July 24, 2006
The AAMGA is an international trade association comprised of 503 member agents, brokers, insurance, captive and reinsurance companies, Lloyd’s of London syndicates and underwriters, state stamping and surplus line offices and related entities all engaged in the wholesale insurance marketplace …
July 24, 2006
Arbitration Allstate Insurance Company v. Great American Insurance Company (Super. Ct. N. J. June 15, 2006) Ruling: Insurance company could contest adverse arbitration finding where plaintiff insurance company improperly served demand for arbitration to incorrect address. Further, the incorrect policy …
July 24, 2006
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 civil complaint, filed in Cook County Circuit Court, alleges …
July 24, 2006
The names, birthdates and Social Security numbers of about 1,200 Allen County government employees were on a computer stolen from an insurance company office, officials said. Several Allen County employees received letters from Medical Excess LLC, telling them a file …
July 24, 2006
Professional Liability ProgramTITLE: Nuts & Bolts: London American Profess- ional Liability program designed for a diverse set of professions, including many types of consultants, insurance services, media and real estate classes. Coverage is offered on both a primary and excess …
July 24, 2006
Analyzing the economic rhymes and reasons of soft and hard market cycles in the insurance industry would make for a challenging university-level business course. Theories abound on why and when these cycles occur, but no matter how analytical or strategic …
July 24, 2006
Suburban Chicago-based Property Casualty Insurers Association of America appointed Genio Staranczak as its chief economist. Dr. Staranczak will be responsible for economic analysis on the full range of public policy issues facing the industry. He will incorporate analyses of the …
July 24, 2006
Identity-related fraud is a virulent crime, with 3.5 times the aggregate losses of all property crimes, such as burglary, larceny and vehicle theft, reported last year. In today’s technology information driven society the threat is even greater, and it’s only …
July 24, 2006
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 of a sudden, within minutes, they lose all …
July 24, 2006
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 …