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

CPCU Society Offers Leadership Development Courses at Florida Leadership Summit

The CPCU Society will conduct ten National Leadership Institute (NLI) courses, April 22-23, during its Leadership Summit in Tampa, Florida. The Spring 2004 NLI is an opportunity for industry professionals to sharpen their leadership skills or learn new ones. Both …

InVest Names Four New Board Members

InVEST, an educational program that aims to strengthen the insurance industry by attracting a large pool of qualified insurance recruits, recently added four members to its board of directors. “We’ve been fortunate in the sense that our board members always …

AICPCU Ethics Workshop Materials Available Online

Don’t forget … March is Ethics Awareness Month (EAM) and the American Institute for CPCU has developed a PowerPoint presentation to complement its “Street-Level Ethics” workshop. The PowerPoint presentation expands the workshop materials, which the American Institute introduced last March …

Fla. Agent Charged with Selling Phony Bonds

A Florida insurance agent is facing up to 75 years in prison on charges that she sold phony performance bonds and misappropriated more than $150,000 in insurance premiums from at least a dozen construction companies. Jody Young, 42, owner of …

S.C. Plan to Raid Second Injury Fund Could Leave Insurers with More Assessments

The South Carolina House Ways and Means Committee has approved a budget proviso to eliminate the state’s Second Injury Fund (SIF) and appropriate $40 million of the monies remaining in the fund to the state’s general budget. “Although we support …

Fitch Affirms Zenith National’s IFS & Debt Ratings

Fitch Ratings has affirmed the ‘A-‘ insurer financial strength ratings of Zenith National Insurance Corp.’s (Zenith National) three insurance subsidiaries, Zenith Insurance Company (Zenith Insurance), ZNAT Insurance Company and Zenith Star Insurance Company. Fitch has also affirmed Zenith National’s long-term …

Cunningham Lindsey approved by CNA for claims handling

Cunningham Lindsey US, Inc., a subsidiary of Lindsey Morden Group, Inc., has recently been accepted by CNA as an approved Independent Adjusting Company to assist them with their outside claims handling needs in the United States. Cunningham Lindsey will provide …

IIABNY Retains 95% of Members

The Independent Insurance Agents & Brokers of New York, Inc. reported that it has retained 95 percent of its membership. The organization represents more than 1,400 independent agencies and brokerages, with more than 1,900 offices across the state. “Member benefits …

SIAA Notes Purchase of N.Y. Agency by Treiber Group

The Strategic Independent Agents Alliance, the largest network of partnering independent insurance agencies in the U.S., announced that The Treiber Group, LLC of Garden City, N.Y. has purchased Insurance Agents Alliance of Long Island, the SIAA Master Agency covering Nassau, …

Everest Re Group Announces Dividend

Everest Re Group Ltd. announced that its Board of Directors declared a dividend of $0.10 per share payable on or before March 19, 2004 to all shareholders of record as of March 1, 2004. Everest Re Group Ltd. is a …