November 20, 2006
TITLE: FLA. CFO CANDIDATE LEE PRAISES WINNER SINK AUTHOR: By Brian Kern When Tom Lee spoke to Insurance Journal about his defeat in the race to be the next Florida Chief Financial Officer, he complimented his opponent as smart and …
November 20, 2006
UnumProvident Corp. disability insurance company has ended what New York Attorney General Eliot Spitzer called deceptive practices and secret payments to brokers, according to a $15.5 million settlement announced earlier this month. UnumProvident, based in Chattanooga, Tenn., agreed to pay …
November 20, 2006
H.R. 5637, the Nonadmitted and Reinsurance Reform Act, would: — Give sole regulatory and enforcement authority to the insured’s home state for the placement of surplus lines/nonadmitted insurance; — Create a uniform system for the collection and allocation of premium …
November 6, 2006
Motor vehicle crashes involving deer are up by about 19 percent in Washington and Idaho, judging by claims filed with one of the largest insurance companies in the two states. By June 30, 1,629 drivers in Washington and 724 in …
November 6, 2006
Libertarian S.B.A. Zaitoon has jumped into the special election for a Baton Rouge, La., state Senate seat. Zaitoon, fresh off an unsuccessful bid for state insurance commissioner, qualified Oct. 27 and joined physician Bill Cassidy and state Rep. William Daniel …
November 6, 2006
Gillis, Ellis & Baker was founded in 1933 by Gary Gillis, who was joined in the 1950s by his sons-in-law Bill Baker and Dick Ellis. Now under third generation management, the company has 38 employees, nearly $6 million in revenue …
November 6, 2006
Dr. Stephen P. Leatherman, director of the International Hurricane Research Center at Florida International University, in Miami released the Top 10 List that nobody wants to be on: the 10 Most Vulnerable U.S. Mainland Areas to Hurricanes: New Orleans Lake …
November 6, 2006
Following is a ranking of customers’ satisfaction with their homeowners’ insurance company, based on a 1,000-point scale. Amica Mutual (838) Erie (801) State Farm (789) Auto Club of Southern California (782) American Family (777) CSAA (774) Farmers (765) Industry Average …
November 6, 2006
California’s State Auditor’s review of the Department of Insurance’s handling of the Executive Life Insurance Co. estate confirms that appropriate actions have been taken on behalf of policyholders who were harmed by the company’s failure and its subsequent fraudulent acquisition …
October 23, 2006
The Consumer Sentinel database, maintained by the Federal Trade Commission contains more than 1 million consumer fraud and identity theft complaints that have been filed with federal, state and local law enforcement agencies and private organizations. In 2005, the most …