August 28, 2003
CIS, Inc. announces entry into S.C. non-standard auto market Jess Chappell, President and CEO of Savannah, GA based CIS, Inc., announced that CIS will enter into the South Carolina non-standard auto market by taking over the administration of an already …
August 28, 2003
James “Jim” Caldwell McFadden, an insurance industry veteran, died Tuesday, Aug. 26 in his sleep. Survivors include his son, James C. McFadden Jr., and daughter Nicole McFadden of Half Moon Bay, Calif. His loyal companion Buddy, a Boston terrier, also …
August 28, 2003
Another chapter has opened in the long running saga concerning the involvement of French Bank Credit Lyonnais (CL) in the bail out of California insurer Executive Life with the announcement by federal prosecutors in Los Angeles that a grand jury …
August 28, 2003
The California Insurance Wholesalers’ Association (CIWA) is inviting attendees to a continental breakfast and a briefing on the California Regulatory, Legislative and Political Environment and Issues facing the California Insurance Wholesale Industry during the NAPSLO Conference in San Diego, Thursday, …
August 28, 2003
An 11-year veteran with the Sebastian, Fla., Police Department was arrested for allegedly lying about accepting additional employment while collecting workers’ compensation benefits due to on-the-job injuries. Investigators with the Department of Financial Services, Division of Insurance Fraud, charged Joseph …
August 28, 2003
At its August 26 annual meeting the Professional Insurance Agents of New Hampshire Inc. announced that it has elected the following persons as its officers for 2003-2004: — Jeffrey Foy of East Kingston will serve as president. He is COO …
August 28, 2003
Veterinary Pet Insurance, based in Brea CA, announced that two new insurance plans are now available to “help New York pet owners with the ever-increasing costs of veterinary care.” “The VPI Superior Plan increases the benefits and coverage for many …
August 28, 2003
New York’s Superintendent of Insurance, Gregory V. Serio, announced the arrests of Dorothy Johnson and Twila McKee, both of Milwaukee, Wisconsin, on charges of insurance fraud and attempted theft by fraud for submitting fraudulent claims to two life insurance companies …
August 28, 2003
Bermuda’s Endurance Specialty Holdings Ltd. announced the appointment of John T. Baily, former head of Swiss Re Capital Partners, from 1999 to 2002, to its Board of Directors. Prior to joining Swiss Re, Baily was a partner at PricewaterhouseCoopers (and …
August 28, 2003
Standard & Poor’s Ratings Services issued a bulletin noting that Australia and New Zealand’s Promina Group Ltd.’s reported half-year profits of A$135 million ($U.S.$87 million) after tax, indicating that the results were “broadly in line with Standard & Poor’s expectations …