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

Nursing Homes, Assisted Living

Nuts & Bolts: Arrowhead Managed Insurance Programs is offering a market for nursing homes and assisted living. Dollars: Minimum deductible SIR of $50,000. Minimum premium, $50,000; policy limits: $1 million to $3 million. Carrier: Lloyd’s of London, rated “A-,” nonadmitted. …

CPIA SOCIETY ANNOUNCES NEW NAME AND LOGO:

The Certified Professional Insurance Agents (CPIA) Society, a national organization dedicated to providing sales training, networking and marketing innovation to insurance professionals, unveiled both a new name—American Insurance Marketing and Sales (AIMS) Society—and logo. The organization awards the Certified Professional …

MINICO INC. LAUNCHES NEW COMMERCIAL INSURANCE TECHNOLOGY SYSTEM:

Phoenix, Ariz.-based MiniCo Inc. has announced the successful implementation of Renaissance, a new browser-based commercial insurance technology system designed to improve customer service throughout the organization’s insurance division. Renaissance was designed and developed jointly with Systems Task Group headquartered in …

MAJORITY OF CALIF. WILDFIRE CLAIMS RESOLVED, SAYS IINC:

A new insurer survey estimates that roughly three-quarters of claims stemming from the devastating October wildfires have been resolved. A poll by the Insurance Information Network of California of insurers representing more than 65 percent of the homeowners insurance market …

IICF-CAPP PRESENTS 5th ANNUAL INSURANCE EDUCATIONAL FORUM:

The Insurance Industry Charitable Foundation— Child Abuse Prevention Program (IICF-CAPP), in partnership with the Mt. Diablo CPCU Chapter, will present their 5th Annual Insurance Educational Forum on April 8 at the Dean Lesher Regional Center for the Arts in Walnut …

FIREMAN’S FUND RECEIVES HIGH MARKS FOR ITS PRIVACY PRACTICES:

The Consumer Federation of California (CFC), a leading nonprofit consumer advocacy group, has awarded Fireman’s Fund Insurance Company an A- for its privacy policy, the highest grade assigned to any property and casualty insurer doing business in California. Northern Calif.-based …

Wyoming Tort Reform Constitutional Amendment Fails

A proposed constitutional amendment to limit damage awards for medical malpractice died in the Wyoming legislature, but other cost-saving measures for doctors and insurance companies remain on the table. The other measures include reimbursing obstetricians for some of their medical …

Former Manning Riddell Employee Speaks Out on Alleged Fraud

Insurance Journal was recently contacted by a former employee of Manning Riddell Insurance Services Inc., the Torrance-based risk purchasing group reportedly under investigation by the California Department of Insurance for allegedly issuing hundreds of bogus errors & omissions policies to …

Agents’ E&O: Crisis or Not’

As an agent or broker, it can be frustrating to reveal an exorbitant price tag on a premium for a client. No one likes to hear that their insurance coverage is difficult to obtain, and if that, at a high …

Steer Your Clients Away from Unnecessary Risks of Sexual Harassment

Despite a heightened awareness, sexual harassment still is pervasive in the workplace. Any instance of sexual harassment is regrettable for the distress it causes the victim. It also means grief for the employer—and for the companies that insure them. Resolving …