January 25, 2006
National Program Administrator Venture Insurance Programs (www.ventureprograms.com) recently came out swinging with a 30-second video spot on www.insurancejournal.com designed to target agents and brokers with information about Venture’s five lines of business – the golf industry, the hospitality industry, technology, …
January 25, 2006
The Texas Department of Insurance announced enforcement actions taken by Commissioner Mike Geeslin that became final during December 2005. The actions include two license revocations, one license denial and fines and restitution totaling $5,228,742, including a $4 million penalty against …
January 25, 2006
Specialty Underwriters’ Alliance, Inc. has signed a new contract with Westchester, Ill.-based American Patriot Insurance Agency, Inc., a wholesale agency that specializes in roofing contractors. American Patriot provides commercial general liability and commercial auto liability both directly and through retail …
January 25, 2006
The National Association of Insurance Commissioners commended the American Council of Life Insurers this week for agreeing to support a measure to extend consumer protections in the sale of life insurance and annuities. At a recent ACLI meeting, Jim Poolman, …
January 25, 2006
Oklahoma Insurance Commissioner Kim Holland and Attorney General Drew Edmondson are concerned that Oklahoma seniors will fall victim to scam artists taking advantage of the confusion created by Medicare Part D enrollment and implementation, according to the Oklahoma Insurance Department. …
January 25, 2006
The Texas Residential Construction Commission is acting as a “builder protection agency” and has no power to force homebuilders to repair construction defects in new houses, according to state Comptroller Carole Keeton Strayhorn. The agency, formed by legislators in 2003, …
January 25, 2006
A former vice president of a suburban St. Louis title insurance agency pleaded guilty to mail fraud in November and now has been sentenced to six years in prison, according to the Associated Press. Thomas Kurzenberger Jr., used his customers’ …
January 25, 2006
Scalpel-wielding surgeons, klutzy grave robbers, a pretend princess and murderous arsonist were among the eight worst insurance swindlers of 2005, the Coalition Against Insurance Fraud (CAIF) reported. They were elected to the Insurance Fraud Hall of Shame, which spotlights the …
January 25, 2006
Legislation to amend the charter of the Beacon Mutual Insurance Co. to reduce the number of public appointees on the workers’ compensation carrier’s board and clear the way for it to write out-of-state accounts for in-state employers is scheduled for …
January 25, 2006
Connecticut Public Works Commissioner James Fleming has been awarded more than $146,000 in a lawsuit that accused his former employer of discriminating against him when he was a state lawmaker in the 1990s. Fleming, a longtime Republican representative and senator …