July 10, 2003
The Professional Insurance Agents of Connecticut Inc. announced that it will host its annual Education Expo on Tuesday Sept. 23 between 9:00 a.m. and 8:30 p.m. at the Ramada Inn in Plainville Connecticut. It described the conference as “an opportunity …
July 10, 2003
A.M. Best Co. announced that it has assigned an “a-” senior debt rating to the Pennsylvania-based Harleysville Group Inc.’s (HGIC) $100 million of 5.75% 10-year senior unsecured notes due July 2013. It also affirmed the current “a-” debt rating on …
July 10, 2003
New Hampshire and Iowa traditionally hold the earliest primary elections of the presidential campaign, and doctors associations in the two states are planning to take advantage of the fact to promote medical malpractice reforms, by urging 2004 presidential candidates to …
July 10, 2003
The Insurance Bureau of Canada announced that it has entered into an agreement with Crawford Adjusters Canada to exchange claims data in a common format to combat fraud. “Insurance fraud costs Canadians $1.3 billion [U.S. $ $952 million] per year,” …
July 10, 2003
The National Hurricane Center in Miami continued its “Tropical Storm Warning,” as “Claudette,” the third named Atlantic storm of the season continues to move west through the Gulf of Mexico towards the Yucatan Peninsula. The NHC said a “Tropical Storm …
July 10, 2003
California Insurance Commissioner John Garamendi commended lawmakers July 9 for moving workers’ compensation bills into a Legislative Conference Committee, and consequently moving the reform of the system closer to passage. The Senate Labor and Industrial Relations Committee and the Assembly …
July 10, 2003
California Senate Bill 691 failed to pass the state Assembly Insurance Committee July 9, legislation that would have banned the use of credit-based insurance scores for underwriting and rating homeowners insurance. Insurers can continue to rely on insurance scores-a valid …
July 10, 2003
Larger privately held companies can now purchase ForeFront Portfolio and Power Source, executive protection insurance coverages underwritten by the Chubb Group of Insurance Companies. Chubb has expanded the account eligibility for these products to include privately held companies with up …
July 10, 2003
Farmington Hills, Mich.-based Amerisure Mutual Insurance Co. has promoted John Linxwiler to core service center manager for the St. Louis office, effective immediately. Linxwiler joined Amerisure, which specializes in serving manufacturing, contracting and commercial enterprises, in 1987 as a management …
July 10, 2003
The Professional Independent Insurance Agents of Illinois (PIIAI) applauds Gov. Rod Blagojevich’s decision to sign HB 1640, the Use of Credit Information in Personal Insurance Act. The bill establishes limitations on how companies use credit in underwriting and rating personal …