December 28, 2005
Redondo Beach, Calif.-based Bliss and Glennon Inc., a managing general agent and surplus lines broker, has launched a large property department to be headed by Tony Morgan. Morgan has more than 15 years experience in writing large property accounts. To …
December 28, 2005
The U.S. property/casualty insurance industry’s net income after taxes rose 4.4 percent, or $1.2 billion, to $28.8 billion in nine-months 2005 from $27.6 billion in nine-months 2004. Reflecting the industry’s income, its consolidated surplus, or statutory net worth, increased 5.2 …
December 28, 2005
An Indiana physician charged with overbilling Medicaid and an insurance company by about $200,000 for work at his private practice was found dead at a Carmel hotel on December 21, police said. Dr. David B. Kennedy, 55, a Cicero, Ill. …
December 28, 2005
As they head into tax season, accountants are being reminded that well over half of claims against accountants come from client tax work. Findings from a claims study conducted by CAMICO Mutual Insurance Company, which specializes in professional liability coverage …
December 28, 2005
Mercury Insurance Group and the San Diego Police Department have produced “Every 15 Minutes,” a two-day program to teach high schoolers the dangers of drinking and driving. The goal of both Mercury Insurance and the San Diego Police Department is …
December 28, 2005
Washington State Insurance Commissioner Mike Kreidler wants to create a new fraud unit to investigate staged traffic accidents. These can involve a network of lawyers, doctors, chiropractors and physical therapists. Kreidler says he’ll request about $2 million in funding from …
December 28, 2005
Ohio-based Hylant Group reported the addition of Paul Antal as assistant account executive for the team’s Cleveland office. Antal has more than 20 years experience in both the insurance industry and corporate management as a casualty insurance broker and risk …
December 28, 2005
The Foundation for Agency Management Excellence (FAME), an insurance industry educational foundation of The Council of Insurance Agents & Brokers, has identified the three relief agencies in Louisiana and Mississippi that will receive its previously announced grants to aid the …
December 28, 2005
The Texas Department of Insurance Division of Workers’ Compensation is accepting public comment on proposed rules. All proposed rules may be viewed on the TDI Web site and public comment on proposed rules can be submitted to the Division in …
December 28, 2005
Residents of south Mississippi expressed joy upon learning that Congress is providing $29 billion in aid for Hurricane Katrina relief. The package includes $11.5 billion to assist homeowners, with grants capped at $150,000 for owner-occupied homes. The state will deduct …