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

News Currents

Former FEMA director promotes state, federal disaster mediation Federal and state governments need to work with insurance companies to sponsor disaster mediation programs before something happens, before people who have worked all their lives for everything they have, then all …

Fraud Roundup

Ill. Doc, employee face fraud charges A Macomb, Ill. physician and an employee from his office turned themselves in to local authorities after fraud charges were filed against them by the Illinois Attorney General’s office. Dr. Khaled Dabash, 44, and …

News Currents

Ill. Attorney General sues Liberty Mutual for alleged bid-rigging Illinois Attorney General Lisa Madigan filed a lawsuit against Liberty Mutual Insurance Company and seven affiliates, alleging that the company and its affiliates participated in a bid-rigging and business-steering scheme. The …

N.Y. lawmakers disappoint on property insurer; avoid workers’ comp reform

The New York State Legislature’s most recent session will be remembered by insurance lobbyists more for what did not get accomplished than for what did. The Republican-controlled Senate and the Democrat-led Assembly once again missed an opportunity to help calm …

Editor’s Note: Much ado about little

Profit sharing is here to stay and compensation disclosure, if any, should be left up to agents and brokers to decide. Judging from comments at a recent Independent Insurance Agents and Brokers of New Hampshire meeting, the compensation issue has …

N.Y. blasts ‘anemic’ workers’ comp anti-fraud efforts

New York officials have denied a requested 7.5 percent hike in workers’ compensation premiums and criticized what they termed carriers’ ‘anemic’ efforts in combating fraud in doing so. The decision means rates will not be going up in October as …

People The Independent Insurance Agents & Brokers of America (Big ‘I’) has added Thomas C. Koonce as assistant vice president for federal government affairs in its Capitol Hill office. He joins two fellow assistant vice presidents, Brendan Reilly and John …

News Currents

Maryland tends to alcohol training Groups offering state-mandated alcohol-awareness training to bartenders and liquor-store workers would have to provide at least three hours of instruction and give a state-approved test under rules proposed by the Maryland Comptroller of the Treasury. …

Declarations

Return for credit “But we will be back.” Delaware Insurance Commissioner Matthew Denn on the state Legislature’s failure this session to pass his measure restricting the use of credit scores in insurance pricing. Title wave “New Yorkers have been paying …

New Markets

Social Service Program Nuts & Bolts: London American Risk Specialists, Inc. is offering a Social Service Program written by an “A” rated carrier that includes general liability, professional liability, (including sexual abuse/molestation) property, non-owned auto, domestic social services with foreign …