May 13, 2003
Plano, Texas-based InsBridge Inc., a provider of rating and product management solutions for the insurance industry, announced that Banknorth Insurance Group selected the InsBridge RateManager(tm) Suite, the InsBridge AgentRater(tm), the InsBridge ConsumerRater and InsBridge Rate Loading Services to support their …
May 13, 2003
The Texas House of Representatives rejected amendments to a school funding bill passed by the Senate and backed by Lt. Gov. David Dewhurst that would increase and expand the state sales tax in exchange for lower local school property taxes. …
May 13, 2003
The Republic Group of Insurance Companies (Republic), of Dallas, announced that a private investor group has agreed to purchase Republic from Winterthur U.S. Holdings Inc. and certain other subsidiaries of Credit Suisse Group (Winterthur) for $127 million in cash. Founded …
May 13, 2003
As fraud investigators with the Florida Department of Financial Services continue to identify victims of a Miami auto insurance agent who collected premiums without securing coverage, Florida’s Chief Financial Officer Tom Gallagher is re-issuing a warning to consumers to verify …
May 13, 2003
According to the Alliance of American Insurers, a bill introduced in the South Carolina Senate will put the state’s regulation of insurance light years ahead of any other and benefit homeowners by introducing more competition into the market. “The bill …
May 13, 2003
The Personal Insurance Federation of California (PIFC) opposes SB 850 by Senator Deborah Ortiz, a bill, notes PIFC, that will pile on more regulation to an already overly regulated insurance system in the state. Dan Dunmoyer, president of PIFC, stated …
May 13, 2003
Gyan Singh, 55, of Sacramento, was arrested without incident and booked into the Sacramento County Jail on one count of insurance fraud. According to California Department of Insurance investigators, Singh was involved in an auto accident with his 1997 Ford …
May 13, 2003
The PLUS Southern California Chapter will hold a one-day conference on the ABCs of E&O: Identifying Professional Liability Exposures Facing Your Mainstream Commercial Clients, Thursday, June 5, at the Sheraton Four Points Hotel, 8110 Aero Drive, in San Diego. The …
May 13, 2003
New York Superintendent of Insurance Gregory Serio announced that Richard J. Turkow of Binghamton, New York, was arrested last week and charged with Arson in the third degree and Insurance Fraud in the third degree. It is alleged that Turkow …
May 13, 2003
King Insurance has unveiled a new mobile home park program that will be underwritten by CNA/E&S. The package program includes a variety of coverages for the owners and operators of mobile home parks located in California, Nevada, Arizona, and New …