May 2, 2003
The Louisiana Insurance Department shut down the business of a Shreveport, La. insurance agent in the second such action by the department in as many days. According to Insurance Commissioner Robert Wooley, the agent was booked on charges of felony …
May 2, 2003
The Alabama Department of Insurance announced that Michael A. Bownes, general counsel for the agency, has been awarded the 2003 Paul L. DeAngelo Memorial Teaching Award, given annually by the Insurance Regulatory Examiners Society, The DeAngelo Memorial Teaching Award is …
May 2, 2003
A Palm Harbor, Fla. man has surrendered his insurance licenses after allegedly falsely obtaining and misappropriating insurance premiums from St. Petersburg Junior College for more than seven years. According to the Florida Department of Financial Services, Thomas Edward Pollock, of …
May 2, 2003
The Tennessee Department of Commerce and Insurance announced that Exchange Insurance Company is currently mailing checks to over 5,000 of the company’s insureds as reimbursement for their unused premiums. As a result of financial instability, Exchange is in the process …
May 2, 2003
Vanguarde Asset Group Inc., a New York company, has been identified as one of the companies recently shut down by the Florida Department of Financial Services as being unauthorized to sell insurance in that state. In a story that appeared …
May 2, 2003
San Diego-based G. S. Levine Insurance Services Inc. will host a workers’ compensation seminar May 9 at the Del Mar Hilton in Del Mar, Calif., at 8 a.m. With more than 50 bills introduced in the California Legislature on the …
May 2, 2003
A Washington state resident insurance agent and/or broker who is unable to comply with the license renewal procedures due to activation to military service may request a waiver for the 32 hours of continuing education required to renew or reinstate …
May 1, 2003
Windshields are the number one insurance claim in the United States. Thirty percent of auto insurance claims are windshields. Edge cracks account for approximately 70-80% of these windshield replacement claims. Edge cracks occur because the first two inches around the …
May 1, 2003
Dale L. Hart has joined Synaxis Group, assigned with the responsibility of assembling a suite of resources for small business and providing an efficient delivery system. This new “platform” will provide a range of financial products and services for an …
May 1, 2003
Washington taxpayers and the State Fund will get significant financial relief from the federal government in the event of an act of terrorism that results in catastrophic losses to the workers’ compensation system. The law requires that workers’ comp coverage …