January 12, 2004
Missouri’s House Bill 600 has taken effect, requiring persons with professional licenses to file and pay their state taxes or face license revocation. Affected under the legislation are Missouri Department of Insurance licenses to more than 100,000 insurance producers and …
January 12, 2004
The efforts of Miami-based American Bankers Insurance Group to affect the outcome of Minnesota’s 2002 elections is being investigated in two different counties in the state, according to the Associated Press. American Bankers, now part of the Assurant Group, which …
January 12, 2004
Insurance industry interests contributed nearly $200,000 to the campaign of Ohio Supreme Court Justine Maureen O’Connor. Ohio’s top court, with O’Connor’s help, recently overturned a previous ruling of its own, the Scott-Pontzer v. Liberty Mutual decision, which had extended commercial …
January 12, 2004
A Missouri court has ruled against the Missouri Department of Insurance, enjoining the department from enforcing rules requiring workers’ compensation insurers to pay for managed care organizations’ services, even if the insurers had no contract with the MCO. In Alliance …
January 12, 2004
The governing boards of two of the nation’s largest property/casualty trade groups have agreed to a merger that would have more than 1,000 members and represent 40 percent of the P/C marketplace. The National Association of Independent Insurers and the …
January 12, 2004
When he was finally appointed Illinois’ new insurance director two months into a new governor’s term last March, J. Anthony Clark was put in an untenable position. He had been interviewing for a job in Democratic Gov. Rod Blagojevich’s administration …
January 12, 2004
When I was 14, my father did just about the worst thing a parent can do to a child. It was the kind of thing folks talk about in psychoanalytic therapy sessions or on Oprah. That’s right — my dad …
January 12, 2004
Never before in the history of the Liability Risk Retention Act (LRRA) have so many risk retention groups (RRGs) formed in any one year. From January to December, 58 RRGs formed and seven RRGs retired, bringing the total number of …
January 12, 2004
Whether you are an avid skier, or just a beginner, you might be interested in hitting the slopes this winter while learning valuable tips to take your agency to a new level in 2004. Peak Performance Insurance Ski Conference, Jan. …
January 12, 2004
Standard & Poor’s Ratings Services affirmed its “BBB-” counterparty credit and senior debt ratings on White Mountains Insurance Group Ltd. and its “A-” counterparty credit and financial strength ratings on Folksamerica Reinsurance Co. (Folksamerica) following WTM’s announcement that it plans …