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

Mock Trial Addresses Electronic Signatures

The use of electronic signatures and electronic records to conduct all types of transactions is rapidly taking hold in the United States, as well as the global, economy. As the number of e-transactions increases, the potential for disputes involving electronic …

SFHHA President Responds to ‘Frivolous Lawsuit’ Initiative, Claims It Distracts from Mission

Linda Quick, president of the South Florida Hospital & Healthcare Association (SFHHA), offered a response on Friday regarding Consejo de Latinos Unidos’ ‘Frivolous Lawsuit’ Initiative; ‘Relevant Questions Remain Unanswered’ “It is a shame K.B. Forbes, leader of Consejo de Latinos …

Fireman’s Fund Responds to Alleged Lawsuit

Fireman’s Fund Insurance Company has issued the following statement regarding a lawsuit allegedly filed April 29 in Los Angeles Superior Court by plaintiff Allen Estin against 14 insurance companies, including Fireman’s Fund, concerning their purported refusal to sell life insurance …

WCIRB Testifies at CDI Public Hearing

On April 29, the WCIRB testified at a California Department of Insurance (CDI) public hearing called to assess the impact of the recently-enacted Senate Bill 899 (SB 899) on advisory pure premium rates effective July 1, 2004. In their testimony, …

Harleysville CEO Encouraged by Q1 Results

Harleysville Group Inc. (NASDAQ:HGIC) in Pennsylvania reported diluted net income of $0.55 per share in the first quarter of 2004. The company had a diluted net loss of $0.11 per share in the first quarter of 2003. Realized investment gains …

R.I. Senate Votes to Close Drunk Driving Loophole

The Rhode Island Senate has unanimously passed a bill to hold drunk drivers accountable for injuruies and deaths they cause. Under the legislation, DNA laced blood, fluids and body tissue could be taken from suspects who refuse a breathalyzer test …

Supt. Serio to Join CEOs on IIABNY Panel May 6

The Independent Insurance Agents & Brokers of New York Inc. will sharpen its focus on the future of the insurance industry May 6 when it hosts a CEO Roundtable at the association’s 2004 Local Association Leadership Conference and Annual Business …

Lancer’s Delaney, ELANY’s Maher Honored by PIANY

With more than 400 industry professionals on hand, the Professional Insurance Agents of New York State Inc.’s Long Island Regional Awareness Program brought out veterans and newcomers alike for education sessions, marketing venues and more. Attendees heard a keynote address …

Alliant Acquires Gaddy Ward in Calif.

Alliant Resources Group, Inc., of Stamford, Conn., one of the largest U.S. insurance brokerage and financial services distribution companies, has acquired California-based Gaddy Ward & Company Insurance Brokers. Gaddy Ward will become part of Alliant’s largest subsidiary, Driver Alliant Insurance …

S&P Assigns Ratings to Arch Capital Debt

Standard & Poor’s Ratings Services announced that it has assigned its “BBB-” senior debt rating to Arch Capital Group Ltd.’s $300 million 30-year senior debt issue announced on April 27. (See IJ Website April 28) S&P also said it has …