January 9, 2003
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 …
January 9, 2003
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 …
January 9, 2003
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 …
January 9, 2003
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 …
January 9, 2003
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 …
January 9, 2003
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 …
January 9, 2003
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 …
January 9, 2003
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 …
January 9, 2003
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 …
January 9, 2003
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 …