February 22, 2005
AIR Worldwide Corporation has introduced the latest releases of CLASIC/2 and CATStation, said to enable insurers, brokers, and reinsurers to significantly improve their catastrophe management workflow. According to AIR, the new releases contain two enhancements, AIR ImportExpress and the CEDE …
February 22, 2005
Chicago, Ill.-based InsuranceNoodle has entered into an agreement with Boston, Mass.-based OneBeacon Insurance Group to offer the carrier’s OnePac P&C solution to the independent commercial agencies that use InsuranceNoodle’s proprietary, Web-based technology platform. “InsuranceNoodle presents OneBeacon with the opportunity to …
February 22, 2005
Giant insurance broker Aon is in talks with the attorneys general of Connecticut, New York and Illinois that could potentially lead to settlement of charges related to improper compensation and account placement practices. Officials at Aon and the office of …
February 22, 2005
The West Virginia Workers’ Compensation Commission in Charleston has terminated a Beckley physician from the program, “for providing health care that is excessive, medically unreasonable and unethical.” Michael Kostenko, DO, of Beckley abused the workers’ compensation system by allowing massage …
February 22, 2005
The Senate gave preliminary approval Feb. 17 to a three-pronged medical malpractice bill backed by business groups and physicians. The measure would provide a legal shield for doctors’ apologies, tighten requirements for the credentials of expert witnesses testifying in court …
February 22, 2005
A new state ethics report concludes that former SAIF Corp. President Katherine Keene violated Oregon law by failing to register as a lobbyist and report her expenses. The 35-page report released Feb. 18 by the Oregon Government Standards and Practices …
February 22, 2005
Broker compensation and its impact on the insurance market will be one of many key issues discussed March 3 to 6 during the National Conference of Insurance Legislators spring meeting and seminar in Hilton Head, S.C. The meetings will feature …
February 22, 2005
A Tampa man has been sentenced on charges he sold phony bonds, claiming the bonds carried a financial guarantee. The bonds were sold to more than 200 people, primarily in the Tampa Bay area. The Florida Office of Financial Regulation …
February 22, 2005
The ReAdvisory group of Carvill, a leading specialty reinsurance intermediary, has released a white paper, the “2004 Hurricane Season in Review,” that examines the recent weather patterns and hurricane damage to the coastal U.S., particularly in the State of Florida. …
February 22, 2005
Veronica Hall, an associate agent with Maiden Financial in Martinsburg has announced the opening of what she thinks is West Virginia’s first insurance agency catering to Hispanic clients. Hall said she didn’t intend to work in the insurance industry and …