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

Three New Wholesale Brokerages Join IMK Environmental Insurance Network

IMK Services announced that three new wholesale brokerages have joined the IMK Environmental Insurance Network The new members of the include: · Agency Intermediaries Inc. · Jimcor Agencies Inc. · Travis-Pedersen and Associates Inc. Agents can use the IMK Environmental …

Insurer Group Voices Concerns Again Over Proposed Changes to Market Conduct Suveillance Act

The Property Casualty Insurers Association of America (PCI) again raised its concerns to the National Association of Insurance Commissioners’ (NAIC) Market Conduct Committee regarding their proposed changes to the National Conference of Insurance Legislators’ (NCOIL) Market Conduct Surveillance Model Act …

GOP Introduces Asbestos Litigation Reform in U.S. Senate

Asbestos litigation reform legislation introduced Wednesday by Senate Majority Leader Bill Frist (R-Tenn.) and Senate Judiciary Committee Chairman Orrin Hatch (R-Utah) represents a significant step forward in the effort to address the concerns of victims as well as the business …

CIAB Proceeds to Dismiss W. Virginia Lawsuit Following State Overturn of Counter-Signature Statute

The Council of Insurance Agents & Brokers (CIAB) reported it will dismiss its federal lawsuit challenging West Virginia’s counter-signature requirements for out-of-state insurance brokers because the state has moved to overturn that statute. Ken Crerar, president of The Council, praised …

Pecoraro Arrested in London; Faces Trial in New Orleans

Arrested in London late last year after more than a decade as a fugitive, Nofio Pecoraro Jr., 53, has been extradited to face trial on federal charges connected to his family’s failed insurance company. According to the Associated Press, Pecoraro …

Pickens to Work on Iraq Insurance System

Arkansas Insurance Commissioner Mike Pickens will spend the next two months in Iraq helping that country’s new leaders establish an insurance system, the Associated Press reported. Pickens, who has also helped officials in Egypt, China, Vietnam and India restructure their …

Safeco Launches New Online Sales Platform

Safeco has launched Safeco Now for P/C insurance. Safeco Now is an online sales platform that integrates personal and small-commercial insurance products, reportedly saving independent distributors time and driving increased cross-selling opportunities. Safeco Now is a new streamlined Web site …

Doze Construction Ordered to Pay $17K to Texas Mutual

Texas Mutual Insurance Company reported that Doze Construction Co. Inc. of Gun Barrel City, Texas, has pleaded guilty to workers’ compensation fraud-related charges. Judge Julie Kocurek of the 390th Travis County District Court ordered the company to pay a $100 …

AIIA Breaks Ground for New Facility

Earlier this week, the Alabama Independent Insurance Agents (AIIA) Association volunteer leaders, past presidents and staff gathered at the new building property on London Parkway at Lakeshore Crossings to break ground on the future of their 108- year-old tradition. More …

Afni Insurance Services Unveils CSR24 Customer Service Intranet

idNET, dba Afni Insurance Services has launched a customer service intranet for its CSR24 customers. The intranet creates 24/7 access to valuable materials, content and documentation, as well as provides powerful communication tools to enhance the CSR24 user experience. On …