April 21, 2005
Arkansas Secretary of State Charlie Daniels reminded businesses, including insurance organizations, that they should be aware that the filing deadline for franchise taxes is one month earlier this year with monies due to the state on May 2, the Associated …
April 21, 2005
The Midland Company, a Cincinnati-based provider of specialty insurance products and services, announced record results for the first quarter ended March 31, 2005. Net income for the quarter was a record $21.5 million, or $1.10 per share. This compares to …
April 21, 2005
The Missouri Insurance Department has refused to renew the producer’s license of a man who owes more than $33,000 in court-ordered child support payments. Thomas A. Varner of Kansas City was ordered in June 1995 to pay $2,000 a month …
April 21, 2005
Jerry D. Brunow, the lesser half of a Washington County, Neb. insurance fraud duo was recently sentenced to two years probation during court proceedings April 5, according to the Blair Pilot-Tribune. Brunow, 29, was reportedly paid $500 by 22-year-old co-worker …
April 21, 2005
The Florida Court of Appeals, Second District, on April 20 issued its opinion in First Protective Insurance Co. v. Featherston, upholding the validity of a business exclusion in a homeowners insurance policy. “This decision recognizes a contract is a contract …
April 21, 2005
An insurance referral service to connect Alabama consumers with insurers has been suggested by the Hurricane Insurance Issues Task Force to assist homeowners in finding insurance along the state’s Gulf Coast, especially in Mobile and Baldwin counties. The task force …
April 21, 2005
A computer modeling system has been developed by two university researchers to predict the annual damage done by hurricanes, based on wind patterns over the land and sea in July, to predict whether damages will be greater or less than …
April 21, 2005
With the beginning of the hurricane season six weeks away, Florida residents are scurrying to be ready to batten-down-the-hatches: Florida legislators are about to pass a “sales tax holiday” to enable consumers to buy hurricane-related supplies without paying the 6 …
April 21, 2005
Standard & Poor’s Ratings Services announced that it has affirmed its “BBB+” insurer financial strength ratings on two subsidiaries of French reinsurer SCOR: Bermuda-based Commercial Risk Reinsurance Co. Ltd. and Vermont-domiciled Commercial Risk Re-Insurance Co. (collectively, CRP). S&P then withdrew …
April 21, 2005
AIG Consultants Inc., a member company of American International Group, announced the launch of its Business Protection Division. The new unit, which was developed in tandem with AIG Corporate Security and AIG Global Business Continuity, “will provide consulting services that …