The Alliance of American Insurers reported its disappointment in the Florida Legislature’s failure to pass legislation workers’ compensation reform legislation by the end of its regular session May 2. The Alliance is a member of the Coalition of Business and …
A discussion on the state of the California workers’ comp market, the industry’s hard market, and other topics highlighted the opening round of discussions at the 2003 IBA West Blue Ribbon Conference in Hawaii on Monday. Ken Bollier, past president …
Senate Majority Whip Jeffrey Piccola (R-15) unveiled new legislation Tuesday to several thousand members of the Politically Active Physicians Association (PAPA) during a rally held on the steps of the State Capitol. Piccola’s measure would reportedly establish a sliding scale …
New Jersey-based Selective Insurance Group, Inc. reported net income of $8.0 million, or $0.29 per diluted share, for the first quarter ended March 31, 2003, compared with $10.3 million, or $0.39 per diluted share for the same period last year. …
An official of the National Association of Mutual Insurance Companies (NAMIC) said Tuesday that his organization agrees with a General Accounting Office (GAO) preliminary report that says state regulators need to do more to adopt and implement common standards for …
Quality Planning Corporation (QPC), the Rating Integrity Solutions Company, released its annual Premium Rating Error report, detailing just how much often-overlooked premium rating errors diminish the overall profits of auto insurance companies. QPC estimates that $13.7 billion of premium revenues …
AIG eBusiness Risk Solutions (AIG eBRS), a unit of the property and casualty subsidiaries of American International Group, Inc. (AIG) has enhanced its AIG NetAdvantage® Suite of network security insurance and risk management services to address the increasing exposure to …
Katie Freeman, president of San Diego-based Katie Freeman Insurance Services and 2003 chairman of the Surplus Lines Association of California, is currently recuperating from major knee replacement surgery performed on April 16. The delicate surgery went very well, and Freeman …
California Insurance Commissioner John Garamendi spoke recently to the Assembly Insurance Committee in Sacramento. Below are his comments as provided by the Calif. Department of Insurance. Chairman Vargas and Committee Members, Thank you for allowing me to speak today on …
Gideon Sofer, 18, of Highland Park, N.J. was named one of America’s top ten youth volunteers for 2003 in a ceremony today at the International Trade Center, in Washington D.C., receiving a national Prudential Spirit of Community Award for his …
