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

Conn. Commissioner Cogswell Holds Her Ground in Broker Compensation, Med-Mal Battles

“I’m willing to meet with just about anyone to sit down and discuss issues. That’s the most effective and efficient way to uncover and deal with problems.” Well, meet with almost anyone. Connecticut Insurance Commissioner Susan Cogswell prides herself on …

Delaware Senate Panel Weighs Pros and Cons of Ban on Insurers’ Use of Credit Scoring

Delaware Insurance Commissioner Matt Denn urged the Senate Insurance and Elections Committee to pass Senate Bill 2, which would prohibit the use of credit scoring in auto and homeowners insurance policies in Delaware. Denn told the committee that credit scoring …

PCI: Banning Credit Score Use Will Hurt Del. Consumers

A Delaware bill that would ban insurers from using credit history to underwrite auto and homeowner policies would raise prices for most insurance consumers, according to the Property Casualty Insurers Association of America (PCI). “Credit history allows insurers to write …

CFO Slates Meetings March 19 in Orlando; April 2 in Ft. Pierce, Fla.

Florida homeowners will still have two opportunities to discuss hurricane-related insurance problems with CFO Tom Gallagher, his staff and insurance company representatives March 19 in Orlando and April 2 in Fort Pierce. Gallagher’s March 19 meeting will be the his …

Ace Reportedly Hit with 43 Subpoenas

According to a Reuters report, Ace Ltd. said on Wednesday it has received 43 subpoenas, interrogatories, civil investigative demands and letters of inquiry in relation to the investigations of insurance industry practices. In its annual report filed with the U.S. …

Bethel Promoted at Great American Custom Insurance

Great American Insurance Group has announced the promotion of Neil A. Bethel to president of Los Angeles-based Great American Custom Insurance Services Inc., a wholly-owned subsidiary of Great American Insurance Company based in Cincinnati, Ohio. Bethel had been CFO and …

Illinois R.B. Jones Opens Denver Office

Illinois R.B. Jones, a Kaufman Group Company, announced the addition of a new office in Denver. The announcement was made by Chairman, President and CEO Alan Jay Kaufman. The Illinois R.B. Jones Denver office will be under the direction of …

Got Mold? Survey Says Consumer Concern Increases Regarding Mold in the Home

First there was radon, then carbon monoxide and volatile organic compounds. Now the latest home invader is mold and, in a national survey released by CertainTeed Corporation and conducted for them by Opinion Research Corporation, 55 percent of the 1,040 …

Okla. Senate Gives Backing to Bill to Help Victims of Uninsured Motorists

The Oklahoma Senate Communication Office reported that the state Senate approved Senate Bill 613 by State Senator Kathleen Wilcoxson, who said her bill to give assistance to victims of uninsured motorists is not a new concept. The Oklahoma City Republican …

Okla. House Votes to Give PLICO Two More Years to Build Reserves

The Oklahoma House of Representatives has voted to give the state’s major medical malpractice insurer two more years to build up its reserves before state regulators intervene. House Bill 1566, by State Rep. Dan Sullivan, would exempt the Physicians Liability …