An emergency rule capping adjuster’s fees at 10 percent of the claim payment has been issued in Florida to prevent Hurricane Katrina’s victims from becoming “gouged” by public insurance adjusters. In addition to limiting fees, the rule contains other consumer …
After many months of gathering data and updating its Web site, www.iiah.org, the Independent Insurance Agents of Houston reported that its “Consumer Search,” to find an agent/type of insurance, and “Member Search” for IIAH members—including the ability to locate another …
On Sept. 1, 2005, the Texas Workers’ Compensation Commission is abolished and the Division of Workers’ Compensation (DWC) begins at the Texas Department of Insurance. This transition is the result of House Bill 7, a major reform bill passed by …
Wichita Falls-based Beacon Insurance Group, which includes Beacon National Insurance Company, First Preferred Insurance Company, Petrolia Insurance Company and Beacon Lloyds Insurance Company, annuounced it has earned a financial stability rating (FSR) of “A,” Exceptional, from Demotech Inc. This level …
M. J. Kelly Company, an insurance brokerage firm headquartered in Springfield, Mo., announced the expansion of its national presence with the opening of a new branch office in Fort Worth, Texas. Managed by Beverly Johnson, the new office provides quality …
Shareholders of Conseco, Inc., Carmel, Ind., re-elected eight directors at the company’s annual meeting. The newly re-elected directors are: * R. Glenn Hilliard, 62, Conseco’s executive chairman, former chairman, chief executive officer and member of the executive committee for ING …
Freemont, Calif.-based Emerging Insurance Brokerage is launching a new Website (http://www.EIBwebsite.com) to provide brokers with access to life/health and property/casualty insurance so that they can better serve their clients. EIB provides network connection with insurance carriers, such as AIG, MetLife, …
Frontier Insurance Company, which was seized by New York officials four years ago, is closer to reopening for business thanks to a recent court decision awarding the New York Liquidation Bureau greater flexibility over its financial position. Superintendent of Insurance …
Realm National Insurance Company, a property and casualty insurer domiciled in New York that wrote mainly workers’ compensation, was placed in liquidation by the Supreme Court of the State of New York on June 15, 2005. Realm was authorized to …
Carl Perry, a 51-year-old Daytona Beach hotel manager has been arrested by the Daytona Beach Shores, Fla. Police Department and charged with trying to hire a hit-man to have his wife murdered and collect on a $500,000 life insurance policy. …
