July 5, 2006
A former Montgomery, W.Va. insurance agent has pleaded guilty to one count of embezzlement. Brenda G. Valentine was scheduled to go to trial in Fayette County Circuit Court June 30 on six felony counts, four of forgery and one each …
July 5, 2006
Biloxi, Miss. Mayor A.J. Holloway is shopping for a new insurance policy. Last year, the city took out a business interruption policy two months before Hurricane Katrina struck. Under that policy, which was to cover casino tax revenue for up …
July 5, 2006
More than a year after a father-and-son team from New Zealand were accused of selling bogus automobile policies to taxi and limousine services in Georgia, the father is organizing a class-action lawsuit against the state agency that filed the charges. …
July 5, 2006
The Department of Insurance has announced it is closely monitoring the activities in South Carolina of Florida Select Insurance Co. activities in the state after Florida placed the company into receivership June 30. “We are working closely with the Florida …
July 5, 2006
More than 95 percent of the 2.7 million hurricane claims filed as a result of the last two years’ storms have been settled, according to Florida’s Chief Financial Officer Tom Gallagher, in an update on the progress of the Department …
July 5, 2006
“Forget Me Not Days,” the annual street corner fundraiser of Bankers Life and Casualty Company, has raised more than $130,000 for local chapters of the Alzheimer’s Association. “This is the fourth year of the event and sets new records in …
July 5, 2006
CPCUs can learn about the latest property and casualty insurance topics at the CPCU Society’s 62nd Annual Meeting and Seminars, taking place in Nashville, Tenn., Sept. 9-12. The Society noted that the Annual Meeting’s Property and Casualty Insurance track features …
July 4, 2006
The value of specialization and target marketing in improved insurance performance has been well proven over the past 15-plus years. Ironically, however, a good many target market programs still ignore elements of success and leave real performance potential on the …
July 4, 2006
Program administrators, painfully aware how difficult it can be to get insurance companies to sign on, improve their chances of program success when they tell the complete story of their operations and history, including mistakes made and lessons learned. Carriers …
July 4, 2006
As individuals, the easiest way to see how well you are performing is to compare yourself to others. We all do it from time to time. Likewise, with businesses, comparisons are a very useful tool to check performance. The key …