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

LDI Employees Face Fraud Charges

The Louisiana Department of Insurance announced that two department employees have been arrested for Public Bribery and Conspiracy to Commit Public Bribery. According to the LDI, in February 2001 the Louisiana State Police Insurance Fraud Unit received information from the …

LDI Employees Face Fraud Charges

The Louisiana Department of Insurance announced that two department employees have been arrested for Public Bribery and Conspiracy to Commit Public Bribery. According to the LDI, in February 2001 the Louisiana State Police Insurance Fraud Unit received information from the …

Texas Mutual Expands Scholarship, Assistance Programs

Texas Mutual Insurance Company announced that it is increasing its scholarship assistance program. The program will pay up to $4,000 for tuition and fees and up to $500 for course-related books and supplies, per semester or equivalent, to qualifying individuals. …

Russell Bond & Co. Announces Promotions

Buffalo, NY-based Russell Bond & Co. (RBCO), a regional Excess & Surplus Insurance Wholesaler and Managing General Agent, announced the promotion of three executives: Tonya C. Hollederer, Anthony Ambrose, and Jeffery Latke. The bulletin said the promotions gave recognition to …

Best Affirms Ratings on Lloyd’s Syndicates 570, 609 and 382

A.M. Best Co. announced that it has affirmed the ‘A-‘ (Excellent) rating of Lloyd’s Syndicate 570 and the ‘A’ (Excellent) ratings of Syndicates 609 and 382. Syndicate 570 is managed by Atrium Underwriters Limited. Best said the outlook was positive …

Best Assigns Ratings to Aviva and Subsidiaries

A.M. Best Co. announced that it has assigned an “a-” Issuer Credit Rating to Aviva Plc. It has also given an ‘A’ (Excellent) financial strength rating to CGU International Insurance Plc. and Norwich Union Insurance Limited respectively, and an ‘A-‘ …

Allstate, Encompass Seek $17 Million in N.J. Fraud Lawsuit against Chiropractors, Related Co.’s

Allstate New Jersey Insurance Company and Encompass Insurance announced that they have filed a multi-million dollar civil complaint, under the New Jersey Insurance Fraud Prevention Act, in the Superior Court of Morris County against Scott Greenberg, D.C., a Central New …

Fair Isaac Plans to Hold InterACT 2004 in Prague

San Rafael Calif.-based Fair Isaac Corporation announced that it will host InterACT, a major conference on business analytics and its applications, on April 27-30, 2004 in Prague, Czech Republic. “The Prague InterACT conference will feature a content-rich agenda of presentations …

AIA Praises Central American Free Trade Agreement

The American Insurance Association noted that a new free trade agreement with Central American nations, which is expected to be presented to Congress early next year, “will encourage economic growth and help U.S. insurers expand.” In the statement, issued Wednesday, …

Insurance Media Association Elects van Aartrijk President; Angelone and DeMartine Also Named to Offices

Peter van Aartrijk Jr., CIC, a marketing communications professional with 20 years of experience in the insurance industry, has been elected the first president of the Insurance Media Association. Walter Podgurski, chairman and CEO of the Insurance Media Association, also …