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

Health Insurance for U.S. Visitors

Nuts & Bolts: Florida-based XN Financial Services announced it will offer health insurance products and services to foreign nationals traveling in the United States through RCM&D, an Assurex partner located in Baltimore, Md. The “Visitors From Abroad” program is designed …

Condominiums & Multi-Family Dwellings

Nuts & Bolts: ACE USA aimed to enhance its disaster mortgage protection program by adding coverage for condominiums and multi-family dwellings through its ACE select markets division. ACE select markets provide specialty personal lines products, which are distributed through large …

Adding Value in the Workers’ Comp Market Through Technical Analysis

If insurance brokers want to add value and differentiate themselves from their competitors in this hardening workers’ compensation marketplace, they should pay attention to the intricacies of how experience modification factors are calculated. Experience modification worksheets are full of valuable …

Program Business Leaders Receive Targeted Advice

Target Market Mid-Year Attendees Learn About Planning, Branding and Purchasing The Target Markets Program Administrators Association held its first midyear meeting last May and attracted almost 200 program business professionals. Attendees included representatives from 90 insurance agencies, 22 insurance carriers, …

Cincinnati Man Sentenced on Comp Fraud Charge

The Ohio Bureau of Workers’ Compensation (BWC) announced a Hamilton County man has been sentenced for committing workers’ compensation fraud. Adolphus Hill was sentenced to five years of probation and restitution to BWC in the amount of $54,705. BWC’s special …

Wis. Woman Convicted on Fraud Charge

Wisconsin Attorney General Peg Lautenschlager announced that an Oneida County woman was convicted of fraud and sentenced by Judge Steven Ebert in Dane County Circuit Court. Barbara Bergman, of Rhinelander, pled no contest to one count of fraud. Bergman was …

Ohio Man Sentenced in Workers’ Comp Fraud Case

The Ohio Bureau of Workers’ Compensation (BWC) announced a Swanton man has been sentenced for workers’ compensation fraud. David Tressler was sentenced to five years of community control, ordered to pay restitution in the amount of $22,428 to BWC, and …

Ohio Woman Pleads Guilty to Comp Fraud

The Ohio Bureau of Workers’ Compensation (BWC) announced a Summit County woman has pled guilty to workers’ compensation fraud. Tammy Bird is scheduled for sentencing on July 6, 2004, in the Summit County Court of Common Pleas. It is estimated …

Kansas Commissioner Praeger Expands Anti-Fraud Effort

Kansas Insurance Commissioner Sandy Praeger announced the expansion of the department’s movement to investigate insurance fraud and educate Kansas consumers about protecting themselves from illegal activity. Jerry Wells has been appointed director of the newly created anti-fraud division. Previously, he …

PIA ENCOURAGED, BUT WILL NOT ENDORSE SMART BILL:

The National Association of Professional Insurance Agents (PIA) says it is encouraged by the discussion draft of a bill that provides a “road map” for insurance regulatory reform. The draft of the State Modernization and Regulatory Transparency Act (SMART) was …