Monthly Archives: <span>March 2004</span>

Lockton Founder Dies

Jack Lockton The founder of Kansas City, Mo.-based brokerage Lockton Cos. died March 11. He was 62. At 24, John T. Lockton III took over his mother and father’s insurance agency in Kansas City and turned it into a successful …

Zenith Insurance Company Sues Chiropractor Wu for Unfair Business Practices

Zenith National Insurance Corp. announced that its wholly owned subsidiary, Zenith Insurance Company, has sued San Diego County chiropractor William Wu under California’s Unfair Competition Law for unlawful and fraudulent billing acts and practices. The lawsuit, filed in San Diego …

Calif. Commissioner Wants to Lure Insurers Back to State

Continuing his push to reform the state’s broken workers’ compensation system, Calif. Insurance Commissioner John Garamendi will travel to New York to meet with executives of some of the country’s largest insurers to try to bring more of them back …

Florida Agents, Residents on the Rise

With both agents and residents flocking to Florida, the Sunshine State is on the move. Florida Chief Financial Officer Tom Gallagher, who oversees insurance matters in the state, recently set aside time to talk with Insurance Journal Southeast regarding some …

ACIC Comments on Calif. Workers’ Comp Cost Information

The following is a statement by Sam Sorich, president of the Association of California Insurance Companies (ACIC): Information released by the Workers’ Compensation Insurance Rating Bureau of California is being mischaracterized as a $7 billion mistake. That characterization is not …

American Medical Security Group Completes Ala. Class-Action Lawsuit

American Medical Security Group Inc. (AMS) and plaintiffs’ representatives have reportedly reached an agreement of understanding to certify and settle a class-action lawsuit, Gadson v. AMS, pending in the Circuit Court of Montgomery County, Alabama. The agreement between AMS and …

COUNTRY Insurance & Financial Services Awaits Reg. Approval of Cotton States Insurance Transactions

In an update to definitive agreements announced with Atlanta-based Cotton States Insurance Group in December 2003, COUNTRY Insurance & Financial Services has filed the required Form A with the Georgia Insurance Department to seek approval of the proposed transactions. The …

CIS Notes Availability of Two-Way Integration Between AIM and AMS-Rackley PolicyRater

Custom Insurance Solutions (CIS) announced the availability of integration between Agency Information Manager and AMS-Rackley PolicyRater for all 50 states. The two-way integration seamlessly transfers policy, risk, coverage and premium information between Agency Information Manager and PolicyRater. Patrick McCall, director …

New Jersey Task Force Calls For Mandatory Boat Safety Training and Premium Discounts

A New Jersey legislative task force has recommended that the state mandate safety training for all boat operators. If the state does not do that, it should at least require insurers to provide premium discounts to those who do complete …

Delaware Mulls Dissolving CareFirst Affiliation with Blue Cross

Delaware’s insurance commissioner moved a step closer to dissolving the existing affiliation between CareFirst and Blue Cross Blue Shield of Delaware. Commissioner Donna Lee Williams presided over a hearing to determine whether the Delaware affiliation agreement between the two insurers …