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

Venture Programs Notes New Atlanta Staff

Venture Programs Inc., (www.ventureprograms.com), a provider in designing, underwriting and administering industry-focused insurance programs, announced two new staff positions at its Southern Region office in Atlanta. Shelley Keenan has joined the company as production underwriter for the Southern Region and …

Chubb Unveils New Policies for Ill. Luxury Units

Condo and co-op apartments are underinsured on average by nearly $125,000, concludes a recent analysis of more than 250 units by appraisers at the Chubb Group of Insurance Companies. In addition, many condo and co-op owners face insurance coverage gaps …

Venture Programs Names Pacelli Western Risk Manager

Portland, Ore.-based Venture Programs Inc. (www.ventureprograms.com) announced that it has named Teresa Pacelli, to the position of risk manager for the company’s western region. As a risk manager, Pacelli’s responsibilities include managing claims and loss control services for workers’ compensation …

Allstate New Jersey, Encompass Insurance File $3.7 Million Lawsuit Alleging Fraud

For one Northern New Jersey family, insurance fraud was largely the family’s business, netting millions of dollars in fraudulent gain. That’s according to a multi-million dollar lawsuit filed by Allstate New Jersey Insurance Company and Encompass Insurance, both subsidiaries of …

Best Says Rating Downgrades Slowed; Still Outpaced Upgrades Once Again

Rating downgrades in the property/casualty industry slowed in 2004 but continued to outpace upgrades for the fourth consecutive year, according to a special report issued by A.M. Best Co. The basis for the majority of rating downgrades continues to be …

Calif.-based UNIK Insurance Services Moves Office

Studio City, Calif.-based UNIK Insurance Services has moved to a new location. The new address is 12001 Ventura Place Suite 330, Studio City, Calif. 91604. Telephone is (818) 766-3836; fax is (818) 766-5012, and e-mail is info@unikinsurance.com.

Insurance Provider Seeks to Drop Farmers in Idaho

An insurance company has asked a judge to rule that it does not have to represent two farmers who are being sued by opponents of field burning. State Farm Fire & Casualty Co. filed the insurance lawsuit last week in …

Talks Fail to Settle Sexual Abuse Claims Against Diocese of Spokane

Talks to settle 28 sexual abuse claims against the Roman Catholic Diocese of Spokane have failed, leaving the possibility the diocese will file for bankruptcy. The lawsuits all involve allegations against former priest Patrick O’Donnell. “We could not reach a …

Ohio Deer Collisions Prompt Claims Increase

With deer-vehicle collisions reportedly on the rise, Ohio Insurance Director Ann Womer Benjamin is asking Ohio motorists to investigate their insurance options and to take extra precaution while traveling. Typically, vehicle accidents involving deer are at their peak this time …

Thompson Coe to Present Texas Insurance Law Seminar

Thompson, Coe, Cousins & Irons LLP’s Insurance Litigation & Coverage Group hosts its 4th annual seminar on Texas insurance law developments on Dec. 9, 2004, in Dallas. Attorneys from the section will discuss 16 different critical topics during the all-day …