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

Coalition Names Top 10 Insurance Swindlers of 2004

The nation’s top insurance swindlers of 2004 were inducted into the Insurance Fraud Hall of Shame reported the Coalition Against Insurance Fraud. All of the new inductees were convicted or their cases closed out in the last year. The 2004 …

Insurance Journal to Publish Top E&S Broker List

Insurance Journal magazine will publish its inaugural Top Excess & Surplus Lines Broker list on Feb. 21, 2005, in all five of its regional editions. Managing general agencies, wholesalers and managing general underwriters have been asked to participate by submitting …

American Community to Offer HSA Plans

Livonia, Mich.-based American Community Mutual Insurance Co. has joined with HealthEquity Inc. to offer an integrated program that links high-deductible health plans with consumer-driven tools and financial services. American Community’s high-deductible health plans, coupled with tax-advantaged Health Savings Accounts, are …

Cunningham Lindsey Hires Stanton as Regional Account Exec in Chicago

Dallas-based Cunningham Lindsey U.S. Inc. announced that Kimberly Stanton has joined the company as a regional account executive. Stanton will be based in Chicago and focus on the Midwest insurance and self-insurance marketplace. She joins the firm after 14 years …

Chicago Agent’s License Revoked

Acting Illinois Director of Insurance Deirdre K. Manna has revoked the insurance producer license of Cynthia A. Redict-Adams of Chicago effective Dec. 21, 2004. Redict-Adams had been licensed since March 4, 1987. She was licensed to sell life, accident and …

Oswald Cos. Opens Columbus Office

Cleveland-based brokerage Oswald Cos. announced the opening of a Columbus, Ohio, office while also unveiling its new name and corporate branding. While the new office reflects the company’s significant ongoing growth throughout the state, the branding shift is designed to …

State Farm Cutting Auto Rates in Louisiana

State Farm Mutual Automobile Insurance Co., which insures about one out of every three cars in Louisiana, is cutting auto insurance rates by an average of 2.1 percent, according to the Associated Press. The cut is effective Feb. 2. The …

New Insurance Commissioner Named in Oklahoma

Oklahoma Gov. Brad Henry announced he has selected a long-time Tulsa insurance executive and public servant to serve as Oklahoma’s state insurance commissioner. Kim Holland succeeds Carroll Fisher who resigned under fire amid criminal charges and legislative impeachment proceedings. Gov. …

Calloway Turns Down Ind. Commissioner Post

The Evansville man whom Gov. Mitch Daniels had appointed as the state’s insurance commissioner has decided to turn down the position, the governor’s office said last Thursday. Daniels announced the pick of Harold Calloway on Dec. 29, and he was …

Connecticut AG Sues Marsh, Ace Financial in Broker Commission Case

Connecticut Attorney General Richard Blumenthal on Friday sued insurance broker Marsh & McLennan Inc., and insurance provider ACE Financial Solutions Inc., for a scheme in which ACE reportedly paid Marsh a secret $50,000 commission to steer an $80 million state …