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

‘GET SMART ABOUT INSURANCE WEEK’

West Virginia Insurance Commissioner Jane L. Cline and Kentucky Insurance Executive Director Martin Koetters kicked off “Get Smart About Insurance Week,” Jan. 24 – Jan. 28, in their respective states. “This campaign isn’t about selling or canceling policies,” Cline ex-plained. …

N.C. Price-Fixing Investigated

North Carolina insurance regulators, under the direction of Insurance Commissioner Jim Long are investigating as many as 10 insurance companies to determine if they conspired in a price-fixing scheme. The Insurance Department is examining the companies after sending surveys last …

Insurance Concerns on Fla. Agenda

The Florida Legislature is considering numerous actions during spring sessions, including taking a close look at preparedness for the upcoming hurricane season, now five months away; implementing single-deductibles; bringing Citizens Property Insurance Company under control, by passing as many of …

Deltona, Fla. Sinkhole Panics Homeowners; Fla. Legislature Considers ‘Pool’

Gun-shy Florida homeowners have a new natural disaster to add to their list of concerns, sinkholes. Dec. 13, accompanied by the sounds of tree roots snapping and limestone collapsing, a 225 ft. wide and 50 ft. deep sinkhole engulf-ed a …

Insurance Agents E&O: Are YOU Properly Covered’

Have you heard the story of the shoemaker’s children? Although their father was a shoemaker, they always had the most worn shoes. The reason is their father spent so much time and effort taking care of his customers; he did …

Fla. Agent Fled to Ga., Apprehended

A Florida insurance agent who allegedly failed to place auto and general liability coverage for at least 11 trucking companies has been apprehended in Georgia. Kim Laustra, 43, who was an agent at Transportation Insurance Consultants Inc. in Medley, was …

Agent Enters ‘No Contest’ Plea in W. Va.

A former insurance agent in Charles Town, W. Va., has entered a “no contest” plea to charges involving money allegedly “withheld, misappropriated or converted to his own use” in his insurance business, according to Jefferson County court records. A second …

Fla. Suing Jewelry Retailer

Florida is suing Savannah-based Friedman’s Inc. retail jewelry chain, alleging it sold millions of dollars worth of insurance on jewelry items but didn’t disclose the costs to consumers. Friedman’s, which has 56 stores in Florida among its 650 stores nationwide, …

Fla. Arrests Unlicensed Adjusters

Florida insurance fraud investigators arrested two unlicensed public adjusters, one in Broward County and one in Orange County. These arrests bring the total to seven unlicensed public adjusters arrested in the aftermath of last fall’s hurricanes. Arthur Lambright, owner of …

People & Places

Steve Anderson Steven Anderson will lead the Executive Liability Practice team in the New York office of Beecher Carlson Holdings Inc., with other former Marsh employees Jack Flug, John Kerns, Jeff Lattmann and Hank Whiting. They join another former Marsh …