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

Mass. Commissioner Orders High Risk Pool Changes Within 30 Days; Governor Names Reform Task Force

Just hours after Massachusetts Insurance Commissioner Julianne Bowler formally called upon the industry to come up with a plan to change the way private passenger auto high risks are handled, officials of Commonwealth Auto Reinsurers (CAR), the organization that oversees …

California DOI Improves Efforts to Combat Workers’ Compensation Fraud

Since taking office in January, 2003, Insurance Commissioner John Garamendi has worked vigorously to spur reform of the state’s broken workers’ compensation system. A top priority has been the effort to fight fraud and abuse in conjunction with local law …

CIS Notes Successful Installation of AIM Management System for Continental Special Risks

Custom Insurance Solutions (CIS) announced a successful installation of their Agency Information Manager (AIM) software at Continental Special Risks (CSR), located in Roswell, Ga. The full service, excess and surplus lines agency went “live” on April 1, 2004. Bob Schacher, …

Oklahoma Hailstorms Rack Up $75 Million in Damages

Hailstorms that hit central Oklahoma a week ago caused more than $75 million in damage, according to preliminary estimates released by the Oklahoma Insurance Department. The Associated Press reported that an estimate of $75 million to $100 million represents the …

DataPath to Serve as HSA Administrator for Arkansas

DataPath Inc., a Little Rock, Ark.-based provider of software solutions for employee benefits, announced it has been named as the Health Savings Account (HSA) Administrator for the State of Arkansas for the 2005 and 2006 benefit plan years. DataPath was …

Insurers Again Looking for Less Regulation in Louisiana

Four months after a new law gave insurance companies more freedom to raise their rates, insurance lobbyists were back before a House panel asking for even looser regulatory restraints. According to the Associated Press, regulation pushed by the American Insurance …

IIA San Antonio to Host Windstorm Workshop

The Independent Insurance Agents of San Antonio announced it will host a windstorm insurance underwriting workshop in conjunction with the Texas Windstorm Insurance Association. The workshop is scheduled for June 4, 2004, from 8 a.m. to 12 noon. It will …

Philadelphia Insurance Agents Get Real Time Commercial Auto Services

Philadelphia Insurance Companies (NASDAQ: PHLY) has launched AutoIDweb, a new service on its AccessPHLY Agent Web Portal that provides agents access to their commercial auto policies with the ability to add/delete vehicles and print compliant Auto ID Cards in real-time. …

Barney & Barney Hires Three New Principals

San Diego-based Barney & Barney recently announced that Bill Brennan, Mark Nash and Travis Trask have been hired as principals of the brokerage firm. Brennan began his career with Barney & Barney in 1996. Since then, he has focused his …

IIANC Ships Goods to Troops in Iraq

The Independent Insurance Agents of North Carolina (IIANC) along with independent agencies and companies around the state have begun a campaign to send supplies to our troops in Iraq. To date more than 50 boxes have been shipped to service …