Peoria, Ill.-based specialty risk insurer RLI Corp. appointed Jordan W. Graham to its board of directors, effective Nov. 18, with a term expiring in 2005. Graham, a business strategy and technology consultant, most recently was an executive with Cisco Systems …
South Dakota draft legislation regarding credit scoring is unnecessary, burdensome and would open the door for even more restrictive alternatives in the legislature if introduced, a leading industry representative has told Insurance Director Gary Steuck. The draft legislation, DRR26, would …
Illinois Gov. Rod Blagojevich, a Democrat, has named Natalie J. Romo to serve as a commissioner on the state’s Workers’ Compensation Commission. She will serve as the employer representative on Panel B, and handle calls in Chicago, Collinsville and Mt. …
There has been a 415 percent increase in the average severity of long-term care professional and liability claims since 1996, according to a study released by Chicago-based commercial insurer CNA‘s LTC unit, HealthPro. In 1996, ultimate average severity of LTC …
A Lake Charles, Louisiana insurance producer was issued a cease and desist order and a summary suspension of his insurance license for allegedly engaging in fraudulent and dishonest insurance practices, Insurance Commissioner Robert Wooley has announced. Department of Insurance Fraud …
Keystone Insurers Group (KIG) in Northumberland, Pa. announced the addition of George C. Wynne, former vice chairman and chief executive officier for Berkley MidAtlantic Group, as senior executive of corporate development, effective January 1, 2005. Wynne spent nine years with …
The Independent Insurance Agents of Houston recently installed Donald E. (Woody) Woodard, Jr. as the association’s president for 2004-2005. Woodard began his insurance career in 1973 at Houstoun Stevenson and Cummings, in the casualty department. He co-founded Houstoun Woodard and …
With the latest insurance industry market conduct problem, consumers once again see not only the failure of state insurance regulation to protect them but the refusal of state insurance regulators to take responsibility for their failure. The latest actions by …
According to an analysis conducted by AIR Worldwide (AIR), a risk modeling company, the 2004 hurricane season should not be considered rare. The analysis, based on the AIR hurricane model, revealed that insurers should expect to see four hurricanes make …
Voters in Colorado Nov. 2 overwhelmingly turned back an effort to amend the state’s constitution and gut a construction defects reform measure passed by the legislature last year. In a victory for consumers and the real estate industry alike, voters …
