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

IBHS Notes Strategic Partnerships at Conference

The Institute for Business & Home Safety (IBHS) formalized three strategic partnerships with organizations whose reach extends throughout the U.S. and beyond at its annual conference this last week in Orlando. IBHS will work with the Federal Alliance for Safe …

Former Bay Area Insurance Agent to Serve Jail Time

On Oct. 27, Herbert Amos Jones, of Bethel Island, Calif., pled guilty in Contra Costa Superior Court to one felony count of grand theft. Jones, a former California-licensed insurance agent and regional vice president of Primerica Financial Services (PFS), was …

Maclean Oddy Chairman, CEO to Resign

Maclean Oddy & Associates Inc., headquartered in Dallas, announced that chairman and chief executive officer Roy B. Oddy plans to resign from these positions effective Dec. 31, 2004. Oddy, one of the company’s founders has been president and CEO since …

TWCC Posts Rule-Making Projects on Web Site

The current status of rule-making projects by the Texas Workers’ Compensation Commission has been added as a regular page on the Commission’s Web site at: http://www.twcc.state.tx.us/rules/planning/ruleschart.html. Projects on the Web page extend through the Fall of 2005. The page will …

Prior Promoted at ICW Group

San Diego-based ICW Group announced that Kevin Prior has been promoted to president from the position of executive vice president. Prior has been with the company for 14 years, and served as executive vice president of actuarial, DIC underwriting and …

S.C. Att. Gen. Lacks Funds to Fight Insurance Fraud

South Carolina needs more money to hire investigators and prosecutors to fight insurance fraud according to Attorney General Henry McMaster. “We are not short on talent. We are not short on determination,” he said. “We are short on money.” McMaster …

Florida Doctors, Lawyers At Odds Over Effects of Malpractice Amendments

After years of fighting over medical malpractice, doctors and lawyers who represent victims aren’t going to declare peace just because voters approved a few new amendments in the Florida Constitution. Both groups of professionals are assessing the impact of three …

Affirmative Sees Strong Revenue Growth in Q3

Affirmative Insurance Holdings Inc., an Addison, Texas-based provider of personal non-standard automobile insurance, reported that the third quarter ending Sept. 30, 2004, was a good one for the company. Affirmative’s net income increased 62.9 percent over the same period in …

Oklahoma Okays Rate Increase for Med-Mal Insurer

The Oklahoma Insurance Department reported that a requested rate increase for medical professional liability insurance carrier NCMIC Insurance Company has been approved. NCMIC applied for a rate increase in August 2004, seeking to raise its rates by 23.2 percent with …

Hub Quebec Sub to Sell Personal Lines Book; Will Concentrate on Commercial, Private Clients

Chicago-based Hub International Limited has announced some major changes in the operations of its Quebec-based hub, Martin Assurance & Gestion de Risques Inc. (Martin). The company has signed a letter of intent to sell a portion of its Personal Lines …