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

ATRA Names U.S.’s 13 ‘Judicial Hellholes’

The American Tort Reform Association (ATRA) released a report, “Bringing Justice to Judicial Hellholes 2003,” identifying 13 jurisdictions where it believes the law is consistently applied unfairly. ATRA said such unfair application of the law results in lawsuit abuse and …

A.M. Best Affirms Financial Strength and Debt Ratings of Odyssey Re

A.M. Best Co. has affirmed the financial strength ratings of A (Excellent) of Odyssey Reinsurance Group (Wilmington, Del.). In addition, A.M. Best has assigned the financial strength rating of A (Excellent) to Hudson Specialty Insurance Company (New York, N.Y.), a …

NACE Conference Extends Its ‘Focused Education’ to Insurers

The International Autobody Congress & Exposition (NACE) 2003 event announced that, for the very first time, insurance agents and licensed staff will be able to earn continuing education (CE) credits at its December conference. The featured CE courses are being …

Commercial Liability Coverage Available in N.Y., But Reportedly Costly, Particularly for Contractors

While more costly for many New York businesses, commercial liability insurance is widely available throughout New York State, according to the New York Insurance Association (NYIA). Addressing a hearing before the New York Insurance Department, Bernard Bourdeau, president of NYIA, …

PIWA Names Officers and Directors

The Professional Insurance Wholesalers Association (PIWA) of New York State Inc. elected its officers and directors during its annual convention on Nov. 6, at the New York Marriott Brooklyn. • Joseph Caligiuri of Cal E&S Brokers Inc. in Bay Shore, …

Ala. Resident Dies from Injuries

Joseph Edward Stafford, 55, of Phenix City, Alabama died Oct. 31 from injuries received during a fire at his home earlier that morning. Investigators with the Phenix City Fire Department and the Alabama State Fire Marshals Office reportedly determined the …

N.C. Workers’ Comp Rate Settlement Avoids Large Increases, Long Negotiates Potential Savings of $92 Million

Despite the industry’s reported request for steep increases in workers’ compensation rates, North Carolina businesses stand to save a potential $92 million due to a lower negotiated rate, Insurance Commissioner Jim Long announced. Long signed a settlement agreement this week …

IEF Approves Pair of Sites for Teachers Institutes

Two additional universities will host insurance education institute programs next summer, following a decision by the Board of Directors for the Insurance Education Foundation (IEF). The University of Central Arkansas will host its first Insurance Education Institute in June at …

Society of Environmental Professionals Forum Meets Nov. 29-30

The Society of Environmental Insurance Professionals Forum will take place Nov. 29-30 in Atlanta. For more information on registering and attending, call (877) 735-0800 or visit www.armr.net

Pickens Promotes NAIC’s Modernization Plan in Congress

Arkansas Insurance Commissioner Mike Pickens told members of the House Subcommittee on Capital Markets, Insurance and Government Sponsored Enterprises that regulating the business of insurance is a function of the states, where it has served consumers effectively and efficiently for …