The Texas Department of Insurance announced it has scheduled a public hearing for Feb. 28, 2005, to consider the Texas Automobile Insurance Plan Association’s 2005 Private Passenger rate filing (Docket 2611). The hearing will begin at 9:30 a.m. in Hearing …
Shifting funds from one New York guaranty fund to prop up the state’s floundering Workers’ Compensation Security Fund will reportedly only jeopardize the solvency of the Property/Casualty Security Fund and increase the price of auto and homeowners insurance policies for …
FleetRisk Advisors of Alpharetta, Ga. has launched its Transportation Risk Analytics Center and Dupre’ Tansport LLC of Lafayette, La. will conduct a major pilot project using Fleet Risk’s TRAC service including data modeling and predictive analytics. TRAC is a sophisticated …
Florida’s Chief Financial Officer Tom Gallagher on Wednesday joined two key lawmakers in pushing legislation to require insurance companies to clearly outline what is covered in homeowners insurance policies. The measure would also call for insurers to spell out hurricane …
The Property Casualty Insurers Association of America (PCI) reported it testified before the House Business and Insurance Committee in support of legislation to overhaul the Texas workers’ compensation system. “House Bill 7 is a huge step in the right direction …
Austin, Texas-based Guaranty Insurance Services Inc. announced the acquisition of Walter Mortensen Insurance of Bakersfield, Calif. This move doubles the agency’s size in California. With eight offices in California’s Central Valley, 100 employees and annual revenues of $13.5 million, the …
Wausau Benefits, a third-party health plan administrator and a business unit of Fiserv Health, garnered three separate awards for its newly redesigned Web site from COR Health’s online resource, “Medicine on the Net.” The online health resource’s Web Excellence Awards …
A former Shreveport, La., insurance producer was arrested and issued a cease and desist order for allegedly misappropriating insurance funds, Louisiana Commissioner of Insurance Robert Wooley has announced. John Michael Guevara, 47, was arrested by the State Police Fraud Unit …
Farmington Hills, Mich.-based wholesaler Burns & Wilcox named Howard Felber assistant branch manager of the newly established Kansas City, Kan., service center. Felber is responsible for managing underwriting, marketing and staff development of the new service center in collaboration with …
The Medical Protective Company (Medical Protective), a large admitted primary medical professional liability insurer in Texas, announced it has no plans to take an overall rate increase in the state in 2005. President and Chief Executive Officer Timothy Kenesey said …
