March 15, 2005
Texas Attorney General Greg Abbott on March 14 sent an urgent message to all Texas businesses that manage databases with sensitive personal information on citizens to immediately undertake measures to ensure the security of the data. “Recent events in California, …
March 15, 2005
The owner of a Tulsa, Okla., medical equipment company was recently ordered to pay more than $348,000 in restitution for fraud charges, according to state Attorney General Drew Edmondson. Janet K. Merrifield, 54, will serve five months imprisonment followed by …
March 15, 2005
Santa Ana, Calif.-based Yates & Associates announced that Linda J. Peters will be joining its Santa Ana office as the newest underwriter/broker. At Yates Peters will be responsible for bringing in new revenue from both contract markets and brokerage markets. …
March 15, 2005
More than 100 homeowners, clutching manila file folders full of hurricane-related paperwork, newspaper reporters and other interested persons milled around the Fort Pierce, Fla. City Hall on March 11 waiting for Florida’s CFO Tom Gallagher to arrive for the “Consumer …
March 15, 2005
The National Association of Insurance Commissioners recently named its funded consumer liaison representatives for 2005. Established in 1992, the program promotes consumer representation and interaction with NAIC members, industry and interested parties through dedicated individuals committed to serving the public …
March 15, 2005
The domestic brokerage group of the AIG Companies has created AIG Construction Solutions, a consolidated practice that will serve as the central point of contact for domestic brokers and agents placing construction business with the member companies of AIG. “The …
March 15, 2005
A proposal by the New Jersey Election Law Enforcement Commission that would require most insurance company employees to register as lobbyists fails to distinguish true lobbyists who perform an “influencing” role, according to the Property Casualty Insurers Association of America …
March 15, 2005
The Target Markets Program Administrators Association announced that Stephen Way, chairman and chief executive officer of HCC Insurance Holdings, will provide a keynote presentation titled: “Why should we buy your MGU””, at the association’s mid-year meeting scheduled for April 25-27, …
March 15, 2005
Costs per workers’ compensation claim in Pennsylvania rose 6 percent between 2001 and 2002, according to a new report by the Cambridge, Mass.-based Workers Compensation Research Institute (WCRI). This contrasts with more rapid annual growth of 9-10 percent in the …
March 15, 2005
The Main Street America Group of Jacksonville, Fla. has announced that its return on equity in 2004 was 14.4 percent, its second consecutive year of strong ROE performance. In 2003, the Jacksonville, Fla.-based insurance holding company achieved a 20.5 percent …