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

Wildfire Outbreak in Ark. Forces Evacuations, Destroys Homes

Arkansas had its first major wildfire outbreak of the season as at least 43 fires blazed statewide, with one 3,000-acre arson fire in Ashley County that destroyed eight structures and forced evacuations still burning as of Jan. 9. Families living …

Arson Alleged in Texas Wildfires

Texas Gov. Rick Perry has directed the Texas Department of Public Safety, the Texas Parks and Wildlife Department, the State Fire Marshal’s office of the Texas Department of Insurance and the Texas Forest Service to work with local authorities to …

Unlicensed Texas Health Care Provider Sentenced in Fraud Scheme

The Texas Department of Insurance, working in conjunction with the Collin County District Attorney’s Office, recently secured a criminal conviction against Don A. Bauer of Plano for insurance fraud. TDI said Bauer was sentenced to seven years probation, fined $14,000 …

Regulators Release 2005 Market Analysis Scorecard

The National Association of Insurance Commissioners (NAIC) has released its 2005 Market Analysis Scorecard to show transparency and accountability. The scorecard evaluated states on criteria such as the involvement of the state’s Market Analysis Chief and Collaborative Action Designee; a …

Main Street America Expands Policy Payment Choices

The Main Street America Group has expanded its payment choices for policyholders by adding phone and online payment methods, using a credit card, ATM debit card, check card or electronic check. The new service is available 24 hours a day, …

Brown & Brown Promotes Downs to EVP for Leadership Development

Linda S. Downs, a Brown & Brown regional executive vice president has been promoted to the newly formed position of executive vice president for leadership development. According to J. Hyatt Brown, chairman and CEO of the firm, Downs will be …

Lloyd’s Amlin Upbeat on 2005/2006

Lloyd’s insurer Amlin plc has issued a very positive assessment of its 2005 results and is equally upbeat about prospects for 2006. Amlin said it “expects that, in the absence of unforeseen circumstances, its pre-tax profit for 2005 will be …

AIR Worldwide and ISO (U.K.) Open Representative Office in Beijing

AIR Worldwide Corporation and Insurance Services Office Limited, the U.K.-based provider of personal injury claims and anti-fraud insurance services and solutions, announced the opening of the AIR Worldwide Corporation Beijing Representative Office in China. “The opening of our office is …

Lloyd’s Sees Growing Demand for Yacht Coverage

An article on the Lloyd’s Web site (www.lloyds.com) notes that “boat ownership continues to grow at a time when insurers are considering the areas around the world where they are willing to cover yachts and pleasure craft.” Even with an …

S&P Keeps Unipol on CreditWatch

In a comment on its CreditWatch placement of Italian insurer Compagnia Assicuratrice Unipol SpA (Unipol), Standard & Poor’s Ratings Services commented that its “A-” long-term counterparty credit and insurer financial strength ratings will “remain on CreditWatch with negative implications, where …