April 2, 2004
On April 1, 2004, in anticipation of enactment of workers’ compensation reform legislation in the near future, the California insurance commissioner issued a Notice of Proposed Action and Notice of Public Hearing, according to the WCIRB. The public hearing will …
April 2, 2004
The International Commission on Holocaust Era Insurance Claims (ICHEIC) will begin mailing out $16 million in humanitarian payments to Holocaust survivors and their heirs. The payments are being made to those who believe they had an insurance policy in force …
April 2, 2004
ACE Risk Management (ARM), a division of ACE USA, announced the appointment of Keith Mattheessen as senior vice president and Houston Branch manager. Mattheessen will have overall responsibility for overseeing Houston branch operations, serving large account customers for ACE Risk …
April 2, 2004
Delaware Insurance Commissioner Donna Lee Williams announced the totals of this year’s State financial support of Delaware fire companies. The State’s disbursements come from taxes paid by insurers based on property insurance premiums written during the calendar year 2003. This …
April 2, 2004
The current medical malpractice crisis did not happen overnight and is not going to resolve itself without bringing predictability and stability into the system. This was the message delivered by a panel of experts at the annual Ratemaking Seminar of …
April 2, 2004
The California Insurance Wholesalers Association (CIWA), an industry group of wholesale insurance brokerage operations, has endorsed the Civil Justice Association of California’s Ballot Initiative to Reform California’s Unfair Competition Law. “Many CIWA members specialize in providing insurance coverage for small …
April 2, 2004
Safeco auto insurance customers who were injured by uninsured or underinsured motorists or who filed medical claims during the last eight years may be able to collect additional compensation under a court settlement reached this week. Tens of thousands of …
April 2, 2004
The Georgia Senate on Thursday passed and sent to the governor legislation eliminating the reported outdated and costly state-sponsored workers’ compensation Subsequent Injury Trust Fund (SITF). H.B. 1579, introduced at the request of the American Insurance Association (AIA), reportedly represents …
April 2, 2004
A Boca Raton, Florida man has lost his license to sell insurance after being charged with compromising the health insurance of four children. On March 12, the Department of Financial Services filed an administrative complaint against Giovanni Abayan Ouano, 39. …
April 2, 2004
Community First Bankshares Inc. has acquired Englewood, Colo.-based Shepherd Insurance Agency through its affiliate, Community First Insurance Inc. Community First also has acquired an insurance book of business from Western Insurance Agency of Cody, Wyo., in an unrelated transaction. In …