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

PCI: Reform Needed to Prevent Future Workers’ Comp Problems in Kentucky

The Property Casualty Insurers Association of America (PCI) is calling on Kentucky lawmakers to make changes to the workers’ compensation program in the Commonwealth in order to prevent future financial collapses like those recently revealed by one of the major …

IADA Holds 39th Annual Conference

The Independent Automobile Damage Appraisers Association (IADA) held its 39th annual conference at the Royal Sonesta Hotel in New Orleans recently. The conference was reportedly well attended with 130 registrants and the theme for this conference was “Meeting the Challenge”. …

Big ‘I’ to Offer Continuing Ed Courses in Orlando

For individuals needing continuing education (CE) credits to meet their state’s insurance licensing requirements, then the 2004 Big “I” Convention this October at the Walt Disney World Swan and Dolphin Hotel near Orlando is the place to be. During the …

State Fund Awarded $135,000 in Fraud Case

State Compensation Insurance Fund will collect $135,000 in restitution from a San Diego County- based construction firm as part of the sentence in a workers’ compensation insurance fraud case. Ray Charles Gauthier — who owns Gauthier Construction Inc. — was …

ClearComp Delivers Evidence-Based Savings for Calif. Employers

Woodland Hills, Calif.-based ClearComp and Virginia-based e-Triage recently announced an innovative solution that will reportedly reduce workers’ compensation costs. The new service, Claim Navigator, promises to reduce indemnity costs up to 50 percent and will be instrumental in detecting fraudulent …

WSS, Shand Morahan to Host Free EPL Seminar

Richard Polizzi, president of Western Security Surplus, invites agents and brokers to a free informative Employment Practices Liability Insurance seminar on July 15, 2004. The hosts for the seminar will be WSS’ Northern California office and Shand Morahan. The topic …

National Specialty Underwriters Opens Chicago Office

Bellevue, Wash.-based wholesaler and program administrator National Specialty Underwriters Inc. has opened a new branch in Chicago. NSU specializes in insurance for the hospitality and health-care industries, as well as arranging layered placements for a variety of catastrophic property/casualty excess …

AFG Considering IPO of Majority-Owned Subsidiary

Cincinnati-based property/casualty insurer American Financial Group Inc. announced that it is considering an initial public offering of shares of its 65 percent-owned Richfield, Ohio-based transportation insurance subsidiary, National Interstate Corp. The offering, if executed, would raise about $55 million in …

Ohio DOI Names Saelens Deputy Director

Ohio Department of Insurance Director Ann Womer Benjamin has named Holly Saelens deputy director of the department. Saelens, 38, has been the assistant director for policy and legislation since January 2000 and recently served as the department’s interim director, pending …

Med-Mal Crisis Hurting Doctor Recruitment in Ohio

Patients in southeastern and northeastern Ohio are feeling the impact of the medical malpractice crisis according to several doctors who testified before the Ohio Medical Malpractice Commission yesterday at the Ohio Department of Insurance (ODI). Recruitment and retention efforts at …