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

Montana Inks Small Business Health Insurance Contract

Montana sealed a deal with the state’s largest health insurer Thursday to offer affordable group coverage to small businesses that enroll in a new insurance pool. The pool is part of a $13 million state program called “Insure Montana” and …

Wash. House Passes Gay Civil Rights Bill, Bans Discrimination in Insurance

The Washington State House has passed a gay civil rights bill, sending the measure to the Senate. Under the bill, ‘”sexual orientation” would be added to a state law that bans discrimination in housing, employment and insurance. Businesses with fewer …

United America Indemnity Consolidates Subsidiaries; Morris New President

United America Indemnity, Ltd.’s board of directors has selected Joseph F. Morris as its president. The company will also consolidate its two U.S. insurance subsidiaries, United National Group and Penn-America Group, under a single United America Insurance Group management structure …

Calif. Bill Would Require Insurers to Report Community Investments

Legislative action has occurred on California Assembly Bill 925. The bill would require insurers to report biannually to the insurance commissioner their community development investments. When it was initially introduced, AB 925 would have required insurers to invest 1 percent …

Calif. Alliance Sets 2006 Agenda

The Alliance of Insurance Agents and Brokers Board of Directors recently adopted a strategic plan for the association at its first 2006 meeting in Pomona, Calif. Among the plans are to: *Pursue an aggressive membership growth campaign; *Provide free agency …

Ark. Workers’ Comp 2006 Education Conference to be Held in March

Arkansas Workers’ Compensation Commission announced that its Annual Educational Conference, being held for the first time in conjunction with the Arkansas Self-Insurers Association’s 2006 Spring Fling, is scheduled this year for March 29-31. Alan McClain, AWCC chief executive officer, explained …

Baylor University Endowed Professorship Honors Texas Agent

Bill Bailey, founder of Bailey Insurance & Financial Services in Waco, Texas, was honored recently with the establishment of the Bill Bailey Endowed Professorship of Insurance & Risk Management in Baylor University’s Hankamer School of Business. On the occasion of …

La. Lawmakers Grill Insurers Over Slow Claims Process

Louisiana state lawmakers have been fielding complaints – from constituents, family and friends – over how long it’s taking to get paid on claims filed due to Katrina and Rita and on Jan. 20 took turns grilling insurance company representatives …

$101M Puts Progressive’s Lewis on Top Among Princeton Donors

For Peter B. Lewis, the Cleveland philanthropist and chairman of Progressive Insurance, even donating to one’s alma mater is about doing it better than the last guy. The 72-year-old Lewis, a 1955 graduate of Princeton University, has given the school …

Despite Rising “Cyber Crime” Threat Available Coverage Often Ignored

While most companies are well aware of the threats “cyber crime” poses to their computer systemsand data bases, many of them remain unaware of the availability of coverage to help deal with the damages caused by attacks after they’ve occurred. …