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

Former N.J. Company Employee Ordered to Pay $4,000 to Employer

New Jersey Attorney General Peter Harvey announced that a former employee of a Hudson County insurance agency has been ordered to pay nearly $4,000 in restitution after reportedly admitting to concocting a scheme to issue fraudulent insurance claim checks while …

ILCA Elects Executive Committee for 2003-2004

The Insurance Loss Control Association (ILCA) recently met for their annual conference and elections in Columbus, Ohio. Incoming Executive Committee Members are as follows; Bruce Ayrton of Bruce E. Ayrton, Inc has been elected president; Brock Bell of Brotherhood Mutual …

AIG Private Client Group Unveils Collector Car Insurance

AIG Private Client Group, a division of the property and casualty insurance subsidiaries of American International Group, Inc. (AIG), announced the launch of the AIG Private Client Group Auto Program, a new insurance offering designed specifically for owners of collector …

ACE Risk Management Appoints Apriceno as Senior VP and Director of Field Operations

ACE Risk Management (ARM), a division of ACE USA, announced the appointment of Tony Apriceno as senior vice president and director of Field Operations. Apriceno will have overall responsibility for overseeing the Central and Western regions of the country, serving …

A.M. Best Affirms National Indemnity Group

A.M. Best Co. has affirmed the financial strength rating of “A++” (superior) of National Indemnity Group, a subsidiary of Omaha, Neb.-based Berkshire Hathaway Inc. The rating applies to National Indemnity Company and its eight affiliated non-life and life insurance companies …

Fla. Business Owner Charged with Fraud

The owner of a Tallahassee, Florida pool construction business has been charged with workers’ compensation fraud and uttering a forged instrument. Wilbur Sellars, owner of Pro Pools Inc., surrendered last Thursday to the charges and was arrested by investigators with …

TDI Denies Rate Increase Request by Med-Mal Provider

Texas Department of Insurance (TDI) Commissioner Jose Montemayor has rejected rate hikes requested by the Texas Medical Liability Insurance Underwriting Association, also known as the Joint Underwriting Association (JUA). According to the Texas Department of Insurance, the JUA had filed …

Georgiou Sworn in as TSLA President

The Texas Surplus Lines Association Inc. announced its slate of officers and directors for 2004 at the group’s forty-seventh annual meeting, held November 17, 2003 at the Four Seasons Hotel in Austin, Texas. The new officers include: • President – …

TDI Denies Rate Increase Request by Med-Mal Provider

Texas Department of Insurance (TDI) Commissioner Jose Montemayor has rejected rate hikes requested by the Texas Medical Liability Insurance Underwriting Association, also known as the Joint Underwriting Association (JUA). According to the Texas Department of Insurance, the JUA had filed …

Mullis Newby Hurst Adds Financial Advisor Services

Mullis Newby Hurst LP (www.mnhins.com), a Dallas-base provider of construction surety bonds, announced it has entered into an agreement with financial adviser Kirk G. Quaschnick, to provide services to its construction industry clients. Quaschnick will provide life insurance, disability insurance …