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

LAWMAKERS BACK CIVIL UNIONS:

Connecticut moved closer to allowing civil unions for gay and lesbian couples over the protests of gay rights advocates who believe the state should instead legalize same-sex marriage. The Judiciary Committee voted 25-13 in favor of legislation that would create …

FRAUD CRACKDOWN LOWERS CLAIMS:

Auto accident claims are down significantly in Lawrence, Mass., and several other Merrimack Valley communities after a 16-month crackdown on auto insurance fraud, according to an industry report. The Insurance Fraud Bureau of Massachusetts forecasts $25 million in savings for …

Talking ’bout Ethics

Getting people in the insurance industry to speak with the media can be tough. But when the subject is ethics, it’s near impossible. It’s easier to get President Bush to talk about a tax hike. Barry Bonds about steroids. Brad …

Heads Up! Employees at Large

Wal-Mart, Morgan Stanley, Boeing, Texaco, State Farm and Farmers have all been the targets of recent employment practices lawsuits. Wal-Mart was hit with sexual harassment charges. Farmers was sued for wrongful termination. Morgan Stanley and State Farm allegedly engaged in …

Kyoto, Scripps Study, Put Greenhouse Gases in Global Warming Spotlight

The week of Feb. 14-20, 2005 may have been a turning point in the debate over global warming. Either from incisive planning or pure serendipity, the “Kyoto Protocol” or Treaty, a global agreement aimed at reducing greenhouse gases, came into …

Preparing Your Personal Lines CSRs to Sell

Sales generated by property/casualty customer service representatives are the least risky, most profitable of all agency activities. They generate the easiest of all new commissions and help to keep rivals out of the picture, including Internet and direct mail marketers. …

Farmers to Lower Rates for Colo. Auto Customers

Farmers Insurance Group of Companies announced Monday it will lower rates for its auto customers in the state of Colorado. Effective April 1, 2005, Farmers’ customers in Colorado will see a rate decrease that will average 3.2% percent. Actual savings …

Calif. Authorities Give Comp Fraud a Clean Sweep

In a joint effort, investigators from the Division of Labor Standards Enforcement (DLSE), overseen by the California Department of Industrial Relations (DIR), and the Los Angeles County District Attorney’s Office Workers’ Compensation Fraud Division are conducting a countywide enforcement sweep …

McDonough Replaces Thomas as Trustmark CEO

Lake Forest, Ill.-based health/life insurer and benefits administrator Trustmark Cos. finalized a leadership transition announced last March by naming David M. McDonough to replace outgoing CEO J. Grover Thomas Jr. Thomas will continue to serve as board chairman. McDonough, 52, …

Visitations, Services Scheduled for Stephen M. Merritt

The Professional Insurance Agents of Georgia reports the death of Stephen M. Merritt of Buford, Ga. Merritt passed away unexpectedly Sunday, March 6. Merritt had been an agency management specialist with Selective Insurance Group since 1991. Merritt was active in …