Maine News

NAII Urges Texas Supreme Court to Overturn Diminished Value Ruling

The National Association of Independent Insurers (NAII) is urging the Texas Supreme Court to review and overturn a lower court ruling requiring personal automobile insurers to pay diminished value under the terms of an insurance policy. In the case of …

Copart Opens Facility in Springfield, Missouri

Copart, Inc. announced that it has opened its second auction facility in the state of Missouri in the southeast section of Springfield along Interstate 60. Willis J. Johnson, Copart’s CEO stated that, “The new facility will allow us to better …

AgentSecure Acquires Exclusive Endorsement of Two-Thirds of State IIABA Affiliates for Small Commercial Program

AgentSecure, a division of InsureZone that provides agents with online access to big-brand property/casualty and life products through a single-entry, multiple-company interface (SEMCI), has received exclusive endorsements from three more state-based organizations affiliated with the Independent Insurance Agents & Brokers …

Allenbrook, Blue Cod Release Out-of-Sequence-Endorsement Product

Allenbrook Inc., a Brunswick, Maine-based provider of automation and consulting services for the property/casualty insurance industry, and Blue Cod Technologies Inc., a Worcester, Mass.-based provider of customer service and work management software solutions, announced the release of Blue Cod’s automated …

NAII Supports Maine Workers’ Comp Threshold Increase

The National Association of Independent Insurers (NAII) announced support for an actuarial report urging an increase of the threshold of access to permanent workers’ compensation benefits by Maine employees. During the 2002 legistative session, state lawmakers responded to a Maine …

PIANH Announces 2003 Annual Conference

The Professional Insurance Agents of New Hampshire Inc. (PIANH) announced the date for its 2003 annual conference, to be held May 21, 2003 at the Marriott Courtyard and Grappone Conference Center in Concord, N.H. Last year nearly 100 insurance industry …

Mo. Insurance Director to Hold Hearing on Increase in Med-Mal Costs

Missouri Department of Insurance Director Scott B. Lakin announced that he will hold a public hearing on Oct. 30 to examine why medical malpractice insurance rates for the state’s doctors are rising sharply despite market indicators to the contrary. The …

FINEOS to Supply Aviva’s Delta Lloyd with Claims Management System

Ireland’s FINEOS Corp., which conducts business in the U.S. from Portland Maine, announced that it has agreed to supply Delta Lloyd in the Netherlands, a division of the U.K. ‘s AVIVA plc (formerly CGNU), with its “multi-channel intake and claims …

STATES PRAISED FOR REACHING RECIPROCITY GOAL FOR PRODUCER LICENSING

State legislatures in more than the required 29 states recently met reciprocity requirements for producer licensing laws under the Gramm/Leach/ Bliley Act. The National Association of Insurance Commissioners (NAIC) approved the states’ certification during a recent interim conference call, beating …

Insurers Praise States for Reaching Reciprocity Goal for Producer Licensing

State legislatures in more than the required 29 states recently met reciprocity requirements for producer licensing laws under the Gramm/Leach/Bliley Act. The National Association of Insurance Commissioners (NAIC) approved the states’ certification during a recent interim conference call, beating the …