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

Ireland Named Calif. Workers’ Comp Institute Associate Research Director

John Ireland has been named associate research director of the California Workers’ Compensation Institute, the Oakland-based nonprofit organization that serves as the research arm of the California workers’ compensation industry. In his new position, he will work closely with Institute …

ICW Group Hires Lettus for Washington Branch

ICW Group has hired Raymond Lettus to become the senior production underwriter of commercial property and catastrophe lines of business, for the branch office in Bellevue, Wash. Lettus will be responsible for the ongoing growth of ICW in the Northwest …

N.C. High-Risk Pool Appears Unlikely to Pass This Session

The creation of a special health insurance pool for thousands of North Carolinians who aren’t insured or can’t afford coverage because of chronic illness likely won’t be heard in the Senate before the session ends. The House approved the high-risk …

Insurance Claim Denied in Chilton County, Ala. Church Roof Collapse

An insurance claim filed in Clanton, Ala. by a Chilton County church that suffered a roof collapse last month has been denied. Alfa Insurance, which issued the policy, denied the claim filed by the Cedar Grove Methodist Protestant Church, The …

Ind. InsureMax Adds New Member to Board of Directors

Ind.-based InsureMax Insurance Company announced that Bob Morgan has become a member of its Board of Directors. On April 1, 2006, Morgan retired from Cincinnati Financial Corp. where he began as an assistant casualty manager in 1966. He rose through …

N.C. Chiropractor Helped Stage Accidents, Treated Patients

A Rocky Mount, N.C. chiropractor who encouraged people to stage car crashes and then seek fake treatment from him has been sentenced to seven years in prison. For about three years, Mark McKinnon cheated insurance companies out of hundreds of …

LWCC Receives Ward’s 50 Designation for Fifth Year in a Row

The Louisiana Workers’ Compensation Corporation announced it has been named to the 2006 Ward’s 50 Group, a distinction that recognizes the 50 top performing property and casualty insurers in America. LWCC was selected from among more than 3,000 property-casualty insurance …

Republic Assists Agents in Moving Texas Select Policyholders

The Republic Group, based in Dallas, announced it is accepting from independent agents policies of former Texas Select customers. The Texas Department of Insurance has mandated that all Texas Select policies will be cancelled by Aug. 24, 2006. Because Texas …

Texas Mutual Pays $100 Million in Policyholder Dividends

Texas Mutual Insurance Company announced it has begun distributing about $100 million in individual dividends. Approximately 34,000 policyholders will receive a share of the dividend payout, the largest in company history. “We’re not talking pocket change,” Kenneth McCown, vice president …

Allstate Says it Can Drop Basic Hurricane Coverage in La.

Allstate Insurance Co. officials say Louisiana state law allows the company to drop basic hurricane coverage for 30,000 policyholders in 18 coastal parishes – a stand that state Insurance Commission Jim Donelon is challenging. The company does not plan to …