April 27, 2004
As the next step in its strategy to manage the risks inherent to its core business – the Olympic Games – the International Olympic Committee (IOC) on Tuesday announced that it has taken out an insurance policy, which also protects …
April 27, 2004
Legislation that would amend Proposition 103 to expand the insurance commissioner’s authority to disapprove rates beyond current standards is unjustified and unnecessary, according to the Association of California Insurance Companies (ACIC). Under Proposition 103, rates cannot be “excessive, inadequate or …
April 27, 2004
Insurance Commissioner John Garamendi announced Tuesday the launch of an online comparison tool listing rates of the top 50 workers’ compensation insurers in the California market. The feature, at www.insurance.ca.gov, promises to help employers burdened by the enormous costs of …
April 27, 2004
The American Insurance Association (AIA) welcomed the April 26 appointment of Andrea Hoch as director of the California Division of Workers’ Compensation (DWC). Gov. Arnold Schwarzenegger (R) announced his appointment today. “AIA and its member companies congratulate Ms. Hoch on …
April 27, 2004
Tennessee-based Diversified Product Inspections Inc., a provider of independent product failure analysis, air contamination and fire investigations for the insurance industry, recently attended the Knoxville Board of Realtors Expo in Knoxville, Tennessee and promoted DPI’s newest service, HomeCheckSafety.com (HCS). John …
April 27, 2004
With the California Low Cost Automobile Insurance program developing into a major issue this year, both in the Legislature and at the Department of Insurance, the American Agents Alliance is interested in finding out what producers have to say on …
April 27, 2004
Several workers’ compensation reforms proposed in a pair of Oklahoma House of Represenatives bills that died in the Senate had new life breathed into them by amendments the House attached to Senate Bill 1531. According to the House Media Division …
April 27, 2004
An Escambia County, Florida man was arrested last week for a residential burglary and arson that occurred on May 25, 2002, at 700 West Johnson Avenue. New information developed by investigators lead to the arrest of the perpetrator. Terry Cook, …
April 27, 2004
The Texas Department of Insurance announced that it, along with other state agencies including the Secretary of State, State Board for Educator Certification, Texas Higher Education Coordinating Board and Texas Department of Housing & Community Affairs, will host in June …
April 27, 2004
Texas-based American National Insurance Company announced first quarter 2004 net income of $64,704,000 ($2.44 per share) compared to $40,121,000 ($1.51 per share) for the same period in 2003, a 61.3% increase. After tax net gain from operations for the first …