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

Mary M. Eisenhart Joins Agency Management Resource Group

Cheryl L. Koch, CPCU, CIC, ARM, AAI, AIM, AIS, ARP, AAM, API, ACSR, owner of Agency Management Resource Group of Lincoln, CA, a leading provider of consulting and training services to independent agents and companies, is pleased to announce that …

S.C. Gov. Signs Personal Lines Flex-Rating Bill

The American Insurance Association reported that South Carolina Gov. Mark Sanford signed into law SB 686, a flex-rating bill that could eventually eliminate prior approval for homeowners’ insurance rates. “Today South Carolina is a more attractive market for insurers due …

Ala. DOI Files Complaint Against Goff Group

The Alabama Department of Insurance has filed an administrative complaint against a well-known Montgomery-based insurance company and its president, accusing the Goff Group and John W. Goff of wrongdoing involving customers’ insurance payments. The complaint accuses Goff of collecting more …

Dunlap Joins Collier Shannon Scott as Gov’t Relations Advisor

Washington, D.C.-based law firm Collier Shannon Scott announced that John Dunlap joined the firm as a Government Relations Advisor. Based in Sacramento, Dunlap will help clients navigate California’s political and regulatory climate by working with the Governor’s Office, California’s state …

Oklahoma’s Fisher Indicted Again

Oklahoma Attorney General Drew Edmondson announced that Insurance Commissioner Carroll Fisher was named in a Multicounty Grand Jury indictment unsealed in Oklahoma County District Court. Fisher was indicted July 28 on one count of embezzlement for allegedly depositing a $1,000 …

USI Releases 2Q Financial Report

U.S.I. Holdings Corporation has reported that its revenues for the second quarter increased by $14.1 million, or 16.4 percent, to $100.4 million from $86.3 million last year at the same time. The revenue increase reflects the impact of acquisitions of …

General Insurance Co. Releases 2Q Results

Co-operators General Insurance Company, the largest Canadian-owned private sector property/casualty insurer, announced its second quarter, reporting consolidated after-tax net income of $38.0 million, compared to $25.3 million income for the same period in 2003. Gross written premium in the second …

NAMIC Encourages Legislators to Back TRIA Extension

Calling terrorism an “uninsurable social risk,” the legal and regulatory affairs director of the National Association of Mutual Insurance Companies (NAMIC) has encouraged the American Legislative Exchange Counsel (ALEC) to back an extension of the federal terrorism insurance program. Peter …

UnitedHealth Completes Merger with Oxford in Conn.

Connecticut Insurance Commissioner Susan F. Cogswell has signed an order approving the acquisition of Oxford Health Plans by UnitedHealthcare Group, Inc. UnitedHealth Group announced that it completed the merger yesterday immediately after receiving the regulatory approval. Under the merger agreement, …

Maine Supreme Court Rules on Workers’ Comp Board Evidence Admission Standards

The Maine Workers Compensation Board is not subject to the more strict rules of evidence governing other courts and should be open to evidence from a variety of sources so long as it is sufficiently reliable, the state Supreme Court …