer Woes

Rising medical-malpractice insurance premiums for doctors and hospitals are adding to already budget-busting medical-cost inflation, according to the special report, “The Impact of the Med-Mal Insurance Crisis on Health Insurers,” released by A.M. Best Co. In Pennsylvania, doctors and hospitals …