On Dec. 16, 2004, Virgil Ray Blackmer, 51, and his son, Brian Blackmer, 19, both of San Jose, were arrested on one felony count each of insurance fraud. The suspects were booked into the Santa Clara county jail after they …
ACE USA, the U.S.-based retail operations of The ACE Group of Companies has introduced ACE Spectra, an admitted insurance product that provides coverage for property damage and business interruption resulting from a tropical storm or hurricane. The policy can cover …
Los Angeles-based Mercury General Corporation reported net income of $74.1 million ($1.36 per share- diluted), in the fourth quarter 2004 compared with $49.2 million ($0.90 per share-diluted), in the same period for 2003. For the year, net income was $286.2 …
Sandy, Utah-based The Prime Insurance Syndicate Inc. announced that the new look and design of its Web site, www.primeis.com, is now online. Prime has met the needs of its customers by providing a Web site with online information about the …
Civil justice reform and medical malpractice insurance are the topics to watch as today’s session of the Georgia Legislature convenes in Atlanta. A legislative update has been issued by the Professional Insurance Agents of Georgia indicating that these topics are …
Zurich Financial Services Group (Zurich) expects claims related to the tsunami that struck South Asia on Dec. 26, 2004 to cost approximately $65 million after tax and net of reinsurance. The aggregate amount of expected claims net of reinsurance and …
Most injuries suffered by Canadians are reportedly preventable, and Insurance Bureau of Canada (IBC) wants to reinforce this message through its month-long sponsorship of Injury Prevention Month in North Bay. IBC will spend most of February helping the residents of …
The Arkansas Workers’ Compensation Commission announced that Mike Baker is the new director of the commission’s Self-Insurance Division (SID). He replaces Alan McClain, who is now the AWCC chief executive officer. Baker was appointed director of SID in January. Before …
Kim Holland, who recently was sworn in as Oklahoma’s insurance commissioner, has promised to restore integrity to the office. Gov. Brad Henry appointed Holland, 49, on Jan. 21 to replace Carroll Fisher, who resigned in September while facing possible removal …
Doctors and other health care workers should be able to say they’re sorry without having their statements used against them in medical malpractice lawsuits, a South Dakota House committee recommended Saturday. The measure would encourage doctors to talk with patients …
