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

Arrest Made in Connection with Fla. August Home Fire

Florida State Fire Marshal and insurance fraud investigators with the Department of Financial Services have arrested a local homeowner for allegedly burning her home to collect insurance proceeds. Investigators said Gari Ann Lowery-Helton, 37, formerly of Cantonment, committed arson, setting …

NIPR Notes Price Reductions for 2004

The Board of Directors of the National Insurance Producer Registry (NIPR) announced a 10 percent reduction in prices on all NIPR products effective Jan. 1, 2004, bringing unexpected savings to insurers, producers and brokers across the country. NIPR, a non-profit …

Jan. TDI Hearings Include Credit Score, TWIA

The Texas Department of Insurance has scheduled hearings in January concerning two issues affecting the property/casualty insurance industry: use of credit scores in establishing rates for personal lines insurance and rules regarding reinsurance for Texas Windstorm Insurance Association policyholders. On …

NAPSLO Mid-Year Set for Scottsdale

The 2004 NAPSLO Mid-Year Educational Workshop is set for Feb. 5-8 at the Marriott Camelback Inn Resort in Scottsdale, Ariz. Workshop programs include an examination of Errors & Omissions coverage, a current review of the globalization of the industry, and …

SBAC Notes Major Calif. Workers’ Comp Initiative

In a move to combat California’s out-of-control workers compensation system, the Small Business Action Committee (SBAC) announced that it has filed an initiative to reportedly reduce the cost of the system by as much as $10 billion. Titled “The Workers …

Terrorist Threats Disrupt Holiday Flights

The elevated terrorist threat levels decreed by the Homeland Security Department and the U.S. Transportation Security Administration, coupled with repeated warnings from the FBI, combined to disrupt trans-Atlantic air traffic over the holidays. A pre-Christmas alert resulted in the cancellation …

S&P Lowers Harleysville Group Ratings to ‘BBB-‘

Standard & Poor’s Ratings Services has lowered its counterparty credit and senior debt ratings on Harleysville Group Inc. to “BBB-” from ‘BBB’. It has also removed the ratings from CreditWatch, where they had been placed on Oct. 17, 2003, and …

WTC Judge to Litigants: ‘Lower the Tide of Bile’

U.S. District Judge Michael B. Mukasey has reportedly had enough of the internal and external sniping between Swiss Re and other insurers and Silverstein Properties in the dispute over the recovery for destruction of the Twin Towers. According to an …

Miss. District Receives Fire Protection Upgrade

Mississippi Insurance Commissioner George Dale announced that the Mississippi State Rating Bureau has upgraded the public fire protection facilities of the East Hancock Fire Protection District in Hancock County. The fire prevention and protection facilities of the East Hancock Fire …

Ebix.com Inc. Switches Name to Ebix, Inc.

Atlanta-based Ebix, an international supplier of software and e-commerce solutions to the insurance industry, has changed its name to Ebix, Inc. from ebix.com, Inc. effective immediately. To mark the event, the company also announced a new logo that can be …