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

Allstate Names Encompass President

Cynthia Hardy Young has been appointed president of Encompass Insurance. She replaces Douglas Wendt, who announced his decision to retire after 32 years of service. Young joined Allstate in October, 2005 as the assistant vice president of product operations for …

PIA of Ga. Legislative Reception Highlights Less Government Involvement, Pending Bills

Support for the insurance industry and desires for less government involvement in an already highly regulated industry were emphasized by featured guests attending the Jan. 10 Seventh Annual Legislative Reception sponsored by the Professional Insurance Agents of Georgia in Atlanta. …

Judge Hands State Setback in R.I. Lead Paint Lawsuit

A judge dealt a potential setback Wednesday to the state’s landmark lawsuit against former makers of lead paint, preventing two key witnesses from testifying about how much has been spent to combat the problem in Rhode Island. The dollar figures …

Thrown Shrimp Blamed in Death of N.Y. Restaurant Patron

The family of a 43-year-old Long Island, N.Y. man is seeking $10 million in damages, claiming he died months after ducking a flying shrimp tossed by a hibachi chef at a Japanese steakhouse. Attorney Andre Ferenzo said in opening statements …

THOMCO Childcare Program Improves Student Accident Coverage

THOMCO’s Childcare Choice, the Nation’s Leading Program for childcare insurance has recently expanded their student accident coverage to offer higher limits at Lower rates. Childcare Choice has been endorsed by the National Child Care Association since 1990. Student Accident Coverage …

S.C. Gov. Sanford, PCI, Emphasize Workers’ Compensation Reform

The effort to implement comprehensive reform of the South Carolina workers’ compensation system took important steps forward this week as legislation was filed in the House and Senate and Gov. Mark Sanford expressed his support for these much need initiatives. …

N.D. Employers to Receive $46M in Workers’ Compensation Premiums

For the 2005-06 premium year, North Dakota employers are reportedly enjoying the benefits of an estimated $46 million in premium dividend credits from Workforce Safety & Insurance (WSI), the state’s workers’ compensation organization. Since July 1, 2005, nearly $20 million …

NAS Names Richard Robin President

Encino, Calif.-based NAS Insurance Services has appointed Richard Robin as president. He will be responsible for overall operations, including underwriting, marketing and administration. Ed Robin will continue to serve as chairman and will remain responsible for overall management and direction …

Garamendi Reports Workers’ Comp Insurers’ Filings Show 37.7% Drop in Rates Since 2004

California Insurance Commissioner John Garamendi reported Thursday that insurers, since the workers’ compensation system reforms went into effect in January 2004, have decreased the rates they file with the Department of Insurance by a cumulative 37.7 percent. A list of …

Cambridge General’s Market Reduces Apartments Rate

California based Cambridge General Agency is offering a market that is rolling back rates on apartments in California. According to the company, if the policy is written on a package basis it may qualify for additional credit. Available coverage options …