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

Florida Agent May Have License Pulled

The Florida Department of Financial Services filed an administrative complaint against a Florida agent and is seeking to have his license revoked for allegedly selling bogus insurance policies to at least six businesses in the Sarasota area. The complaint alleges …

Online Registration Available for Ark. Workers’ Comp Conference

The Arkansas Workers’ Compensation Commission reported that electronic registration is now available for its Oct. 8 – 10 educational conference. The conference will be held at the DoubleTree Hotel in downtown Little Rock, and registration for both attendees and exhibitors …

Sunset Looms for the ROC and Texas Monitor

The Texas Research and Oversight Council on Workers’ Compensation (ROC) announced that a Special Edition of the Texas Monitor, and the final one to be published by the ROC, is now available on the ROC website at www.roc.state.tx.us. It contains …

Alliance Reacts to Calif. Privacy ‘Truce’

A truce seems to have been reached in the long-running battle over privacy legislation in California, according to the Alliance of American Insurers. “There is good news and bad news from Sacramento,” said Rey Becker, vice president of property/casualty for …

Former Louisiana Agent Arrested

The Louisiana Department of Insurance announced that a former Hammond insurance agent was arrested and issued a Cease and Desist Order for allegedly misappropriating insurance funds. DOI Fraud Unit investigators served Lee Ponder Yarborough, Jr., with a C&D order at …

AmTrust North America Offers Workers’ Comp Market

AmTrust North America is offering a workers’ compensation market. The market includes: Dollars: Minimum premium of $500. No deductibles. Carrier: Rated “A-“. Technology Insurance Co., Rochdale Insurance Co. Admitted market. States Available: Alabama, Arizona, Arkansas, Georgia, Illinois, Indiana, Kansas, Missouri, …

The Mattei Companies ‘Go Live’ With Sirius

Insurance technology vendor, Sirius Financial Systems, Inc., announced that the latest U.S. MGA to commit to Sirius for MGA’s, The Mattei Companies, have now completed the implementation of the system at their Washington offices and ‘gone live’. Located in Denver, …

Survey Says Two-Thirds of U.S. Renters Live Without Insurance

A new independent consumer survey conducted for the Independent Insurance Agents & Brokers of America (IIABA) has reportedly found that nearly two-thirds of those living in U.S. rental properties are currently risking severe financial loss by going without renters insurance. …

I.I.I. Reports Auto Rates on the Rise; Medical Costs, Repair Costs, Jury Awards, Fraud, Highlight Gains

Rising costs of medical care, vehicle repair, jury awards, automobile theft and fraud are expected to drive up auto insurance rates by six percent in 2004, according to an analysis by the Insurance Information Institute (I.I.I.). The projected increase represents …

WebApp Technologies Unveils ‘WebApp (Home)’ Upload System

WebApp Technologies (www.webapp.net), a division of Additional Benefits Company (ABC), has released its newest product, WebApp (Home). WebApp (Home) is a web-based, point-of sale system that bridges directly from a comparative or proprietary rater, issues all application or policy documents …