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

The Hartford’s Ayer to be Honored For Support of Public Education

Ramani Ayer, chairman and CEO of The Hartford Financial Services Group, Inc., will be presented this week with the first-ever 2003 Polaris Award for his efforts in support of public education in the city of Hartford. Leadership Greater Hartford, together …

Ficklin Wins Kay Cooper Memorial Scholarship Award

Kimberly Ficklin, a sales and service coordinator with the insurance agency HRH of South Florida in Miami, has won the Kay Cooper Memorial Certified Insurance Counselor (CIC) Scholarship Award. The scholarship award, offered by Professional Insurance Agents (PIA) of Florida …

Former N.J. Chiropractor Pleads Guilty to Health Care Claims Fraud

New Jersey Attorney General Peter Harvey announced that a former Bergen County chiropractor previously convicted of insurance fraud has pleaded guilty to additional charges, including Health Care Claims Fraud for reportedly billing an insurance company more than $1,200 for chiropractic …

N.Y. Department Notes 5% Overall Auto Rate Reduction by State Farm Mutual

New York Superintendent of Insurance Gregory Serio announced that the Insurance Department has approved a State Farm Mutual Insurance Company overall rate reduction of 5% on their private passenger automobile rates which will reportedly benefit thousands of New York’s drivers. …

Fla. Advises Construction Industry: Apply for New Workers’ Comp Exemptions by Nov. 30

Florida’s Chief Financial Officer Tom Gallagher has urged current workers’ compensation exemption-holders in the construction industry to take the necessary steps to file for a new exemption by Nov. 30. All current construction exemptions will expire on Jan. 1, 2004. …

BB&T Insurance Services to Add McGriff, Seibels & Williams

North Carolina-based BB&T Insurance Services, in its largest acquisition ever, said it plans to buy McGriff, Seibels & Williams Inc. of Birmingham, Ala. The transaction, approved by the directors of BB&T Corporation and McGriff, Seibels & Williams, includes $304 million …

Fla. PEO Files Counterclaim Against CNA

Fort Lauderdale, Fla.-based professional employer organization services provider Certified Services Inc. announced that its primary operating subsidiary, Cura Inc., has filed an answer and counterclaim against Continental Casualty Co. (CNA) in their current legal proceedings in U.S. District Court of …

Moody’s: Wildfires Will Hurt Insurers’ Bottom Line

Moody’s Investors Service said in a statement that it does not expect its ratings or outlook on the U.S. personal lines insurance sector as a whole to be impacted solely by the recent spate of California wildfires. Moody’s noted, however, …

Axa Looking for More European Acquisitions

French insurer Axa is seeking further acquisitions on the European continent, but according to a statement by CEO Henri de Castries it is not looking to purchase Italy’s Generali, Reuters has reported. “That is not on the agenda,” he said. …

Insurance Auto Auctions Appoints Nordin as Chief Information Officer

Insurance Auto Auctions, Inc., a provider of automotive salvage and claims processing services in the United States, announced the appointment of John Nordin as the company’s new Chief Information Officer. “We are excited to have someone with John’s knowledge and …