May 12, 2003
Markham Rollins, III chairman of TechAssure Association, Inc. announced that Gary McGraw, Ph.D., Chief Technology Officer of Cigital, which provides Software Quality Management solutions, will provide the keynote address at the Associations Conference, being held May 17-20 at the Lansdowne …
May 12, 2003
North Dakota’s 2003 legislative session was reportedly a very positive session for property/casualty insurers highlighted by the passage of legislation dealing with the payment of attorney fees in uninsured motorist claims, a property insurance placement facility bill and the National …
May 12, 2003
Thomas Hays, chairman of the board for United Agencies, announced that effective May 15, Premier Class Insurance Services, Inc. of Encino, Calif., is coming aboard as their newest member group. Premier Class Insurance Services, Inc., a partnership, writes commercial lines, …
May 12, 2003
Recently, Colorado Gov. Bill Owens (R) signed into law AB 1188, authored by Rep. Keith King (R-21 El Paso), to allow the state’s auto insurance system to transition from a no-fault system to a tort reparation system similar to that …
May 12, 2003
The New Mexico Court of Appeals recently rejected the theory of liability stacking with regard to automobile insurance, the American Insurance Association (AIA) reported. In the case of Linda Ann Slack, et al. v. James Robinson, et al., the court …
May 12, 2003
Fitch Ratings’ current estimate is that the domestic property/casualty insurance industry will experience an improvement in the combined ratio to 103.9 percent in 2003 from 107.2 percent in 2002, with an increase in premium volume of approximately 10 percent in …
May 9, 2003
Kansas City Life Insurance Company posted a $0.62 per share net loss in the first quarter 2003, compared with a $0.54 per share net income last year. The net loss of $7.5 million for the quarter is primarily due to …
May 9, 2003
The Professional Insurance Agents of New Jersey Inc. announced that it had recently provided input to the New Jersey Department of Banking and Insurance (DOBI) on its proposed new rules establishing standards for insurers and producers for protecting non-public customer …
May 9, 2003
The Professional Insurance Agents of New Jersey Inc. has written a letter to Assistant Commissioner Douglas Wheeler of the New Jersey Department of Banking and Insurance, indicating the organization’s support for the department’s proposed new rules establishing uniform policy language …
May 9, 2003
The National Association of Independent Insurers has issued a bulletin stating that two Vermont bills that include provisions dealing with underinsured motorist coverage (UIM) “would be detrimental to auto insurers and their policyholders.” Gerald Zimmerman, NAII senior counsel, stated: “We …