Yearly Archives: <span>2004</span>

ACE USA Makes Fla. Appointments

ACE USA, the U.S.-based retail operations of The ACE Group of Companies, announced two appointments in ACE Select Markets’ Recreational Vehicle unit. Pam Simon has been named assistant vice president, responsible for developing product strategy and identifying new distribution channels …

Merin Joins Ebix Board

Atlanta-based Ebix Inc., an international developer and supplier of software and e-commerce solutions to the insurance industry, announced the appointment of Kenneth Merin, an attorney with approximately 30 years of insurance industry and prominent federal and state governmental experience, to …

Allstate New Jersey, Encompass Insurance to Receive $6.65 Million Award in Fraud Case

The United States Bankruptcy Court in Newark, N.J. has ordered a former New Jersey chiropractor to pay Allstate New Jersey Insurance Company and Encompass Insurance more than $6.6 million dollars. U.S. Bankruptcy Court Judge Rosemary Gambardella said Mathew E. Lister, …

N.C. Commissioner Signs Race-Based Premium Settlements with Trio of Companies

North Carolina Insurance Commissioner Jim Long has signed three settlement agreements with companies that reportedly participated in discriminatory rating practices in North Carolina. The settlements with the companies, Cincinnati Life Insurance Company, American National Life Insurance Company and New York …

Okla. Grand Jury Once Again Hears Testimony on Fisher

Oklahoma Insurance Commissioner Carroll Fisher’s troubles keep mounting. Fisher was recently taken out of the race for the U.S. Senate by Democratic rival, U.S. Rep. Brad Carson, 37, who won the Democratic primary vote by a wide margin. Now his …

IIABA of N.Y. Backs Case for Reauthorization of TRIA

The Independent Insurance Agents & Brokers of New York Inc. has taken its case for reauthorizing the Terrorism Risk Insurance Act of 2002 before the end of the year to Capitol Hill. Three members of the Syracuse-based trade association’s leadership …

St. Paul Travelers Unveils Results from Study on Equipment Rental Industry Mishaps

Accidents involving rented items such as lifts, forklifts, trailers, tents and chairs posed the greatest risks for consumers and were associated with the highest numbers of fatalities, injuries and damages in the equipment rental industry, according to the findings of …

U.S. Risk Adds Three in Underwriting Unit

U.S. Risk Insurance Group Inc. announced that Genia Walden, Carrie Keel and Joan Corder have joined U.S. Risk Underwriters in the company’s Dallas, Texas office. Walden will be a member of the Commercial Underwriting Division as a senior underwriter. She …

Consumer Agency Targets Swimming Pool Safety

As part of its efforts to reduce the rate of child drownings, and deaths and injuries due to entrapments in pool and spa suction outlets, the U.S. Consumer Product Safety Commission (CPSC) is holding public hearings this summer on pool …

CNA Financial Notes Solid Q2 Numbers

Chicago-based CNA Financial Corp. announced second quarter of 2004 results. Net income for the second quarter of 2004 was $289 million as compared with net income of $70 million for the same quarter of 2003. The increase was primarily due …