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

Texas AG Bans Deceptive Advertising by Health ‘Discount Card’ Companies

Texas Attorney General Greg Abbott announced he has stopped two Houston companies from making false promises about the benefits consumers can obtain through the health “discount cards” they are peddling. Family Health and Family Care/NAPP agreed to disclose to consumers …

Marsh Unveils Q2 Report

Marsh & McLennan Companies Inc. (MMC) has reported financial results for the second quarter and six months ended June 30, 2005. Consolidated revenues for the quarter increased 2 percent to $3.1 billion. Net income was $166 million, or $.31 per …

Venture Insurance Programs Appoints McLaughlin to HR Director

Venture Insurance Programs has appointed Kim McLaughlin as director of human resources. In this position, McLaughlin is responsible for providing human resources support and advice to company executives and others throughout the organization, and contributing to strategic planning and implementation. …

AIA: Anti-Tort Reform Group Distorts Data

Still trying to convince Congress that medical liability reform is not needed, an anti-tort reform group has reportedly released another in a long line of poorly designed and poorly executed, trial bar-funded “research” reports on the medical malpractice lawsuit industry, …

AutoOne Insurance Co. Expands

AutoOne Insurance, a division of OneBeacon Insurance Group, announced that, pending regulatory approvals, AutoOne plans to expand its LAD (Limited Assignment Distribution) services to Arizona, Colorado, Montana, Nevada, New Mexico, Oregon, South Carolina, Idaho, Utah, Washington, West Virginia and Wyoming. …

Ebix Inc. Reports Q2 ’05 Revenue Rose 31 Percent; OI Rose 61 Percent

Atlanta-based Ebix Inc., a leading international provider of software services and IT solutions to the insurance industry, reported financial results for the second quarter and six months ended June 30, 2005. Ebix’s total revenue rose 31 percent to $6.1 million …

Brown & Brown Acquires Alliance Insurance Services

Kenneth D. Kirk, regional executive vice president of Brown & Brown Inc., and William A. “Bill” White, president of AAI Inc. d/b/a Alliance Insurance Services, of Canoga Park, California, announced the asset acquisition of Alliance Insurance Services by Brown & …

CNA Financial Corp. Appoints Smith, Fenwick in Pa. Offices

CNA Financial Corporation announced that Michael Smith has joined CNA insurance companies as vice president of its Reading, Philadelphia and Pittsburgh, Pa. branches; and Katherine Fenwick has been appointed underwriting director for the Reading and Philadelphia branches. Smith has almost …

Carmenatti Joins Crawford & Co.

Crawford & Company’s Larry Mattingly, senior vice president of Healthcare Management Services, announced that Jose Carmenatti has been named national account executive for the Southwest region of the U.S. Carmenatti has more than 19 years of experience in the sales …

Sky Adds Benefit Design Agency of Ohio to its Fold

Sky Financial Group Inc. announced the acquisition of B.K.M.’s Benefit Design Agency of Ohio Inc., Findlay, Ohio. Benefit Design Agency specializes in the development, implementation and on-going service of employee benefit programs to employers with 20 to 5,000 employees throughout …