June 27, 2003
The Florida Department of Financial Services reported that it is seeking to revoke or suspend the licenses of two Orlando-area insurance agents who allegedly marketed phony policies. Michael Edward Rock, 33, of 1650 Natchez Trace Blvd., Orlando, is accused of …
June 27, 2003
Insurance industry officials from around the country will meet July 17 in Austin to discuss insurance reform legislation passed during the 78th session of the Texas Legislature. According to the Insurance Council of Texas, three hundred industry representatives plan to …
June 27, 2003
San Rafael, Calif.-based Fair Isaac Corporation announced two new appointments to their executive staff. Cy King has been appointed vice president of Property and Casualty Predictive Analytic Solutions and Joel Portice has been named vice president of Healthcare Solutions. These …
June 27, 2003
A.M. Best has completed its evaluation of Los Angeles-based Topa Insurance Company and affirmed a rating of “A-” (Excellent) with a stable outlook. The rating is based on the consolidation of Topa Insurance Company and its wholly-owned, separately rated subsidiary, …
June 27, 2003
A.M. Best Co. has affirmed the financial strength rating of A+ (Superior) of ING Canada (Toronto). The group, which operates under a pooling arrangement, consists of Belair Insurance Company Inc., ING Insurance Company of Canada, ING Novex Insurance Company of …
June 27, 2003
The Hartford Financial Services Group has taken another step toward reducing duplicate entry for agents, introducing a bridge to enable users of Fiserv FSC’s WinFSC Comparative Rater to integrate their data directly to The Hartford’s Quote-to-Issue (QTI) Internet rating product. …
June 26, 2003
The Independent Insurance Agents of San Antonio announced it will hold a continuing education seminar, “Non-Profit Directors & Officers Liability” in conjunction with Victor O. Schinnerer & Company on July 31. The course will be held at the San Antonio …
June 26, 2003
Louisiana Commissioner of Insurance Robert Wooley announced that a Lafayette insurance agent was served a cease and desist order and his insurance license was suspended for allegedly misappropriating insurance premiums while selling bogus insurance coverage on Ultralight aircraft for an …
June 26, 2003
Allstate Insurance Company and Liberty Mutual Group announced they jointly filed a federal RICO lawsuit against a Kentucky doctor and owners of several medical clinics and billing companies in that state. The defendants in this case include, Dr. Olen Amerson …
June 26, 2003
The Professional Insurance Agents of Connecticut Inc. is calling for nominations for its 2003 Certified Insurance Counselor scholarship opportunities. Selected individuals will receive a $350 scholarship to one CIC institute. Only first-time CIC participants are eligible; the deadline for nominations …