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

Insurance Institute of Indiana Brings Halt to Municipal Accident Report Surcharge

The Insurance Institute of Indiana has received word the city of Mount Vernon, Indiana has agreed to indefinitely table a proposed ordinance calling for a surcharge, on insurers of “at fault” drivers, for accident investigations by city police officers. City …

Good Joins ABD Insurance

Redwood City, Calif.-based ABD Insurance and Financial Services has appointed Henry Good as a risk management consultant in its Applied Risk Management Group. Good spent 35 years at Rohm and Haas Company, serving as its director of insurance for the …

Hull & Co. On Board as Sponsor of Insurance Journal’s Online Seminar Series

Florida-based Hull & Co. is among the sponsors as Insurance Journal debuts the first in a series of “How to Write” online video seminars Thursday, Jan. 20, 2005. Hull & Co. will sponsor the Florida region. “Hull & Company is …

Sunshine State Names New Senior Officers

The merger of QualSure Insurance Corporation into Sunshine State Insurance Company of Ponte Vedra Beach, Fla. became effective Dec. 31. SSIC has announced the senior staff that will lead the combined teams, effective immediately: Bruce K. Howson, president and CEO; …

LSRAngel Partners with Quanta to Offer EPLI, D&O for Small to Medium-Sized Companies

Specialist EPLI program manager LSRAngel Inc. has announced a new partnership with the U.S underwriting subsidiaries of Quanta US Holdings Inc., a wholly-owned subsidiary of Quanta Capital Holdings Ltd., to provide employment practices and directors and officers insurance for small …

TWCC Supports Inspector General Plan

Texas Gov. Rick Perry recently proposed the creation of a state Inspector General position that would monitor large state agencies—including the Texas Department of Insurance and the Texas Workers’ Compensation Commission—for waste, fraud and abuse. Mike Hachtman, chairman of the …

Safety Insurance Estimates Positive Impact of Mass. Residual Market Plan Changes on Its Operations

Safety Insurance Group, Inc. in Boston has updated its estimate of the financial impact of the reform approved on Dec. 31, 2004 of the residual market system for personal automobile insurance in Massachusetts. The company estimates the changes will reduce …

R.I. Blue Cross Settles Lawsuits for Nearly $18 Million

Blue Cross & Blue Shield of Rhode Island will pay $17.5 million to settle a pair of lawsuits accusing it of bilking subscribers by failing to pass along discounts negotiated for prescription drugs and health services. The settlement means 115,000 …

S. Fla. Cracks Down: Car-wreck Insurance Fraud Con Artists Targeted

South Florida insurance fraud artists are becoming so rampant in the area that authorities have launched a campaign to catch area con artists who stage car wrecks and bilk insurance companies of hundreds of thousands of dollars in false insurance …

IIHS Attributes Saved Lives to Fla. Teen-Driving Regulation Changes

Nationwide driver’s license regulation changes which took place as a result of the death of a teenage driver in Florida have resulted in a reduction in the number of automobile deaths caused by teenage drivers according to the Insurance Institute …