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

Don Friedman Elected PLAN President

Donald A. Friedman has been named president of the Monterey, Calif.-based Professional Liability Agents Network (PLAN). PLAN is a national nonprofit organization of insurance agencies specializing in risk management and loss prevention programs for architects, engineers and environmental consultants. Friedman …

Garamendi Drops Workers’ Comp Advisory Pure Premium Rate 14.9 Percent

In an effort to provide relief to skyrocketing workers’ compensation premiums in California, Insurance Commissioner John Garamendi lowered the advisory pure premium rate by 14.9 percent, a shift that would return premiums to July 2002 levels. The announcement comes on …

Ohio Casualty’s 3Q Nets $17.2 Million

Fairfield-based insurer Ohio Casualty Corp posted a third-quarter profit of $17.2 million, or 28 cents per diluted share, compared with a year-ago net loss of $69.9 million, or $1.15 per diluted share. Across all lines, the company posted a statutory …

Alliance: Ill. Pols Should Drop Auto Insurance Database Idea

The Alliance of American Insurers has urged Illinois legislators to permanently shelve plans to create a database to track the validity of personal automobile insurance coverage. The proposed database would be administered through the Secretary of State’s office and would …

Baldwin & Lyons Declares Dividends

Indianapolis-based insurer Baldwin & Lyons Inc. announced that at its quarterly meeting, the board of directors declared the regular quarterly dividend of 10 cents per share on the company’s class A and class B common stock. In addition, the board …

Westfield Appoints Joyce as CEO

Robert J. Joyce was appointed as chairman of the board of directors of Ohio Farmers Insurance Co. In this capacity, he will lead Westfield Group, which includes Westfield Insurance, Westfield Financial Company, and Westfield Bank. In addition to chairman of …

NAMIC Names New VP of Public Affairs

The National Association of Mutual Insurance Companies (NAMIC) has named Steve Fushelberger vice president of Public Affairs. Fushelberger reportedly brings extensive public affairs, media relations, advertising and marketing knowledge of consumer and business-to-business products in regulated environments from both the …

CEI Selects ADP’s Web-Based Management Application

ADP Claims Services Group, a provider of integrated business solutions for the property and casualty, collision repair and automotive recycling industries, announced an agreement with The CEI Group Inc. (CEI), a provider of vehicle accident and risk management services for …

Alliance Urges Congress to Settle Differences on FCRA Before it Expires

Following the Senate’s 95‑2 approval of S 1753, the Alliance of American Insurers urged quick action to resolve differences between the House and Senate versions of the Fair Credit Reporting Act (FCRA) renewal. “Senate passage of legislation permanently reauthorizing those …

Agents Tout Pragmatic Reforms During House Hearing

Former Independent Insurance Agents & Brokers of America (IIABA) President Tom Ahart and Ronnie Tubertini, chairman of IIABA’s Government Affairs Committee, on Thursday provided their perspectives on the current framework of insurance regulation to a House panel and urged members …