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

PAULA Financial Announces Reinstatement of Cash Dividends

PAULA Financial announced the reinstatement of a quarterly cash dividend in the amount of $0.015 per common share. The dividend will be paid to holders of record as of June 8, 2004 and will be distributed on June 28, 2004. …

HomeInfoMax Adds New Features to Web site

HomeInfoMax, an online real property and ownership information provider has added several new features to its Web site. The recently restructured and redesigned interface now offers several new tools and features intended for individual and corporate use. The geographical coverage …

Employers Insurance Co. of Nevada Re-elects Sande, McKinney-James to Board

Employers Insurance Company of Nevada (EICN) has announced the re-election of two members of the company’s Board of Directors. John Sande and Rose McKinney-James were re-elected to additional three-year terms as Board members. Sande, a partner in the Nevada law …

NAIC Comments on A.M. Best Insurer Solvency Study

A recently published study by the A.M. Best Company, titled Best’s Insolvency Study: Property/Casualty U.S. Insurers, 1969-2002, provides further evidence that the national system of state-based insurance regulation has been increasingly effective in protecting policyholders and decreasing the effects of …

California Commissioner Recommends 20.9 Percent Decrease in Workers’ Comp Rates

California Insurance Commissioner John Garamendi has recommended that California workers’ compensation insurers lower their rates by 20.9 percent for policies issued or renewed on or after July 1, 2004. Garamendi’s advisory pure premium rate recommendation does not bind insurers to …

London American General Agency Appoints Meeker as No. Cal Marketing Representative

London American General Agency Inc. has announced the appointment of Ken Meeker as marketing representative for Northern California. Previously, Meeker held the position of underwriter in London American’s San Diego office, where he handled a number of programs with a …

ACT Unveils Agent-Broker ‘One-Stop’ Web Site for Real-Time Interface Information

The Agents Council for Technology (ACT) is announcing ACTtech, a new Web-based service that enables independent agents and brokers to assess the latest real-time interface technology solutions that vendors and carriers are offering or developing. ACTtech can be accessed by …

PCI: La. Work Comp Bill Would Create ‘Open Season’ on Businesses; Bill Heads to Full House

In a 6-2 vote this week, the Louisiana House Civil Law Committee approved Senate Bill 672, which would create a new cause of action against employers and would open the floodgates for lawsuits, according to the Property Casualty Insurers Association …

Venture Programs Names Snage Senior VP

Venture Programs (www.ventureprograms.com), a provider in the design and underwriting of select industry-focused insurance packages, has named Louis Snage Jr. senior vice president for its southeast and south central regions. Snage has 33 years of insurance experience, including senior leadership …

TWCC Presents Fort Worth Educational Seminar

The Workers’ Health and Safety division of the Texas Workers’ Compensation Commission will present a one-day educational seminar on Accident Prevention Planning, on Wednesday, June 23, from 8 a.m. to 5 p.m. Registration begins at 7:30 a.m. The seminar will …