The United States Census Bureau’s Census 2000 estimated the population of the State of Colorado at 4,301,261. Approximately 87 percent of the adult residents had graduated from high school and about 33 percent had earned a bachelor’s degree or higher. …
As Abbott and Costello famously observed, “Who’s on First?” A new report from independent insurance intermediary Benfield concludes that despite “ample capacity and signs of resurgent competition, the reinsurance market generally maintained underwriting discipline during the 2003-2004 renewal season.” On …
Two Southland men were sentenced to federal prison for their convictions on charges related to a scheme in which one embezzled money from his employer and funneled it to members of his softball team. Angel Uribe, 33, of Ontario, Calif., …
Nev. Attorney General Brian Sandoval announced that District Judge Donald M. Mosley sentenced Purificacion Lobitos, age 56, to a maximum term of 32 months with a minimum term of 12 months in the Nevada Department of Corrections, for one count …
Nuts & Bolts: Travelers Property Casualty Corp announced the availability of its new master policy to cover identity theft expenses. Financial institutions or other commercial businesses can purchase this policy on behalf of their account holders or customers, or for …
Nuts & Bolts: NIF Group Inc. is offering a new market for public entities including pools and trusts, special districts and schools. Dollars: Policy limits are available to $5 million. Deductibles: $100,000 SIR, $350,000 SIR for workers’ compensation. Minimum premium: …
Nuts & Bolts: Chubb/Axiom is offering a new market for specialty marine and pleasure crafts. Dollars: Deductibles of $1,000. Minimum premium, $2,500; policy limits, $10 million. Carrier: Chubb Insurance Company, rated “A++.” States Available: All. Contact: Scott Morgan, (949) 955-7105
Washington Governor Bill Owens appointed Doug Dean commissioner of Insurance in January 2003. As commissioner, Dean heads the Division of Insurance, which is one of eight divisions within the Department of Regulatory Agencies. The Division licenses approximately 2,200 foreign and …
California Insurance Commissioner John Garamendi announced a settlement in long running litigation between descendants of the victims of the Armenian Genocide and the New York Life Insurance Company. “During the late 1800s and early 1900s New York Life sold thousands …
Workers’ compensation and automobile insurance laws accounted for nearly 40 percent of the new property/casualty-related statutes enacted by state legislatures last year, according to the fifth annual analysis of trends in new state insurance legislation published by the National Association …
