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

Best Study: Agents, Insurers Raid Competition for New Employees

When insurance companies and agencies go looking for new producers, they rely mostly on referrals and word-of-mouth recommendations, and they say the best places to look for those new recruits are other insurers and agencies, according to a recent Best’s …

American Express P/C to Use BrightClaim Processing System

American Express Property Casualty Companies have selected BrightClaim Inc. to improve the timeliness, quality and efficiency of claim services provided to their policyholders. AMEX will use ClaimsCore, BrightClaim’s solution for centralized claims processing, monitoring and administration in combination with BrightNET, …

AIG Files Delayed Annual Proxy Statement; Greenberg Tallied $8 Million in Bonuses

American International Group Inc. has filed its delayed annual proxy with the Securities and Exchange Commission and set the date of its annual meeting for Thursday, Aug. 11. The company also said in the document filed late Monday that a …

AIG Private Client Group Launches Mobile Wildfire Protection Unit for Calif. Policyholders

AIG Private Client Group, a division of the property and casualty insurance subsidiaries of American International Group Inc. (AIG), announced the creation and deployment of its Wildfire Protection Unit, the first mobile service designed to mitigate and proactively respond to …

Hurzeler Receives IMCA Golden Torch Award at Annual Meeting

The Insurance Marketing Communications Association (www.imcanet.com) on Tuesday awarded Donald Hurzeler its Golden Torch Award in recognition of his lifelong contributions to the insurance industry. The presentation was made during the IMCA’s 2005 Annual Meeting, held at the La Manson …

Wash. L&I Urging Contractors to Take Action Against Deadly Falls

In light of the continuing boom in construction, as well as two recent incidents where workers fell from rooftops, the Department of Labor and Industries urged contractors to take action to protect workers from deadly falls. In the past six …

Ark. to Hold Hearing on P/C Insurer Claims Reports

The Arkansas Insurance Department announced it will hold a public hearing July 27 to determine whether Insurance Commissioner Julie Benafield Bowman should revise and re-adopt Rule and Regulation 61, “Insurer Reports of Arkansas Property and Casualty Claims Experience Pursuant to …

Condon & Skelly Brings Collectible Vehicle Coverage to Texas

New Jersey-based Condon & Skelly, a provider of collectible vehicle insurance for more than 30 years, announced it is now providing coverage in Texas. Condon & Skelly provides insurance coverage for a wide range of vehicles. Among the vehicles covered …

The Combined Group Adds Nonsubscription Underwriter

The Combined Group announced a recent addition to their staff. Stan Opie has joined the Carrollton-based general agency to assume Senior Nonsubscription Underwriting responsibilities with a seasoned team of Nonsubscriber specialists. Opie’s background has been in both the carrier and …

Mich. Auto Rates Up 4% in 2004

The average cost of an auto insurance policy in Michigan increased 4 percent in 2004, according to a study by the Insurance Institute of Michigan. The average auto insurance premium in 2004 was $1,130, compared to $1,086 in 2003, the …