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

Alliance Hosts 81st Annual Meeting in Calif. April 27-29

“Corporate Ethics and the Public Trust” will be the topic of the keynote speech by former Secretary of Education and Drug Czar William Bennett at the Annual Meeting of the Alliance of American Insurers. The Alliance’s 81st Annual Meeting will …

U.S.I. Holdings Announces Executive Promotions

San Francisco-based U.S.I. Holdings Corporation announced that Robert S. Schneider has been appointed executive vice president and CFO. Schneider is currently USI’s executive vice president of Finance and Administration. Schneider joined U.S.I. in Nov. 2002. Prior to joining USI, he …

Calif. Man Arrested for Auto Insurance Fraud

Samuel Tufino Machado, 22, also known as Salvador Castaneda, was arrested and booked into the Sacramento County Jail on two felony counts of insurance fraud with special allegations that the crimes were committed while he was out on bail. Authorities …

Appeals Court Rules Aon Must Pay $22 Million

The Illinois Appelate Court has ruled that insurance brokerage giant Aon Corp. must pay $22 million to the family of man killed in a plane crash helmed by the company’s corporate pilot, according to Crain’s Chicago Business. The man, Robert …

XDimensional Technologies to Integrate FSC Rating Data with Nexsure

XDimensional Technologies, Inc. (www.xdti.com), developers of Nexsure, a 100 percent web-architected agency management system based on the Microsoft .NET platform, announced a major integration agreement with Fiserv FSC, Inc. (www.fiservfsc.com) an industry provider of comparative insurance rating information services. Under …

CNA Offers Small Biz Benefits Product

CNA’s has introduced a group benefits product for small business with four to 50 employees. The product, “Group Benefits for Small Business,” is a portfolio of group life, short- and long-term disability plans that include integrated employee assistance services. Standardized …

NAII Disappointed by Oxendine’s Comments On Surplus Lines Insurers

According to the National Association of Independent Insurers (NAII), recent remarks by Georgia Insurance Commissioner John Oxendine about the role of surplus lines insurers in the marketplace should not diminish the importance of these companies and the vital role they …

TWCC Commissioner Appointments Confirmed

The Texas Senate confirmed Richard Smith, Eddie Wilkerson, and Mike Hachtman to serve as Commissioners of the Texas Workers’ Compensation Commission (TWCC). Governor Rick Perry appointed Smith to the Commission in April 2002, Wilkerson in June 2002, and Hachtman in …

Auto Safety Campaign Targeting Hispanics Launched in Houston

Motor vehicle crashes are now the leading cause of death among Hispanics, ages one to 44, and a Spanish language campaign was recently launched in Houston to increase awareness of highway safety issues. The campaign, “Corazon de mi vida,” was …

Faucett to Head Legacy Bank’s Legacy Premium Finance Unit

Legacy Bank of Texas announced the addition of a new subsidiary, Legacy Premium Finance. Phil Dyer, president of Legacy Bank of Texas, said Deborah Faucett has joined the company as Operations and Marketing manager of the new unit, which will …