O.D. Kenemore, a former commissioner for the Texas Workers’ Compen-sation Commission, passed away Oct. 18, 2004, at M.D. Anderson Hospital in Houston. Commissioner Kenemore was appointed as an Employee Commissioner in April 1990 and, in 1993, was reappointed and served …
One of the thorniest issues that an insurance adjuster may face is deciding to bring an affirmative declaratory judgment action following a denial of coverage or a decision to defend under a reservation of rights. The rules governing the declaratory …
In the days after New York Attorney General Eliot Spitzer filed a civil lawsuit against insurance broker Marsh & McLennan Companies Inc. for alleged commercial account steering and bid rigging, the insurance industry reeled with speculation about how far Spitzer …
In a not-so-far-away land not too long ago, insurance professionals were decrying the actions of high ranking officers of companies like Enron, WorldCom, Tyco, etc., for their challenged ethics, their “I’m on top-of-the-world, I can do whatever I want,” attitudes, …
By now, you probably are aware that insurance broker Marsh & McLennan Companies Inc. and Marsh Inc. (collectively Marsh) were sued in New York on Oct. 14 based on allegations of engaging in certain illegal business practices, specifically “bid rigging,” …
The unfolding scandal has claimed one victim in South Carolina, and there could be others, according to two area newspapers. The Spitzer civil suit against Marsh & McLennan, prominently mentioned the Greenville school system. Though only the school district was …
A “demand to produce information” has been issued by the North Carolina Department of Insurance in an effort to closely scrutinize the records and practices of more than 5,000 insurance companies and brokers licensed by the state. Insurance Commissioner Jim …
Hancock Bank of Gulfport, Miss., will acquire property and casualty insurance agency Ross-King-Walker Inc. (RKW) of Hattiesburg, according to company officials. The purchase will be an all-cash transaction and is expected to become effective in the fourth quarter. RKW will …
Palmer & Cay hosted the First Annual “Fight Against Brain Tumors Charity Golf Classic” at White Columns Country Club in Alpharetta, Ga. With more than 130 people in attendance, representing more than 50 insurance companies, the event raised more than …
The Georgia Association of Property/Casualty Insurance Companies (GAPCIC) board of directors has approved the National Association of Mutual Insurance Companies (NAMIC) as its newest member. “NAMIC has a strong reputation on federal and regulatory issues, and our collaboration with them …
