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

SECURA Taps CEO Bykowski to Chair Board

Appleton, Wis.-based mutual SECURA Insurance announced that its board of directors voted John Bykowski its new chairman. Bykowski brings more than 30 years of property/casualty industry experience to SECURA. He has served on National Association of Independent Insurers’ Executive Marketing …

Industry Marketing Trade Group Membership on the Rise

The Insurance Marketing Communications Association (IMCA) has reported a 16 percent increase in new company members and 18 percent increase in associate members since Sept. 2003. “This is a positive and significant trend, considering that the uncertain business environment of …

NIA Group Exceeds Expectations in 2003

While 2003 was another challenging year for nonprofits in terms of funding cuts, the NIA Group served the sector well by holding a steady course during a period of continued instability in the insurance marketplace. The Nonprofits’ Insurance Alliance of …

Zenith Announces First Quarter Results

Woodland Hills, Calif.-based Zenith National Insurance Corp. reported net income of $25.1 million for the first quarter of 2004 compared to net income of $11.7 million for the first quarter of 2003. Diluted net income per share was $1.09 for …

Trident, Millennium Form Partnership to Insure Utilities

Trident Insurance Services LLC, a wholly owned subsidiary of San Antonio-based Argonaut Group Inc., announced the creation of a property and casualty insurance program designed specifically for public water and sewer utilities. Trident will partner with Millennium Insurance Group, a …

IVANS Updates Expansion with State DMV Offices

IVANS Inc. announced the expansion of its state department of motor vehicle reporting services to include the submission of SR22/26 filings in Arizona and support for South Carolina’s recently announced mandatory automobile liability insurance reporting program. IVANS completed its first …

SB 1315 Would Limit Consumer Choice, Violate California Constitution

The Association of California Insurance Companies (ACIC) is opposed to pending legislation, SB 1315, which would limit consumer choice on fire insurance policies and violate the California Constitution’s contract provisions. The legislation, which will be considered April 29 by the …

Montana Workers’ Compensation State Fund Adopts MDA Guidelines

Reed Group announced that Montana State Fund (MSF) has adopted “The Medical Disability Advisor” (MDA), for use in their claims management processes. The MSF’s medical and non-medical staff will use the MDA guidelines to support their decision-making process in the …

Manulife and John Hancock Complete Merger

Manulife Financial Corporation in Toronto and John Hancock Financial Services, Inc.,in Boston, along with its its Canadian subsidiary, The Maritime Life Assurance Company, today completed their merger after receiving all necessary regulatory approvals. John Hancock is now a subsidiary of …

California Commissioner Launches Team to Investigate Wildfire Insurance

A team of attorneys and consumer advocates will be in place by week’s end to investigate complaints by hundreds of victims of last fall’s Southern California wildfires that their insurance companies underestimated repair costs or haven’t provided timely payments. State …