Dr. Robert Hartwig, senior vice president and chief economist for the Insurance Information Institute, will be the featured presenter at a Southwestern Insurance Information Service Continuing Education Seminar, March 17, 2004, at the Westin Park Central Hotel in Dallas, Texas. …
Four grand jury indictments unsealed by the Oklahoma County District Court on Feb. 17 accuse Oklahoma Insurance Commissioner Carroll Fisher mishandling continuing education funds and operating his charity illegally, according to The Oklahoman. Opal Ellis, his special assistant, reportedly has …
The Professional Insurance Agents of New Jersey Inc. announced that it has packed the two days of its 5th annual March CE Madness program “with comprehensive continuing education programs that cover a wide range of topics, relevant to today’s insurance …
Philadelphia-based PMA Capital Corporation announced that Peter S. Burgess, Richard Lutenski and Vincent T. Donnelly have been elected as directors of the Company. It also noted that Paul I. Detwiler, Jr. and Louis N. McCarter III have chosen to retire …
The New York State Department of Insurance announced that its on line license renewal application forms for Individual/TBA Property & Casualty agents is fully operative. Agents may now renew their 2004- 2006 licenses online. “Please be sure to read the …
Harleysville Group Inc. reported a diluted net loss of $0.66 per share in the fourth quarter of 2003, reflecting the previously announced loss reserve increases in several business lines for prior accident years (See IJ Web site Feb. 12). The …
A.M. Best Co. issued a brief comment on the earnings announcement from the Swiss-based Converium Group (See IJ Web site Feb.17), indicating that the “consolidated 2003 year-end financial performance of Converium Group falls within expectations.” Best added that “The financial …
Bermuda-based Arch Capital Group Ltd. reported that its net income for the 2003 fourth quarter was $83.7 million, or $1.22 per share, compared to $43.5 million, or $0.65 per share, for the 2002 fourth quarter. Net income for the year …
Holland’s ING Group announced that it will reorganize its insurance activities in Argentina, effectively leaving the market with the resulting loss of 650 jobs. A company announcement said it had made the decision “after careful deliberation and assessment of the …
Attorney General Brian Sandoval announced that Tye Fortuna, 31 of Big Fork, Montana was sentenced recently by Judge Michael R. Griffin in the Carson City District Courthouse after pleading guilty to felony insurance fraud. Tye Fortuna previously was a Carson …
