March 25, 2003
The Society of Certified Insurance Counselors (CIC), based in Austin, Texas, announced that six new members were selected to serve on its Board of Governors. The Society of CIC relies on the 18-member Board for determining policy and guiding the …
March 25, 2003
Acting Louisiana Commissioner of Insurance Robert Wooley announced that the Louisiana Department of Insurance has accepted an invitation to join the NeighborWorks National Insurance Task Force (NITF). Wooley appointed Richard Chambers, the Department’s Deputy Commissioner of Minority Affairs, as his …
March 25, 2003
Brown & Brown Inc. announced it has agreed to the asset acquisition of Rogers and Associates Insurance Inc. of Palm Harbor, Fla., in a transaction effective April 1, 2003. Rogers and Associates Insurance, with annualized revenues of approximately $1.1 million, …
March 25, 2003
A Miami insurance agent charged with failing to return a refund to a customer and with writing worthless checks has lost his license to sell insurance, according to the Florida Department of Financial Services. The department revoked the insurance and …
March 25, 2003
InsWeb Corp., a producer of automobile insurance in the U.S., announced that a settlement has been reached in its litigation with eHealthInsurance.com. The litigation stemmed from eHealthInsurance’s decision in February 2001 to reportedly terminate an agreement concerning the marketing of …
March 25, 2003
Washington taxpayers and the State Fund will get significant financial relief from the federal government in the event of an act of terrorism that results in catastrophic losses to the workers’ compensation system. The law requires that workers’ comp coverage …
March 24, 2003
Texas is a king size state with king size problems regarding medical care costs in its workers’ compensation system. However, Texas’ workers’ compensation system is not alone in facing escalating medical care costs. The growth in overall medical costs is …
March 24, 2003
Whether you are trying to access major carriers’ markets for hard-to-place risks, find a way to brand your agency, or tap into the expertise of other veteran agents, a cooperative may be the way to go. Clusters, networks, huddles—cooperatives go …
March 24, 2003
In a flurry of recent cases, Texas courts have tried to clarify various issues regarding election of remedies in the context of workers’ compensation insurance. These issues arise in various circumstances. Two scenarios form the basis for the recent opinions: …
March 24, 2003
With the selection of the design submitted by Berlin-based architect Daniel Libeskind, rebuilding of the World Trade Center site has begun. Walking around the 16 acres of open space in the heart of New York one finally begins to comprehend …