Yearly Archives: <span>2004</span>

Toledo Broker is 1,000th to Earn CRM Designation

Joseph R. Buick, a broker with the Hylant Group in Toledo, Ohio, made his mark in risk management education history as he became the 1,000th individual to earn the prestigious Certified Risk Managers (CRM) designation, the organization that issues the …

NAMIC Opposes Proposed Mich. Ban on Scoring

The Indianapolis-based National Association of Mutual Insurance Cos. (NAMIC) has submitted testimony to the Michigan Office of Financial and Insurance Services (OFIS) in opposition to a proposed rule that would ban the use of insurance scoring. Following is a statement …

Aetna Launches Specialty Pharmacy

Aetna has revealed plans for a joint venture to provide specialty drugs to its members of its health plans with severe chronic illnesses while holding down costs. The launch of Aetna Specialty Pharmacy, jointly owned by Aetna of Hartford, Conn. …

Reputed Mobster Pleads Guilty to Staged Accidents, Insurance Fraud Charges in New York

A reputed member of the Bonanno crime family pleaded guilty to running a major insurance scam, which used a corrupt medical clinic in Queens to file millions of dollars in bogus insurance claims. Joseph Fratta, who was indicted in April …

Survey: No Relief from Litigation for Big Firms

Litigation involving U.S. business has receded slightly overall, but large corporations have experienced a surge and see no relief from lawsuits in sight. In a new survey of national litigation trends by law firm Fulbright & Jaworski L.L.P., the average …

Three Unitrin Companies Join Trusted Choice

Kemper Auto and Home, Unitrin Multi Lines Insurance and Unitrin Specialty Lines Insurance have joined the Independent Insurance Agents and Brokers of America’s (IIABA) Trusted Choice campaign—the national brand created by IIABA to educate consumers about the benefits of using …

CPCU Annual Conference Set for October

The CPCU Society has announced that its 60th Annual Meeting and Seminars will take place in Los Angeles, Calif., on Oct. 23-26. The Annual Meeting’s Property and Casualty Insurance Track features 25 seminars about important property/casualty insurance topics and industry …

Quality Customer Service Vital for Satisfaction, Progressive’s Survey Says

Proactive and personalized service are an important part of what consumers say they want from their independent insurance agent or broker. And while most independent agents say it’s important to provide this level of service, it also seems many may …

Three Suspects Arrested for Alleged Auto, Work Comp Insurance Fraud

Investigators arrested three people August 3 on numerous felony charges after a 3-year California Department of Insurance investigation into a chiropractic office, which uncovered numerous alleged auto insurance and workers’ compensation insurance violations, including the fraudulent treatment of a Jack …

PCI Backs Ky. Governor’s Action on WC Funds

A decision by Gov. Ernie Fletcher to have the Office of Insurance take over regulation of the group self-insured workers’ compensation funds in Kentucky is reportedly supported by the Property Casualty Insurers Association of America (PCI). “We applaud the governor …