Monthly Archives: <span>January 2005</span>

People & Places

Catherine Rein MetLife, Inc. has named Catherine A. Rein to the role of chief administrative officer, effective Jan. 1, 2005. Reporting to MetLife, Inc. Chairman and Chief Executive Officer Robert H. Benmosche, Rein will oversee MetLife’s human resources, audit, information …

VIRGINIA EYES PREMIUM TAX:

Republicans in the Virginia House of Delegates plan to announce a $938 million transportation package that directs some money from the state’s general operating fund and some from the state tax on insurance premiums to transportation. The proposal exceeds the …

DELAWARE’S DENN SEEKS CREDIT SCORE BAN:

New Delaware Insurance Commissioner Matt Denn announced he will support a bill being introduced that seeks to ban the use of credit scores by insurers in personal lines insurance rating. State Senator Margaret Rose Henry and Denn said that legislation …

MD. LAWMAKERS OVERRIDE VETO:

Insurance companies, claiming that the measure would have only minimal effect on insurance prices for doctors, got their wish as Maryland Gov. Robert Ehrlich (R) vetoed a reform bill passed earlier this month by lawmakers. But then Democrats in the …

PA. HIKES WEEKLY COMP BENEFIT:

Pennsylvania Secretary of Labor & Industry Stephen M. Schmerin announced increases in the maximum weekly benefits for new unemployment compensation beneficiaries and new workers’ compensation claimants, effective the first full week of January. Unemployment compensation payments, for workers who lose …

N.Y. RANKS AUTO INSURERS ON COMPLAINTS:

With only one upheld complaint, Amica Mutual Insurance Co. of Rhode Island, a perennial top 10 finisher, ranked the best among 49 auto insurers or groups ranked by the New York State Insurance Department in its most recent complaint report. …

SERIO OUT; PATAKI NOMINATES MILLS:

New York Superintendent of Insurance Gregory Serio has stepped down and Gov. George Pataki has nominated Howard Mills, former Republican assemblyman from Orange County who lost the recent race for U.S. Senate against incumbent Sen. Charles Schumer (D), to be …

N.J. SEEKS COMPENSATION PLANS:

New Jersey Banking and Insurance Commissioner Holly C. Bakke has ordered 18 insurance companies domiciled in the state to submit information and documents outlining compensation and fee arrangements with their clients. Bakke said that the 18 companies were selected in …

R.I. APPROVES 20% WORKERS’ COMP CUT:

Average loss costs for workers’ compensation insurers adopting figures from the National Council on Compensation Insurance in Rhode Island are going down 20.2 percent following an order by the Department of Business Regulation. The NCCI had filed for an 18.3 …

CONN. GOV. TACKLES MED-MAL:

Connecticut Gov. M. Jodi Rell indicated in her State of the State address that medical malpractice reform is on her agenda for the new year, her first full year in office. Rell was sworn in as governor on July 1, …