ILLINOIS CCC Settles Class Action Suit: Chicago-based claims software-maker CCCInformation Services Inc. and 15 of its customers signed a settlement agreement with the plaintiffs in various class-action suits pending in Madison County, Ill. These consolidated suits, Case Nos. 01 L …
ALABAMA Hurricane Sales Tax Measure Dies An effort was mounted during Alabama Legislature meetings to grant a sales tax break on necessary supplies to prepare for a hurricane but the measure did not pass. Its sponsor Rep. Spencer Collier, R-Irvington, …
Arkansas Conference to Aid Business Leaders The Arkansas Workers Compensa-tion Commission will hold the 18th Annual Workers’ Compen- sation Educational Conference Oct. 12-14 in Little Rock. The AWCC said businesses and their insurance agents are invited to attend the three-day …
WIAA SUBMITS COMMENTS ON LATEST GARAMENDI AGENDA PROPOSAL: The Western Insurance Agents Association submitted comments to the California Department of Insurance opposing yet another over-reaching proposed regulation impacting the insurance industry. Michael J. D’Arelli, vice president, Legislative & Regulatory Affairs …
National Poll Reveals Americans’ Views on Aging: A poll by the MetLife Mature Market Institute conducted by Zogby International shows that 60 percent of Americans believe “old” is age 71 and over, but that 65 percent also wish they were …
MASSACHUSETTS Marsh Clients Urged to Hold Off: Massachusetts insurance customers of insurance broker Marsh & McLennan are being urged to hold off on agreeing to the broker’s proposed settlement by the state’s attorney general. Attorney General Tom Reilly has mailed …
ILLINOIS Segal Sentencing Delayed Indefinitely for Psychiatric Evaluation Former Chicago insurance broker Michael Segal’s sentencing for a federal conviction on 19 counts of fraud and racketeering related to nearly $30 million in missing premium trust funds has been delayed indefinitely. …
ALABAMA 60-Day Notice Required The Alabama Hurricane Issues Task Force headed by Walter A. Bell, Insurance Commis-sioner, has recommended a new regulation that would force insurers to give 60 days notice to policyholders whose insurance will be changed or canceled, …
Arkansas P/C Claims Reports Hearing Scheduled The Arkansas Insurance Department will hold a public hearing July 27 to determine whether Insurance Commissioner Julie Benafield Bowman should revise and re-adopt Rule and Regulation 61, “Insurer Reports of Arkansas Property and Casualty …
WASH. WORK COMP BENEFITS SEE INCREASE OF 0.6%: Workers currently receiving Washington workers’ compensation time-loss or pension benefits will receive a 0.6 percent cost-of-living increase effective immediately. State law requires that maximum time-loss benefits and pensions be recalculated each July …
