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

Underwriting the Guessing Game of EPL Premiums

The apparent inconsistencies in the way underwriters quote Employment Practices Liability (EPL) can drive anyone crazy. We all understand why an applicant with 50 employees would get a different premium than one with 500 employees, but why do you get …

The Desert Climate of Agency E&O

As an agent or broker, there’s no doubt in your mind that E&O coverage is hard to come by. But is E&O for agents in crisis proportions or is it still within reach? That depends on whom you ask. Some …

Tillinghast Survey Shows D&O Premiums Up 33 Percent Then Leveling Off

Employment Practices Claims Now Driving Force Behind D&O Losses and Coverage Need Directors and officers (D&O) liability insurance premiums increased approximately 33 percent on average from 2002 to 2003, according to the Tillinghast business of Towers Perrin’s 2003 D&O Liability …

AIA Addresses Actions Taken by State Commissioners’ Working Group on Credit Scoring Use

According to the Washington, D.C. office of the American Insurance Association (AIA), a state insurance regulator’s working group is being pressured by the National Association of Insurance Commissioners (NAIC) to develop “best practices” that would apply to insurance company use …

CNA Insurance Selects Crawford & Company for Claims Handling Services

Atlanta, Ga.-based Crawford & Company was recently named as one of three national service providers to offer property, casualty, and workers’ compensation claims handling to CNA Insurance Companies. “Crawford is honored to be chosen as the primary provider for such …

Zurich North America Names Taylor as President of Financial Enterprises Center

Zurich North America announced the appointment of Christopher A. Taylor as president of the Financial Enterprises profit center. In this capacity, Taylor will lead efforts to further strengthen the company’s position in the financial institution and related financial services industry. …

Privatization of Utah Workers’ Comp Fund Fails as Legislature Adjourns

Private insurers won a victory this week as legislation to privatize the Utah Workers’ Compensation Fund (WCF) died in the final hours of the 2004 Utah legislative session. However, the defeat of this legislation (SB 165) does not resolve the …

Calif. Attorney Sentenced in Alleged Auto Fraud Ring

A five-year undercover investigation into a staged auto collision ring came to a conclusion Friday with the sentencing of the final attorney implicated by the joint efforts of the California Department of Insurance (CDI) Fraud Division and the Federal Bureau …

Promotions at Yates & Associates Santa Ana Office

Santa Ana, Calif.-based Yates & Associates announced the promotions of Barbara Parker-Hatch and Alex Zardeneta. Parker-Hatch was promoted to executive vice president. Formerly she was vice president of operations at Yates. She will continue many of her previous duties, which …

Arkansas Negotiates Payment of TRG Claims

Arkansas State Insurance Commissioner Mike Pickens announced that agreements have been reached regarding the payment of outstanding claims that Arkansas insureds had thought could remain unpaid by TRG. Agreements have been reached regarding enrollees in the health plan of TRG …