Ohio’s auto theft picture improved last year as thefts decreased about 2 percent from 2002, according to estimates released by the Ohio Insurance Institute (OII), a property/casualty trade group. Based on auto theft survey results of 17 major Ohio city …
An Oklahoma House of Representatives committee studying grounds for impeachment of Insurance Commissioner Carroll Fisher has recommended he be impeached for neglect of duty, corruption in office and incompetency. The committee submitted its final report on Aug. 30, 2004, to …
Houston area-based MaximInsurance announced the addition of Lee Warren to its team of insurance professionals. She joined the company as a commercial lines commercial service representative, handling new and renewal commercial accounts. Warren has twelve years of experience in the …
Governor Schwarzenegger recently signed two bills, AB 2199 (Kehoe) and SB 64 (Speier), that were considered part of Insurance Commissioner John Garamendi’s “Homeowners Bill of Rights” package. Garamendi said that the legislation will provide needed protections to California homeowners. Assembly …
Dramatic improvements in underwriting performance by the nation’s property/casualty insurers led to the first underwriting gain in nearly seven years, according to the Jupiter, Fla.-based financial analysis firm Weiss Ratings Inc.. The industry reported a $5.5 billion net underwriting gain …
Florida’s Chief Financial Officer Tom Gallagher announced that an unlicensed adjuster seeking contracts with victims of Hurricane Charley was arrested on Sanibel Island. He also warned that the Department of Financial Services is investigating reports of other unlicensed adjusters working …
A Windermere, Fla. insurance agent who allegedly forged customers’ signatures and manipulated their trust to take out personal loans and earn fraudulent commissions may have scammed several Orange County residents out of more than $200,000, said fraud investigators with Florida’s …
The Associated Press reported that an insurance company that had threatened to stop offering medical malpractice coverage to doctors in West Virginia has been granted a 9.5 percent rate increase, according to Gov. Bob Wise. The state Insurance Commission’s approval …
Arch Insurance Group, a division of Arch Capital Group Ltd., announced that Debbie Landes has been promoted to regional vice president of its Technical Risk Division in Houston, Texas. In her new role, Landes will oversee underwriting activities of the …
The Texas Workers’ Compensation Commission announced it has provided the Texas Department of Insurance Commissioner with new average weekly wage rates effective Sept. 1, 2004. Under Section 408.047 of the Texas Labor Code, the state average weekly wage for Fiscal …
