April 18, 2005
St. Paul Travelers announced the formation of a National Programs business unit in Canada to offer tailored property and casualty insurance products to groups of commercial businesses that have similar characteristics or that are part of an association or affinity …
April 18, 2005
The American Insurance Association (AIA) is urging Senate Finance Committee approval of its portion of the Surface Transportation Safety Improvement Act of 2005 on April 19 so that Congress can continue moving the nation toward safer roadways. “We commend last …
April 18, 2005
Bank of Hawaii has fired 11 insurance employees for reportedly faking attendance in mandatory continuing education courses. State Insurance Commissioner J. P. Schmidt said the bank informed his office this month that it had terminated 11 of the 27 employees …
April 18, 2005
The head of the U.S. Department of Homeland Security’s Federal Emergency Management Agency (FEMA) announced that President Bush has ordered the release of federal disaster funds to help meet the recovery needs of flood-stricken families and businesses in eastern Pennsylvania. …
April 18, 2005
New York Gov. George Pataki has asked President Bush to declare a major federal disaster for 14 counties across the State, making them eligible for federal assistance as a result of the April 2-4 rain storms that resulted in record …
April 18, 2005
The insurance industry should abolish all contingent commissions, whether for the global insurance broker or Main Street independent agent, the chief executive officer of one of the world’s largest brokers told insurance buyers Monday. Speaking in Philadelphia at the annual …
April 18, 2005
The Louisiana Farm Bureau Federation is looking into setting up a crop insurance program to help oyster farmers get through years when their harvests are destroyed by disease or bad weather, according to the Associated Press. “The insurance would provide …
April 18, 2005
The Louisiana State Police reported that the chief of police in Vinton, La.—Billy Ray Vice—was arrested on Apr. 15, 2005, by the state police criminal intelligence unit. He is being charged with Extortion, Insurance Fraud, and Malfeasance in Office. The …
April 18, 2005
The Republic Group announced the creation of a new managing general agency, Republic Home Protectors Inc. The MGA, based in Houston, Texas, will market lower value property coverage in Texas through independent agents. Republic Home Protectors is majority owned by …
April 18, 2005
Cunningham Lindsey U.S., based in Dallas, announced it has recently hired new property general adjusters at Boston, Los Angeles, New York City, Philadelphia and San Diego. These PGAs join a team already in place to provide a larger complement of …