April 4, 2005
First there was radon, then carbon monoxide and volatile organic compounds. Now the latest home invader is mold and, in a national survey released by CertainTeed Corporation and conducted for them by Opinion Research Corporation, 55 percent of the 1,040 …
April 4, 2005
The recent $190 million settlement between the world’s second largest insurance broker, Aon, and officials in three states sheds light on how, as New York Attorney General Eliot Spitzer and other public officials warned, their insurance investigations are not confined …
April 4, 2005
Jennifer Huddleston Home State Insurance Group Inc., based in Waco, Texas, announced the promotion of two executives. Michael Davis Jennifer D. Huddleston has assumed the position of president of Home State County Mutual Insurance Company. Since 1997, Huddleston has served …
April 4, 2005
The approval of a revised producer compensation disclosure model act and a resolution calling on commissioners to oppose the application of Sarbanes-Oxley financial reporting requirements on nonpublicly traded insurance companies highlighted the National Conference of Insurance Legislators Spring Conference held …
April 4, 2005
I’m afraid to see my next auto insurance bill. My daughter “totaled” her car recently. Yes, it was her fault, and no, no one was seriously hurt, thankfully. She ran into the back of a pickup truck at a stoplight, …
April 4, 2005
Transactions between retail agents and brokers they place business through just became more labor intensive. I recently testified as an expert in a federal case involving a reputable agency’s failure to conduct proper due diligence on a purported surplus lines …
April 4, 2005
Capital One Insurance Services, formerly InsLogic, an insurance broker in Oak Ridge, Tenn., plans to triple its work force. Capital One Insurance was acquired in January by Capital One Financial Corp., and wants to hire 150 insurance agents by July. …
April 4, 2005
A one-time infusion of $400,000 to permit the South Carolina Attorney General’s OYce to hire six new prosecutors to fight insurance fraud has been approved by the Senate Finance Subcommittee. At present, the attorney general’s office has only one prosecutor, …
April 4, 2005
W.E. Love & Assoc. Inc. in Burlington, N.C., recently decided to go high-tech with an iChannel Web-based electronic imaging and document management system that can be integrated with any agency management, policy system or accounting operation. According to John H. …
April 4, 2005
The Insurance Commission and the North Carolina Rate Bureau have reached a compromise agreement approving a 2.2 percent average statewide homeowners premium increase according to Insurance Commissioner Jim Long. The Bureau, an independent organization representing homeowners insurance companies in the …