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

Fourth Annual Educational Forum Set for April 17 in Walnut Creek, Calif.

The Mt. Diablo Chapter CPCU and the Insurance Industry Charitable Fund-Child Abuse Prevention Program (IICF-CAPP) are presenting their Fourth Annual Insurance Educational Forum “Insuring the Future” for the benefit of IICF-CAPP at the Dean Lesher Regional Center for the Arts …

Alabama DOI to Hold Town Hall Meeting in Shoals Area

The Alabama Department of Insurance announced that agency representatives will visit the Shoals area on March 12 to meet with citizens to answer questions their regarding insurance issues. The meeting will be held at Florence City Hall auditorium. The meeting …

Sanchez Joins Crawford & Company

Atlanta-based Crawford & Company announced that Annette Sanchez has joined their company and will assume the role of vice president and national sales manager of Crawford’s Risk Management Services (RMS). A veteran industry executive, Sanchez most recently served in the …

Dale Issues C&D Orders in Mississippi

Mississippi Insurance Commissioner George Dale announced he issued cease and desist orders against one individual and three companies that are allegedly attempting to sell medical malpractice to doctors in his state. Dale said the Mississippi Department of Insurance has received …

New Workers’ Comp Company Authorized in Texas

The Texas Department of Insurance has issued a Certificate of Authority for a new property-casualty insurance company to be located in Tyler, Texas, named Old Glory Insurance Company. The new company will operate as a wholly owned subsidiary of the …

Calif. Commissioner Enlists Help of DAs to Reform WC System

Calif. Insurance Commissioner John Garamendi pushed his workers’ comp reform agenda further along by enlisting the help of the state’s 58 county district attorneys (DA) in combating employee and employer fraud. Garamendi addressed deputy district attorneys and white-collar crime investigators …

Ratings Agencies All Cut Kemper

On news of Kemper Insurance Cos. $312 million net loss in 2002, Fitch, Standard & Poor’s and Moody’s all lowered the company’s ratings. Kemper announced it has sold its middle-market lines of business to a private equity investment firm affiliated …

Willis Continues Captives Expansion with New Hawaii Office

Willis Group Holdings recently announced the opening of a new captive office in Hawaii serving the growing pool of companies seeking alternatives to the traditional insurance market. Jason Palmer has been charged with leading the new venture in Hawaii. His …

Circuit Court of Appeals Upholds Calif. Earthquake Law

A California law allowing homeowners to renew insurance claims from the 1994 Northridge earthquake was upheld March 3 by a federal appeals court, according to the Associated Press. The law was challenged by insurers in an attempt to block victims …

White Collar Crime Seminar Comes to Chicago

A seminar in Chicago will examine the impact of the Sarbanes-Oxley Act of 2002 on corporations, their officers, directors and employees, and insurance coverage. The seminar on white collar crime is hosted by DRI, a national organization of defense trial …