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

R.I. Launches Lead Paint Mitigation Campaign

Rhode Island Governor Donald L. Carcieri has unveiled a new media campaign aimed at lead paint mitigation. The Lead Hazard Mitigation Law, which takes effect July 1, requires that all owners of rental properties built before 1978 meet the following …

TurboRater for Windows Now Available in Virginia!!

Insurance Technologies Corporation (ITC) is pleased to announce they have released a Windows-based version of their comparative rating system, TurboRater, in the state of Virginia. The TurboRater system compares rates and checks underwriting guidelines for all nonstandard auto insurance companies …

Heritage General Agency Hires Mesa and Opens Northern California Office

Emily Lomax, senior vice president, division director of Heritage General Agency has selected Yvonne Mesa, y_mesa@heritagegeneral.com, to open HGA’s northern California office. Mesa comes aboard as assistant vice president and will head the team of professionals to be situated in …

Reynolds Joins Zenith National Insurance

Zenith National Insurance Corp. announced that Catherine B. Reynolds has been elected to its board of directors, increasing its board of directors to nine members. Reynolds is chairman and CEO of The Catherine B. Reynolds Foundation. She is also chairman …

Safety Committee Wins Ga. Gov.’s Safety Award

In May, Georgia’s Board of Workers’ Compensation Safety Committee was honored at a luncheon sponsored by Gov. Sonny Perdue, to celebrate winning the Governor’s Safety Award. Due to the efforts of the Board’s Safety Committee and all of the employees …

Texas Mutual to Pay $50 Million in Dividends

Approximately 28,000 Texas employers will receive a share of $50 million in dividends from Texas Mutual Insurance Company. The Texas Mutual board of directors unanimously approved the 2004 dividend plan, which includes an annual component for qualifying customers whose policies …

Illinois Med-Mal Reform Appears to Stall

A package of medical liability reforms largely opposed by insurance industry interests seems to have a good chance to pass in the Illinois House of Representatives, but it’s Senate future is grim, according to Crain’s Chicago Business. The bill, sponsored …

NAMIC Urges NAIC to Table ‘Sarbanes-Oxley’ Proposals

The National Association of Mutual Insurance Companies has urged the National Association of Insurance Commissioners’ to table its current proposals to adopt parts of the federal Sarbanes-Oxley Act as part of state solvency regulations, indicating that such additions would be …

AIG Small Business Introduces New Online Services for Insurance Brokers and Agents

AIG Small Business, a unit of the property and casualty insurance subsidiaries of American International Group, announced the launch of “AIG eDelivery(SM),” a new submission status and policy retrieval system for brokers. “AIG eDelivery enables registered users to check account …

S&P Affirms GEICO and Subs ‘AAA’ Ratings

Standard & Poor’s Ratings Services announced that it has affirmed its ‘AAA’ counterparty credit rating on GEICO Corp. and its ‘AAA’ counterparty credit and financial strength ratings on Government Employees Insurance Co., GEICO General Insurance Co., GEICO Indemnity Co., and …