October 28, 2005
Fewer uninsured motorists are driving South Carolina’s roads. State officials credit a crackdown by the state Department of Motor Vehicles. In January, the agency began using a new database of drivers who let their insurance lapse to send letters threatening …
October 28, 2005
Terrie E. Troxel, president and chief executive officer of the American Institute for CPCU and Insurance Institute of America, announced he will resign effective Oct. 31, 2005. An insurance professional and educator, Troxel became the Institute’s fourth president and CEO …
October 28, 2005
Florida Insurance Commissioner Kevin McCarty disapproved a workers’ compensation rate filing from National Council on Compensation Insurance (NCCI) and called for a new filing with a larger rate decrease. In his order, McCarty said he would approve a revised filing …
October 28, 2005
The University of Georgia, in partnership with the American Society of Appraisers, offering the Personal Property Appraisal Certificate Program. The program covers comprehensive personal property valuation in fine arts, antiques, and more. This four-course, sequenced series is offered in Nov. …
October 28, 2005
San Diego County Superior Court Judge George W. Clarke has sentenced Valley Center businessman John Presley to three years formal probation and ordered him to pay $37,669 in restitution to California’s State Compensation Insurance Fund, which insures his business. Presley, …
October 28, 2005
DRI, the nation’s largest defense bar organization, is calling upon the Senate Banking Committee and the House Financial Services Committee to act immediately to place the question of extension of the Terrorism Risk Insurance Act of 2002 (“TRIA”) before the …
October 28, 2005
The Chubb Group of Insurance Companies has launched complimentary luxury risk mitigation services for its high-net-worth and family office customers. Designed to help protect and enhance the affluent lifestyle, these services include access to personal security consultants, travel safety experts, …
October 28, 2005
Insurance brokerage Integro has appointed Linda Pratt as principal, client services for the company’s Chicago office. Pratt has more than 20 years of experience in the insurance industry, most recently serving as SVP risk management casualty team leader, casualty client …
October 28, 2005
Vesta Insurance Group, Inc. announced that its preliminary net loss estimate from Hurricane Wilma for its subsidiary, Florida Select Insurance Company, is expected to be in the range of $4.5 to $8.5 million, after recovery from its 50 percent quota …
October 28, 2005
While backers of an extension of the federal terrorism reinsurance program are still hoping that at least a short term fix will be approved before the Terrorism Risk Insurance Act officially expires at year’s end, others are looking ahead at …