August 2, 2004
New documents reviewed by a Salem newspaper map out how former Gov. Neil Goldschmidt’s deal-brokering helped shape a plan on medical malpractice insurance for obstetricians in rural Oregon. The former governor was widely acknowledged as one of Oregon’s most powerful …
August 2, 2004
Gov. Dave Freudenthal has signed the last three bills passed by the special legislative session, which was held earlier this month to deal with the rising cost of medical malpractice insurance being paid by doctors. One bill authorizes up to …
August 2, 2004
Delaware Gov. Ruth Ann Minner has signed a number of bills of interest to the property/casualty industry since the 2003-2004 legislative session ended July 1, most recently the personal injury protection legislation and a workers’ compensation subclassification bill. “Many bills …
August 2, 2004
Atlanta-based Ebix Inc., an international developer and supplier of software and e-commerce solutions to the insurance industry, announced that Paul Hodges has agreed to join the company’s Board of Directors. Hodges is Ebix’s third recent appointment to the Board, joining …
August 2, 2004
Max Re Capital Ltd., based in Bermuda, reported lower net income for the second quarter of 2004, compared with the same period in 2003. Income for the first six months of this year remains higher than that of the first …
August 2, 2004
State Farm Insurance is eliminating more than 1,000 jobs in Monroe, La., but has offered to donate its largest building to the parish’s economic development group, according to the Associated Press. State Farm announced in February that it would eliminate …
August 2, 2004
The Insurance Council of Texas announced the schedule for its Fall 2004 workers’ compensation seminar, Managing Disabilities and Other Benefit Issues in the Texas Workers’ Compensation System. The seminar will be held in Austin, Houston and Dallas in September and …
August 2, 2004
Kaplan Professional, a division of Kaplan, Inc., has acquired Insurance Systems of Tennessee Inc. As the state’s largest insurance education provider, Insurance Systems offers insurance pre-licensing classes, securities licensing education and continuing education for professionals throughout Tennessee. The company will …
August 2, 2004
Donna Boyd joined the Dallas office of Hull & Company as a senior account executive, placing contract and brokerage business for Texas retail agents. Boyd is a seasoned Excess & Surplus lines broker with 31 years insurance experience, including six …
August 2, 2004
The St. Paul Travelers Companies, Inc. (NYSE:STA) announced that the company reached a conclusion on the accounting treatment for the previously announced reserve adjustments and will record the adjustments as a charge to the income statement in the second quarter …