Monthly Archives: <span>January 2003</span>

Arkansas Business Community Promotes Tort Reform Bill

The Arkansas business community initiated a tort reform effort which has resulted in the introduction of a bill that would be a major step in restoring rationality to the state’s tort system, according to the National Association of Independent Insurers …

Aon Study Reports D&O Liability Expenses Hammering Technology Companies

The chilling effect from last year’s corporate governance scandals has infected the directors’ and officers’ liability insurance market, hitting technology companies especially hard. That is one of the conclusions from a recent study by Chicago-based Aon Risk Services. The corporate …

E.L.M. Announces New Coverage for Tech Professionals

E.L.M. Insurance Brokers Inc. a specialist in professional liability has introduced a new package program for technology professionals. The package includes up-to-date errors and omissions language and general liability on an occurrence form as well as property coverage on a …

East West Ins Agency Announces New SVP & GM

East West Bancorp announced the executive appointment of Randall P. Yang to head it’s insurance subsidiary East West Insurance Agency, a full service provider of commercial and personal insurance products and solutions to the Chinese-American community throughout California. As senior …

Willis Re Makes Hirings in Chicago Office

Willis Re announced the recent hiring of facultative brokers in the Chicago office. Noreen Metcalfe has joined the office as vice president and property manager. She brings 17 years of property reinsurance underwriting experience to Willis Re. Metcalfe previously served …

Dalis Joins Dodge, Warren & Peters as VP

Jeff Dalis will join the Torrance, Calif. branch office Dodge, Warren & Peters as vice president. Dalis will work closely with middle-market businesses in the greater Los Angeles vicinity servicing their property and casualty needs. Prior to joining DW&P, Dalis …

Calif. DMV Revokes Allstate’s Electronic Access to Confidential Driver Records; Garamendi Supports Decision

The California Department of Motor Vehicles has revoked Allstate Insurance Company’s electronic access to confidential driver license and vehicle registration information, because the company reportedly failed to adhere to state laws and regulations concerning access to those records. The DMV …

Travelers Pursues Implementation of Web-Based Med. Billing, Reporting for Workers’ Comp Business

Travelers Property Casualty Corp. is pursuing implementation of web-based medical billing and reporting for its workers’ compensation business. This connectivity, enabled by services from P2P Link LLC, will mark another significant step in Travelers’ efforts to transform workers’ compensation claim …

NAMIC Increases State Advocacy Resources, Names Thesing State Advocate

Continuing its expansion of state advocacy, the National Association of Mutual Insurance Companies (NAMIC) has named Joe Thesing, formerly with the Ohio School Boards Association, to the position of State Advocate. Thesing will work on collaborations with state insurance trade …

AAIS To File Endorsements Excluding Non-Certified Terrorism Losses

The American Association of Insurance Services (AAIS) is initiating state-by-state filings of commercial lines terrorism endorsements excluding losses arising from “non-certified” acts of terrorism. Non-certified terrorist acts are essentially all acts of terrorism carried out by groups based in the …