Yearly Archives: <span>2001</span>

Asbestos Claims: ‘The Shroud’ Over the Industry

Jim Hickey, the founder of the Environmental Insurance Agency in Portland, described environmental claims in general and asbestos claims in particular as “the shroud over the industry,” or harbingers of impending doom. Hickey, like everybody else, expected asbestos-related claims to …

Fear of the Unknown: The Mold Issue Raises More Questions Than Answers, Part I

Editor’s Note: This is the first of a two-part series dealing with the rising issue of toxic mold claims. These days, an Internet news search on the word “mold” will bring up numerous articles testifying to the fact that mold …

American Agents Alliance to Stir Up Ideas at 2001 Conference & Expo

A two-day “Agency Management Training Camp” is among the highlights of the American Agents Alliance 2001 Conference & Expo, to be held Sept. 19-23 at the Westin Mission Hills Resort in Rancho Mirage, Calif. The two-day camp, which will be …

AIA Comments on Legislative ‘Highlights’ of Calif. Session’s Final Weeks

As the West Coast heads into the “dog days of summer,” the California Legislature commenced the final four weeks of its 2001 session on Aug. 20. To mark the occasion, the American Insurance Association (AIA) recently held a briefing to …

Battle for Reliance Assets Heats Up

The fight for Reliance Insurance Company’s (RIC) assets between the Pennsylvania Department of Insurance (PDI), which took over the failed insurer last June, and the creditors and investors of its parent company, Reliance Group Holdings (RGH), which has filed for …

Politics Can Lead to Bumps in the Road for Auto Insurance

Overregulation in the auto insurance industry may be an accident that has already happened in some states; but regulators can look to other states as examples of how regulatory requirements can be uniform and yet flexible to accommodate the needs …

POLIS Strikes Partnership with Durham & Bates, Xenium Resources

POLIS, a technology company pioneering cost- and time-efficient workplace compliance solutions, has formed strategic partnerships with Durham & Bates Insurance Brokers and Agents, a regionally based insurance brokerage, and with Xenium Resources, a human resources outsourcing/professional employer organization (PEO). The …

Sacramento Woman Arrested at Pre-Trial Hearing

Investigators from the California Department of Insurance (CDI) Criminal Investigations Branch, Fraud Division, arrested a Sacramento woman on four felony counts of insurance fraud. Debra Rodriguez, 48, was arrested while attending a pre-trial hearing at the Workers’ Compensation Appeals Board …

Washington Women to Benefit from Ruling

Beginning in September, insurance companies will be required to provide coverage for most forms of birth control under a proposed rule a state regulator said is all but complete. According to a report in The News Tribune, some 200,000 women …

S&P Assigns ‘R’ Rating to First Nevada Insurance Co.

Standard & Poor’s assigned its ‘R’ financial strength rating to First Nevada Insurance Co. (FNIC). Standard & Poor’s took this rating action after learning that Judge Janet Berry of the Second Judicial District Court of the State of Nevada issued …