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

ACIC: Consumers Benefit From Committee Action

Action taken by the Assembly Insurance Committee on pending homeowner insurance bills will benefit consumers in California, according to the Association of California Insurance Companies. “Consumers are best served when insurance companies are allowed to operate in an open and …

HSC: Home Injuries Cost U.S. Employers $38 Billion Annually

According to the State of Home Safety in America report (2004), a new study released by the Home Safety Council, employers are spending an average of $280 per employee equating to $38 billion a year for injuries suffered at home. …

Platinum Underwriters Holdings Appoints Fisher

Bermuda-based Platinum Underwriters Holdings Ltd. appointed Joseph Fisher to the position of executive vice president and CFO. Fisher has more than 20 years of experience in the property and casualty industry, including serving for the last nine years as the …

AAIS Prepares to File New Terrorism Endorsements

The American Association of Insurance Services (AAIS), a national insurance advisory organization, announced that it is preparing a countrywide filing of new terrorism endorsements insurers can use in anticipation of the scheduled termination of the federal terrorism reinsurance program. AAIS …

Bland Named IIAT’s ACSR of the Year

The Independent Insurance Agents of Texas named Cherrie Bland of the Grimes Insurance Agency, Lubbock, the IIAT ACSR of the Year during the IIAT Annual Convention held recently in Dallas. Liz Patterson of Myron F. Steves & Company, Houston, sponsor …

Duke Joins ABD Insurance and Financial Services

ABD Insurance and Financial Services, announced the addition of Brian A. Duke as managing director, general business practice leader in its Redwood City, Calif., headquarters. In his new position as a managing director for ABD, Duke will drive new business …

Keenan Appoints Bonner to New Advisory Board

Torrance, Calif.-based Keenan, one of the largest privately held brokerage firms in the state, announced the appointment of Dale E. Bonner, Esq. to its Advisory Board of thought leaders to bolster its strategy and provide insight into the public sector …

PCI Urges R.I. Gov. to Halt Rental Car Amendment

A trade association representing most of Rhode Island’s largest auto insurers is urging Gov. Donald Carcieri to veto a recently passed bill because of an amendment that would impact rentals of replacement vehicles for insured drivers involved in accidents. The …

Fla. Agents Charged with Issuing Fake Certificates

Two Orlando agents are facing numerous felony charges for allegedly issuing fraudulent workers’ compensation certificates to employers who needed them to apply for business licenses. Marcia V. Richardson, 40, and Eilean Webb, 45, both of Orlando, were arrested Tuesday on …

N.Y. Passes AIA-Backed Scoring Bill

The New York State Legislature has approved a bill (S.5618D/A.4754D) that will regulate the use of credit-based insurance scores in a fair and reasonable manner, according to the American Insurance Association. “Insurance scores are an accurate and efficient predictor of …