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

Fla. Legislative Sessions Begin Today: Insurance-Related Subjects Top To-Do List

The Florida Legislature begins its spring sessions today with insurance-related topics expected to take the limelight with several dozen proposals being discussed by the governing body. Topics range from giving consumers more tools with which to navigate the complicated world …

ASCnet Unveils 2005 Calendar of Education Programs

The Applied Systems Client Network Inc. (ASCnet), the user group for Applied Systems agency management technology, is launching its 2005 member education effort with expanded training opportunities for agency support personnel as well as principals. The ASCnet Regional Education Summits …

Horace Mann Exit of Mass. Market in 2001 Upheld

Horace Mann Educators Corp. did not violate any law or regulation in 2001 when, as part of its plan to exit the state’s auto insurance market, it transferred its best exclusive representative producers and their auto insurance accounts to Commerce …

S.C. Firm Lands Two-Year Medicare, Medicaid Contract

The Centers for Medicare & Medicaid Services (CMS), the federal government agency responsible for administration of the Medicare program, has awarded Palmetto GBA, a subsidiary of BlueCross BlueShield of South Carolina, a new contract expanding its role in answering 1-800-MEDICARE …

Conn. Gov. Meets with MetLife over Travelers Jobs

Connecticut Governor M. Jodi Rell met today with Robert Benmosche, chairman and chief executive officer of MetLife Inc., to discuss the company’s recent acquisition of Travelers Life & Annuity and its potential effect on Connecticut. “I’m very pleased with the …

Task Force to Address Availability, Affordability Issues for Atlantic Canada Sectors

Insurance Bureau of Canada (IBC) recently announced a newly created task force focused on insurance issues affecting the commercial and not-for-profit sectors in Atlantic Canada. The Atlantic Task Force on Insurance Availability and Affordability brings together affected stakeholders representing the …

NCOIL Approves Revised Producer Compensation Disclosure Model Act

The approval of a revised producer compensation disclosure model act and a resolution calling on commissioners to oppose application of Sarbanes-Oxley (SOX) financial reporting requirements on non-publicly traded insurers highlighted the March 3-6 National Conference of Insurance Legislators Spring Conference …

Mich. Homeowners Premiums Below National Average

Homeowners insurance in Michigan is apparently a good buy. The $470 average premium for Michigan homeowners insurance is below the national average of $538. According to a study by the National Association of Insurance Commissioners, Michigan’s homeowner’s insurance premiums ranked …

McDonough to Head Citizens-Hanover Mid-Atlantic Team

Citizens and Hanover Insurance Companies have named Douglas H. McDonough regional president of its emerging Mid Atlantic region, effective immediately. In this role, he will manage all aspects of sales and distribution for the companies’ commercial and personal lines operations …

La. House and Senate Insurance Committees to Meet in New Orleans

Members of the of the Louisiana House Committee on Insurance and members of the Senate Committee on Insurance will hold a joint meeting on Mar. 9, 2005. The House Committee on Insurance is chaired by Rep. Karen Carter. Sen. James …