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

COMP SEMINARS COMING UP:

“Texas Workers’ Compensation Insurance Issues,” will be the subject of two upcoming Public Policy Seminars sponsored by Southwestern Insurance Information Service. Each seminar will offer two hours of Texas Department of Insurance Continuing Education credit. The first event will be …

TCIF HEARS FRAUD EXPERTS:

Elliott Flood, vice president of special investigations for Texas Mutual Insurance Company, recently addressed the Texas Committee on Insurance Fraud (TCIF) on the topic of workers’ compensation fraud. He was one of several speakers who discussed various types of insurance …

FIRST ARSON HOTLINE REWARD:

A $500 reward has been given to a man who called the State Fire Marshal’s Office Arson Hotline to report a case of arson. The call led to the arrest and conviction of 26-year-old Laurie Granado of Austin on charges …

LOUISIANA AGENT ARRESTED:

A LaPlace, La. insurance agent was arrested and issued a Cease and Desist Order for allegedly misappropriating insurance funds, according to Louisiana Commissioner of Insurance Robert Wooley. Department of Insurance Fraud Unit investigators also served Christopher Anthony Poche, 30, with …

NO DISMISSAL IN HALLIBURTON CASE:

Halliburton announced that a judge in Pittsburgh, Penn. has ruled that insurers lack standing to bring motions seeking to dismiss the prepackaged reorganization cases filed by DII Industries, Kellogg Brown & Root (KBR) and various other subsidiaries of Halliburton. The …

Manning Riddell Sued Over Bogus E&O Coverage

Insurance Journal recently unveiled information regarding an ongoing investigation into Torrance, Calif.-based Manning Riddell Insurance Services Inc. (License #0827722). Manning Riddell allegedly issued more than 1,000 phony errors and omissions (E&O) policies for life insurance agents in some 30 states. …

A Trickle-Down Industry

Ah, the lives of the rich and famous. Well, the rich at least, the famous part carries a little too much baggage for my taste. Still, the very rich lead lives to which most of us would love to become …

Where are the Southeastern Commissioners on Rate Modernization’

For reasons that remain incomprehensible to me, some lawmakers tend to believe that they have a constitutional duty to meddle in rate filings. South Carolina Insurance Director Ernst Csiszar was the first to admit that he looked a little bedraggled …

Industry Must Sell More to Succeed, Stresses Willis’ Plumeri

Those who worry about outsiders taking over the insurance industry should be reassured when they witness not only Joseph Plumeri’s success but also his passion for the industry. Less than four years ago, Plumeri came to the industry from Citigroup …

The Bluegrass State – Home of Louisville Slugger, Abe Lincoln Birthplace

The United States Census Bureau’s 2000 census estimated the population of the State of Kentucky at 4 million. Approximately 74 percent of the adult residents had graduated from high school and about 17 percent had earned a bachelor’s degree or …