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

La. Man Convicted in Scheme to Defraud State Farm

Dennis Ingles, 51, of Haughton, Louisiana was convicted recently of one count of conspiracy, four counts of mail fraud, and one count of wire fraud, United States Attorney Donald Washington announced. The conviction arises out of a reported scheme to …

Central Texas CPCU Chapter Announces Designees

The Central Texas Chapter of the CPCU Society (Chartered Property Casualty Underwriters) reported that a number of property and casualty insurance professionals in the Central Texas area have obtained their CPCU designation: Kathy Acord, Chubb Insurance; Valerie Brown, Texas Department …

State Farm Easing Miss. Homeowner’s Growth Restrictions as Part of Commitment to Magnolia State

Mississippi’s largest insurer, State Farm, is easing its homeowner’s growth restrictions in the state. According to Commissioner of Insurance George Dale, this announcement demonstrates the company’s commitment to the State of Mississippi. State Farm’s decision to ease growth restrictions does …

Independent Agents Unsure About Florida Amendment 3

With all the publicity about the presidential race, Florida’s Amendment 3 and other amendments on the ballot have taken a backseat and how they are decided could have far-reaching effects on the insurance agents — on election day, not many …

Fla. Refund Plan Nets $1.7 Million

Florida’s Chief Financial Officer Tom Gallagher announced that more than 1,200 Central Florida residents have received a total of $1.7 million under a refund plan for consumers who paid for various insurance products without their knowledge, during the purchase of …

HSB Unveils Portfolio EPL

The Hartford Steam Boiler Inspection and Insurance Company (HSB) is now offering Employment Practices Liability (EPL) coverage through selected insurance company partners serving small and medium-size businesses. The program makes broad EPL coverage and related risk management services available to …

K&B Brokerage Opens for Business in Virginia

Retail insurance agents have a new brokerage resource: K&B Underwriters, LLC, of Fairfax, Va. Founded by insurance veteran Bryan Baird, K&B is a wholesale brokerage. Baird notes that K&B’s initial focus will be insurance and risk management for the eldercare …

TWCC Sets Maintenance Tax Rate

The Texas Workers’ Compensation Commission reported it has determined, pursuant to the authority and direction given under the Texas Workers’ Compensation Act (Texas Labor Code, Section 403.003), that the maintenance tax rate be set at 0.92 percent of the gross …

California’s DWC Regulations Get Backing From Office of Administrative Law

The California Division of Workers’ Compensation (DWC) has received approval from the Office of Administrative Law on the first set of regulations implementing SB 899, workers’ compensation reforms passed by the Legislature and signed by Gov. Schwarzenegger last April. The …

Guaranty Insurance Services Appoints EVP of P/C Sales

Guaranty Insurance Services Inc. announced that it named Von Breaux executive vice president of Property and Casualty Sales. Breaux comes to Guaranty Insurance from Syracuse, N.Y., where he worked as the director of Sales for Wausau Insurance Companies. There he …