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

FEMA Director Promises to Keep Recovery Funds Flowing

The hurricanes of 2004 taxed the Federal Emergency Management Agency to its limits, Michael Brown, FEMA director and undersecretary of the Department of Homeland Security, told more than 1,500 state emergency managers attending the May 11 opening session of the …

News Briefs

GEORGIA Licensing System Changes The Georgia Insurance Comm-ission held “Ind-ustry Day Meet-ings” across the state in May to discuss recent changes to the licensing system. In an effort to be responsive to agent issues and concerns, Commissioner John Oxendine asked …

News Briefs

GEORGIA Licensing System Changes The Georgia Insurance Comm-ission held “Ind-ustry Day Meet-ings” across the state in May to discuss recent changes to the licensing system. In an effort to be responsive to agent issues and concerns, Commissioner John Oxendine asked …

Fla. Matrix Database Would Tap Into Insurance Records

Florida insurance companies could be required to provide customer information if Florida law officials implement a comprehensive Multi-state Anti-Terrorism Information Exchange, or Matrix database, now being contemplated. The Florida Department of Law Enforcement is seeking proposals and taking bids to …

USAA Asks for 10.3 Percent Increase; Other Requests Expected

Florida’s fifth-largest insurer USAA, filed a request in mid-May to raise premiums by a statewide average of 10.3 percent. David Foy, chief of staff for the Office of Insurance Regulation said he expects more companies to request rate increases in …

News Briefs

MICHIGAN Commissioner Appeals Credit Scoring Decision The state of Michigan has filed an appeal of a judge’s ruling that allowed insurance companies to continue using customers’ credit scores to determine their home and automobile insurance rates. Attorneys for the state, …

Educator Says Communication Key to Successful Family-Owned Businesses

Over time, as the family grows in size, member interests, goals and values become increasingly different,” Craig E. Aronoff told an audience of family-owned and operated agencies during day-long presentations on “The Family Challenge” and “Ownership and Financial Challenges,” at …

People

NBIS appointed Joseph Savarese senior vice president of underwriting. He will focus on the company’s Eastern and Western U.S. presence working to establish a network of insurance agents and brokers in the contractors insurance market. Savarese began his career as …

Illinois Medical Malpractice Reforms Stalled Again

SPRINGFIELD, Ill.-A House committee voted 12-2 last month for proposal backed by doctors and Republicans to cap noneconomic damages such as pain and suffering that malpractice victims can win in court, only to see it stymied in the floor when …

South Bend Employers Sue Company Over Unpaid Health Claims

SOUTH BEND, Ind.-Some of the South Bend area’s largest employers have filed lawsuits against a company hired to process health insurance claims for their employees. The employers allege that they paid millions to Healthcare Resources Group, but the company never …