January 19, 2006
The National Association of Mutual Insurance Companies (NAMIC) said it will oppose a Colorado bill that would mandate emergency medical care coverage because it will increase the number of uninsured drivers, increase rates, and adversely impact low-income consumers. SB 19, …
January 19, 2006
Mayor C. Ray Nagin reported on Thursday that the City of New Orleans has entered into a Consent Decree regarding the demolition of homes and property damaged by Hurricanes Katrina or Rita and deemed to be in imminent danger of …
January 19, 2006
RLI Corp. has promoted Carol Denzer to vice president, chief information officer, and Chad Berberich to assistant vice president, reinsurance and catastrophe management. Denzer, a graduate of St. Cloud State University, began her RLI career in 1987 as a reinsurance …
January 19, 2006
Philadelphia Insurance Companies is broadening the eligible classes for its condominium product to include office park condominium complexes. Available coverages include Property, General Liability, Automobile, Garagekeepers and Umbrella. General Limits up to $1.0 million/$3.0 million are available. Umbrella Liability Limits …
January 19, 2006
Cincinnati-based American Financial Group Inc. reported that Piyush Singh has been named vice president of the company. In his new role, Singh will have responsibility for information technology services for AFG’s property and casualty insurance operations and a number of …
January 19, 2006
Aon Construction Services Group reported the appointment of Phil Shaw as director, Surety. In this role, Shaw will be responsible for primary account management duties on commercial and contract accounts for the Dallas office, syndication and placement of surety risks, …
January 19, 2006
On Jan. 9, 2006, the Supreme Court of New Mexico upheld arson exclusion language by ruling that “vandalism and malicious fraud” includes acts of arson. “The Battishill v. Farmers Alliance ruling recognized the clear language of the exclusion, and that …
January 19, 2006
James Lee Witt, former FEMA director and co-chair of ProtectingAmerica.org, told the members of the Task Force on Long-Term Solutions for Florida’s Hurricane Insurance Market on Thursday that there is an urgent need for a comprehensive, national response mechanism for …
January 19, 2006
The Florida Office of Insurance Regulation has issued a consent order requiring 10 American International Group companies to transmit financial data required by statute, to pay administrative fines and costs of more than half a million dollars and to fully …
January 19, 2006
A Bogalusa, La., insurance agent was arrested and issued a cease and desist order for alleged felony theft and withholding of insurance premiums, the Louisiana Department of Insurance said. The DOI ordered Patricia Morvant, 51, to stop engaging in the …