Monthly Archives: <span>July 2003</span>

FARA Promotes Christine Winn to Marketing Manager

Mandeville, La.-based FARA announced the promotion of Christine Winn to marketing manager. In her new position, Winn is responsible for FARA’s overall corporate marketing function, including all branding initiatives and corporate communications. “Christine’s enthusiasm and fresh ideas have helped propel …

CIC, CISR Scholarships Awarded at NAIW Convention

Austin, Texas-based the Societies of Certified Insurance Counselors and Certified Insurance Service Representatives announced the presentation of 23 scholarships at the 62nd Annual Convention of the National Association of Insurance Women held in Nashville, Tenn. Each scholarship grants full tuition …

Fla. Governor Signs Law Limiting Use of Credit Reports

Florida’s Chief Financial Officer Tom Gallagher announced that a new law has hit the books that will limit the use of credit reports and credit scores by insurance companies that sell homeowners and auto insurance. Senate Bill 40-A, signed into …

Ken. Halts Sale of Unauthorized Med-Mal Insurance

The Kentucky Department of Insurance announced it has obtained a temporary restraining order against two entities that are alleged to have been marketing professional liability coverage to Kentucky physicians and medical facilities without proper authorization. Judge William Graham of the …

Best Affirms Alea Group Subsidiaries ‘A-‘ Rating

A.M. Best Co. announced that it has affirmed the financial strength rating of A- (Excellent) of the insurance and reinsurance operating subsidiaries of the Alea Group Holdings (Bermuda) Ltd. The rating applies to: Alea London Limited, Alea (Bermuda) Ltd., Alea …

Engle Martins’ Reagan Elected President of IWD

The Insurance Women of Dallas Inc. announced that Lynn Reagan with Engle Martin & Associates was elected president of the association for 2003-2004. Reagan has been in the insurance industry since 1990. Also elected were: Cathy Watson, Watson Claims Service—vice …

Honda Set to Stop N.Y. Auto Leasing Due to Liability

The U.S.-based financing company for Japan’s Honda Motors is reportedly set to end automobile leases in New York at the end of the month due to the State’s third-party liability laws. NY law considers lessors as owners of the vehicles …

N.J. Legislature Far Apart on Med-Mal Reforms

While New Jersey legislators managed to agree on an auto insurance reform package this session, they seem to be as far apart as ever on the adoption of reforms aimed at solving what the state’s doctors and health workers have …

First Niagara Risk Management Acquires Two Rochester Agencies

First Niagara Risk Management, Inc., the wholly-owned insurance subsidiary of First Niagara Bank and its parent, First Niagara Financial Group, Inc., announced that it has reached agreements to acquire two Rochester-based insurance agencies, Costello, Dreher, Kaiser Insurance Agency and Loomis …

Alliance, AIA Commend Md. DOI on Mold Regs Rollback

Maryland’s recently appointed Insurance Commissioner, Al Redmer, won praise from both the Alliance of American Insurers and the American Insurance Association for his recent action in rescinding a previous order, signed by his predecessor last November, which had ordered insurers …