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

Miss. Reports 71 Percent Mediation Success Rate

Efforts to mediate Mississippi homeowners claims have gone into high gear with initial efforts accounting for a 71 percent success rate, Donna J. Cromeans, a spokesperson for the Mississippi Insurance Department in Jackson, Miss. told Insurance Journal. The mediation program …

Funeral Services Scheduled for Ron Hanna in Gulf Shores, Ala.

Ron Hanna, 55, manager of the Alabama Insurance Underwriting Association passed away Feb. 24. Hanna was a native of Hattiesburg, Miss. and was a resident of Gulf Shores, Ala. Hanna joined the Insurance Department soon after George Dale became Commissioner …

NAMIC Focuses Federal Affairs Agenda on Regulatory and Asbestos Reform

The National Association of Mutual Insurance Companies (NAMIC) – which has more than 1,400 member companies that underwrite 43 percent ($196 billion) of the property/casualty insurance premium in the United States – has set its federal affairs agenda for 2006. …

CSC Surveys Report Cost Savings Opportunity with Electronic Payments

Computer Sciences Corporation made public the results of two U.S. surveys of property and casualty (P/C) insurance customers that reportedly show a large, untapped opportunity for cost control through electronic billing. Conducted for CSC by MarketSearch Corporation, a survey of …

HWAC Providing 10-Point Checklist for Calif. Residents on Home Warranties

Reportedly responding to a high level of interest in home warranty contracts, which are now included in more than 90 percent of home resales in California, and growing consumer inquiries about warranties, the Home Warranty Association of California (HWAC) has …

Calif. Home Inspections for Flood Damage Begin

Damage inspectors from the Federal Emergency Management Agency (FEMA) have begun meeting with California homeowners and renters who registered for disaster assistance after the severe flooding of December and January. FEMA schedules inspections to verify property damage and losses within …

Main Street America Group to Honor Seven Employees

Seven of the Main Street America Group’s leading employees will be honored March 9 in Jacksonville, Fla. They will receive the company’s highest honor by being inducted into its Circle of Excellence, an annual employee recognition program established in 1985. …

Liberty Mutual Group Chairman Pleased with 2005 Numbers

Liberty Mutual Group reported net income of $253 million and $1.027 billion for the three and 12 months ended Dec. 31, 2005, respectively, representing decreases of $312 million and $218 million from the same periods in 2004. Results in the …

Calif. Expands Low-Cost Auto Program to Three Counties

California Insurance Commissioner Garamendi has announced the expansion of the California Low Cost Automobile Insurance program to Sacramento, San Joaquin and Contra Costa counties. The announcement follows his final determination that the program, which provides eligible low income good drivers …

Pair Convicted in Calif. for Workers’ Comp Insurance Fraud

California Insurance Commissioner John Garamendi announced the convictions of two suspects, Wade Peebles, 55, and Gigi Peebles, 41, for workers’ compensation insurance premium fraud, payroll tax fraud and conspiracy, following a California Department of Insurance (CDI) Fraud Division investigation. The …