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

Philadelphia Insurance Cos. Offering Product for Fitness & Wellness Studios

Philadelphia Insurance Companies is offering a new product for Fitness & Wellness Studio Operators. The product will focus on storefront risks that offer one-on-one fitness training or group fitness training in the areas of Aerobics, Pilates, Personal Training, Martial Arts, …

Rockwood Offers Calif. EPLI Coverage

Rockwood Programs, a provider of employment practices liability insurance (EPLI) coverage, has added two new markets to serve agents in California. The company has an exclusive distribution arrangement with Genesis Insurance Co. to offer EPLI coverage on an admitted basis. …

Survey Confirms 4th Quarter Spike in Property Insurance Rates Due to Hurricanes

Property insurance rates increased sharply in the fourth quarter of 2005, according to the RIMS Benchmark Survey by the Risk and Inurance Management Society Inc. Reversing a two-year trend of steadily falling property insurance premiums, some commercial insurance buyers saw …

RiskProNet Names Bailer Personal Lines Chair

Sadie Bailey, personal lines manager at SullivanCurtisMonroe Insurance Services LLC, Irvine, Calif., has been named chair of the personal lines practice group for RiskProNet International Inc, a network of 29 independent brokers in the United States and Canada. Bailey, a …

Lexington Enhances Online Risk Management Tools for Employers

Lexington Insurance Company, a member company of American International Group Inc. has expanded its online training capabilities at: www.lexeplhelp.com for customers carrying employment practices liability (EPL) insurance. Launched in 1999 and formerly called www.eplselect.com, the Website was developed to provide …

Florida Didn’t Make Sure Hurricane Payments Were Legit

Florida officials didn’t confirm the legitimacy of some hurricane claims before it paid out more than $150 million as part of an agreement to share the cost with Washington, a state audit has found. As part of a deal in …

Miss. Supreme Court Reverses Ruling, Limits Insurance Liability

The Mississippi Supreme Court has reversed a judge’s ruling that could have left Zurich American Insurance Co. liable for as much as $8 million in claims related to a multi-vehicle accident. The accident occurred on June 20, 2002, in Lauderdale …

Miss. Commissioner Dale: Leader, Follower or Shill?

George Dale walks a tightrope in his job as Mississippi’s insurance commissioner. He is charged with the responsibility of regulating the industry that provides most of his election support while protecting consumers who depend on their insurance companies when disaster …

Citizens Task Force Meeting to Discuss Proposals for Fla. Legislature

The 13 member task force established last year by the Florida to oversee the activities of Citizens Property Insurance Corp. will meet in Tampa Monday and Tuesday to discuss recommendations a preliminary report and discuss preparing a final report to …

Insurance Expert Questions S.C. Workers’ Comp Data, Oversight

An expert for the Department of Consumer Affairs has testified in Columbia, S.C. that the Insurance Department and the National Council of Compensation Insurers have not kept tabs on how insurance companies report information. Martin Simons oversaw insurance rates at …