AP Wire Service Innocent pleas were entered recently for Oklahoma’s insurance commissioner on felony charges of mismanaging two funds—one set up to provide continuing education for insurance agents and one established to buy shoes for poor children. Carroll Fisher, 64, …
A s I made my way around the trade show floor at the Michigan Association of Insurance Agents annual convention last week, I happened into a conversation with an agent while she flipped through the Feb. 23 edition of Insurance …
Since March is Ethics Awareness Month, this seems an appropriate time to suggest that the majority of what passes for “ethics training” is having little or no effect on individual or corporate behaviors. Case in point: Enron, which has become …
The United States Census Bureau’s Census 2000 estimated the population of the State of Virginia at 7,078,515. Approximately 82 percent of the adult residents had graduated from high school and about 30 percent had earned a bachelor’s degree or higher. …
Last fall at a University of Virginia Law School forum on tort reform, some of the nation’s top tort experts agreed there were no easy answers on how to solve the nation’s longstanding love-hate relationship with torts, but they did …
An article in the Feb. 9 issue incorrectly stated that New Jersey carriers have appointed 500,000 new agents since auto insurance reform legislation was enacted last year. Only 500 new agents have been appointed, according to the office of Gov. …
Insurance Services Office Inc.’s (ISO) A-PLUS unit has unveiled a new service insurers can use to cross-check policyholders against a U.S. Department of the Treasury master watch list to ensure that customers are not conducting business with persons and entities …
The MONY Group Inc. postponed the shareholder meeting that was to vote on a merger with French insurance company AXA, after a Delaware court decided that the company must explain the deal better to shareholders. The special meeting to vote …
The New York Senate’s Standing Committee on Insurance, chaired by James L. Seward, R-District 51, held hearings last month regarding growing concerns about insurance fraud, particularly staged accidents, that abuse the state’s no-fault auto insurance system. As summarized in a …
A recent report issued by the Maryland Insurance Administration (MIA) on the use of credit-based insurance scoring found no basis for any conclusion that credit history is skewed toward ethnic minorities or low-income individuals. The study actually indicates that there …
