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

Calif. Man Arrested for Workers’ Comp Fraud

Ralph Taeger, 66, of Placerville, Calif. was arrested for workers’ compensation premium fraud on Jan. 2, 2003. Taeger surrendered to California Department of Insurance (CDI) investigators and was booked into the El Dorado County Jail where bail was set at …

CSAA Renews Enterprise ASP Contract With Corio

Corio Inc., an enterprise application service provider, announced that the California State Automobile Association (CSAA), the AAA affiliate serving over 4 million members in northern California, Nevada and Utah, has renewed its contract. Since 2001, Corio has managed CSAA’s customer …

WCIRB’s Q3 Report Reveals Price Increases and Adverse Loss Development

The Workers’ Compensation Insurance Rating Bureau’s (WCIRB) summary of statewide third quarter 2002 experience shows sharp increases in rates charged to policyholders, declines in claim frequency, and continued deterioration in loss development. The WCIRB reports that the average insurer final …

Hearing on TWCC 2002 Medical Fee Guideline Postponed

The Texas Workers’ Compensation Commission announced that on Jan. 6, Travis County Judge John Dietz delayed the hearing on the 2002 Medical Fee Guideline (MFG) until further notice. In August 2002 Judge Dietz issued a temporary injunction in a lawsuit …

New Board Officers Selected at CISR

The Society of Certified Insurance Service Representatives (CISR), headquartered in Austin, Texas, selected a new team of executive officers to head its Board of Governors. The CISR Board is the policy-making entity for this not-for-profit insurance education organization and is …

InsureZone Tripled User Population in 2002

InsureZone, based in Fort Worth, Texas, announced that it closed out 2002 with more than 2,500 agents across the nation approved to submit business using the advanced single-entry, multiple-company interface (SEMCI) its XML-based MarketSecure(tm) technology platform supports. That represents a …

Ky. Commissioner Orders Designation of Med-Mal Coverage

Kentucky Insurance Commissioner Janie A. Miller issued an order Jan. 7 requiring all insurers currently writing Medical Malpractice coverage in the state to file current rates and supplementary information, along with all manuals, underwriting rules and guidelines in effect October …

Two Tallahassee Ind. Agencies Merge To Form Area’s Largest

Two of Tallahassee, Fla.’s oldest and largest independent insurance agencies, Rogers, Atkins, Gunter & Associates and Vaughn Insurance Agency, announced they merged into one company effective January 1, 2003. The new agency, Rogers Gunter Vaughn Insurance, is now the area’s …

PIA Lauds House Vote to Reauthorize National Flood Program

The National Association of Professional Insurance Agents (PIA National) applauded Wednesday’s vote by the U.S. House of Representatives to reauthorize the National Flood Insurance Program (NFIP). Statutory authority for the flood insurance program had expired on Dec. 31, 2002. The …

WFG Forms Insurance Legal Practice Group

WFG Capital Advisors LP, a Harrisburg, Pa.-based investment banking firm, announced it was partnering with the law firm McNees Wallace & Nurick LLC to form an insurance industry legal practice group. McNees’ new practice group will be led by Bruce …