Monthly Archives: <span>August 2003</span>

Florida CHOICE Winners Named at Workers’ Comp Conf.

CHOICE Medical Management Services announced the recipients for 2003 of the Florida CHOICE Awards recognizing outstanding workers’ compensation physicians. The awards were presented Aug. 18 at the 58th Annual Florida Workers’ Compensation Institute’s (FWCI) Conference in Orlando. The six winners …

Infinity P&C Corp. Names New Directors

Birmingham, Ala.-based Infinity Property and Casualty Corporation announced the appointment of Harold E. Layman and Jorge G. Castro to its Board of Directors. Layman served as president & CEO of Blount International, Inc., and in several other executive capacities with …

Fla. OIR Approves Lower Workers’ Comp Rates

The Florida Office of Insurance Regulation announced it has approved the revised workers’ compensation rates filed by the National Council on Compensation Insurance. The filing was in response to an order by OIR Director Kevin McCarty, calling for a rate …

Appeals Filed With TDI on Mandated Rate Cuts

Eleven of the largest carriers writing homeowners policies in Texas filed appeals with the Texas Department of Insurance and requested hearings on state-ordered rate cuts. According to the Fort Worth Star Telegram, the eleven companies provide around three-fourths of the …

IIABA Cheers FCC Stay of Onerous Fax Provision

The Independent Insurance Agents & Brokers of America (IIABA) is calling this week’s Federal Communications Commission (FCC) decision to delay implementation of a contentious provision of its “Do Not Fax” rule a “significant victory” for business owners and associations, said …

ACIC Opposes Calif. Privacy Legislation

Financial privacy legislation swiftly passed the California Assembly Aug. 18 and the Senate Aug. 19, and Senate Bill 1 is expected to reach Gov. Gray Davis’ desk for his signature Aug. 20. “Uniform privacy regulation throughout the country is extremely …

Former Calif. Broker Arrested on 10 Counts

A former insurance broker has been arrested on nine felony counts of grand theft and one felony count of forgery totaling $73,990, according to California Department of Insurance (CDI) investigators. Ronald Nhi Bang, 34, allegedly collected premiums from at least …

ABD Insurance & Financial Services Adds McFall to Financial Services Group

California-based ABD Insurance and Financial Services, a provider of global risk management and employee benefits solutions, added Matthew McFall as assistant vice president and D&O broker for the company’s Financial Services Group. McFall will provide Directors and Officers Liability and …

IVANS Expands Agency Interface Solutions

IVANS, Inc., a provider of agency interface solutions, has announced new flexible, Internet-based services and pricing models for interface. IVANS’ new models provide carriers and agents the ability to leverage Internet technology and still realize the benefits of the managed …

Losses from Tropical Storm Bill Estimated at Almost $22M

Louisiana Insurance Commissioner Robert Wooley announced that new and final estimates by the state’s Department of Insurance show Tropical Storm Bill caused nearly $22 million in insured damages in Louisiana. Included in that figure are federal flood insurance claims. Bill …