Monthly Archives: <span>January 2006</span>

Former Kansas City cop pleads guilty in insurance fraud scheme

Todd Graves, U.S. Attorney for the Western District of Missouri, reported that a former Kansas City, Mo., police officer pleaded guilty in federal court recently to a scheme to collect insurance on a fraudulent stolen car claim. Michael J. Galley, …

In recruiting, qualify before you sell

Editor’s note: This is the third in a series of articles offering “best practices” suggestions for the hiring process in the independent agency. More information is available at iiat.org under Agency Management. In the first article of this series (Insurance …

Michgan commissioner extends time for motorists to sue

Michigan’s Insurance Commissioner Linda Watters is prohibiting auto insurers from setting limits on the amount of time people can sue. Watters, who heads the Office of Financial and Insurance Services, recently announced that she has issued an order that would …

Insurers’ proposal would have state switch to file-and-use rate system

N.Y. insurers to seek an end to price controls in 2006 Insurers in New York State will lobby to end price controls on personal and commercial lines policies in the coming year. Their proposal would retain other aspects of state …

Plymouth Rock Assurance Corporation, a Boston-based auto insurer, has appointed Matthew H. Cronin as senior marketing representative and Sean P. Farrelly as marketing representative, both in Connecticut. Cronin will provide sales and marketing support to Plymouth Rock agents in Middlesex …

From pinstripes to prison stripes: Near North’s Segal on life behind bars

Former Chicago insurance broker serving time for fraud appears on TV; Is movie next? Once you get over the fear … you find that people are just people,” Michael “Mickey” Segal, 63, told an ABC-TV news anchor regarding concerns about …

Routine maintenance not covered by labor law, N.Y. court rules

In a recent case involving millions in potential damages, the Supreme Court of the State of New York (County of Nassau) ruled that an employee who was involved in routine maintenance was not entitled to certain protections under New York’s …

New Markets

Business Owners and Nuts & Bolts: CNA introduced CNA Connect for small business customers that will combine the company’s former business ownersí policy and commercial package policies into one broad flexible product. CNA Connect will provide agents with access to …

Days of ‘arrogance’ over, claims UnumProvident CEO

Problems including lawsuits, stock losses and negative publicity have created a humbler UnumProvident Corp. that is emerging from its financial troubles as a stronger company, the company’s chief executive says. The nation’s largest disability insurance company has been cleansed of …

Hurricane contractors: Working without a safety net

For the clean up of New Orleans in the wake of Hurricane Katrina to progress, contractors engaged in this important work must be adequately protected from long-term and uncertain liabilities. As insurance brokers, we at Willis work with our clients …