Monthly Archives: <span>January 2004</span>

Brown & Brown Notes Record Levels in 2003 Results

Florida-based Brown & Brown, Inc. announced record earnings for 2003, the 11th consecutive year the company has hit record highs in both revenues and income. Net income for 2003 rose to $110,322,000, or $1.60 per share, an increase of 32.7 …

ATRA to Kick Off Texas “Judicial Hellhole” Campaign

The American Tort Reform Association (ATRA) announced it is launching a campaign this week against judicial districts in Texas that have gone askew. The campaign kicks off Jan. 22, 2004 in Jefferson County, Texas, which was identified in ATRA’s “Judicial …

Palmer & Cay Celebrates First Year in Houston

Palmer & Cay, a benefits consulting firm based in Savannah, Ga., marks its one year anniversary in the Houston market this month. The firm, which opened its doors in January 2003 with seven Houston-area benefits consulting professionals, said in an …

IRC Study Reports Skyrocketing Auto Injury Losses Despite Drop in Serious Injuries

A new study by the Insurance Research Council (IRC) reportedly finds that reported losses in auto injury claims are escalating in spite of the fact that the rate of serious auto injuries has decreased. In the past five years, increases …

NYS Senate to Hold Auto Fraud Hearing

The New York State Senate Insurance Committee plans to hold a hearing Feb. 9 on New York’s auto insurance fraud problem. Fraud investigators and the insurance department are expected to testify on how staged accidents are spreading around the state. …

PIANY Honors Faina Aynbinder, Nicole DeVito

The Professional Insurance Agents of New York State Inc. announced that Faina Aynbinder will receive its Bernard I. Kozel Memorial Scholarship award and Nicole DeVito will receive its Arthur I. Moll Memorial Scholarship award. The awards will be presented at …

Esurance Announces New N.Y. Auto Coverage

Esurance Inc., a direct-to-consumer personal auto insurance company, will give New York drivers another option to consider when shopping for auto insurance. The company, a subsidiary of White Mountains Insurance Group, Ltd., recently announced the launch of its new auto …

PIANJ Supports DOBI Proposal on Producer Representation

The Professional Insurance Agents of New Jersey Inc. issued a statement supporting the Department of Banking and Insurance (DOBI) on its proposed new rules regarding increasing the number of licensed producers on the Personal Automobile Insurance Plan and the Commercial …

A.M. Best Adds N.H. to State Rate Filings

A.M. Best announced that Best’s State Rate Filings now includes New Hampshire on its roster of available states. “The publication, which provides coverage of activities in the U.S. representing 90 percent of the property/casualty premiums written each year, provides insurance …

Pa. Stresses Importance of ‘Get Smart About Insurance Week’

The Pennsylvania Insurance Department and the National Association of Insurance Commissioners are teaming up to encourage consumers to get smart about their insurance coverage during the third annual “Get Smart About Insurance Week,” which starts today and continues until Jan. …