September 22, 2003
Nevada Insurance Commissioner Alice A. Molasky-Arman has approved the request of American Family Mutual Insurance Company (American Family) for an overall statewide increase of 4.4 percent for private passenger automobile insurance. American Family made adjustments to its auto and home …
September 22, 2003
Nothing apparently concentrates the corporate mind so effectively as being named in a criminal complaint. A week after a federal grand jury in Los Angeles issued a sealed indictment which reportedly accused it, and numerous others involved, of criminal fraud, …
September 22, 2003
Now that the two-year anniversary passed us earlier this month, it would be very easy for all of us to go about our business and put in the background the impact of Sept. 11, 2001. Not only did the events …
September 22, 2003
When I first became an insurance regulator in 1999, I was alarmed by the aggressive tone of those who were advocating for a takeover of state insurance regulation by the federal government. At that time, I mentioned to Mike Pickens, …
September 22, 2003
The Republic Group of Insurance Companies, of Dallas, lost its president and chief executive officer, Bruce Robert Milligan on August 30, 2003. Milligan, 47, was at home when he unexpectedly passed away. He was a member of an investor group …
September 22, 2003
Jeff McLaughlin, a producer with Dallas-based McLaughlin Brunson Insurance Agency, was recently named the recipient of the Matt Wells Producer Development Scholarship. The scholarship—established by Insurance Journal publisher Mark Wells in honor of his son, Matt—provides McLaughlin with the tuition …
September 22, 2003
As some in the industry see profits and smoother sailing ahead, other markets are having a tougher time. In a look at the non-profits and public entities markets, Insurance Journal spoke with several experts in those related areas to get …
September 22, 2003
Through its history in Texas jurisprudence, the Stowers doctrine, which creates excess liability for insurers based upon rejection of the settlement demand within limits, has shifted between a restricted concept and a broad base for miscellaneous insurer conduct in defense …
September 22, 2003
The 2002 premium and loss data for Texas provides hope for the future of Texas insurance markets. Here are the highlights in review: • The aggregate loss ratio for all Texas companies for all lines of business was 78.4 percent …
September 22, 2003
The experience of specialty homeowners carrier National Lloyds Insurance Co. illustrates that the fable of the tortoise and the hare is as true today as when Aesop told it to the village children who gathered ’round to hear it ages …