Yearly Archives: <span>2004</span>

Commercial Property, Liability, Crime

Nuts & Bolts: The Chubb Group of Insurance Companies has updated its Customarq Classic property policy. Chubb’s Customarq Classic offers U.S. and Canadian commercial customers a choice of monoline property insurance protection or a package of property, general liability and …

Specialized Truck Equipment

Nuts & Bolts: With its newly enhanced STEP SPICE policy endorsement, The Hartford Financial Services Group Inc. unveiled new additions to its multi-line program for manufacturers, distributors, installers and repairers of specialized truck equipment. The STEP program includes new property …

Stock Throughput and Marine Contractors

Nuts & Bolts: Marine Managers launched two new programs, the Stock Throughput Program and the Marine Contractors Package Program. Stock Throughput is a combination of ocean and inland cargo (road, truck, rail, air) plus location coverage in a warehouse or …

THERAPIST PLEADS GUILTY:

Texas Mutual Insurance Company reported that Dr. Catherine Delaney, a Ph.D. therapist from Houston, entered a corporate plea agreement (Delaney and Associates) with the Travis County District Attorney’s office related to charges of workers’ compensation insurance fraud. Delaney pleaded guilty …

A LANDMARK OPPORTUNITY:

The Independent Insurance Agents and Brokers of Louisiana (IIABL) has launched its nation-wide campaign to attract insurers to Louisiana, kicking it off with the distribution of “Louisiana: A Landmark Opportunity,” an executive summary designed to inform insurance companies about recent …

ATLA, TTLA BLAST TERRORIST LABEL:

The Association of Trial Lawyers of America (ATLA) demanded a retraction and an apology from American Insurance Group CEO Maurice “Hank” Greenberg for calling them “terrorist trial lawyers” in a speech in Boston on Feb. 24, 2004. The attorney’s group …

Oklahoma’s Fisher Faces Felony Corruption Charges

Last August, Oklahoma Insurance Commissioner was charged with driving under the influence of alcohol and he pleaded no contest to the charge in October 2003. Now, he’s facing felony counts ranging from embezzlement to failure to register a charitable organization …

Agents’ E&O: Crisis or Not’

As an agent or broker, it can be frustrating to reveal an exorbitant price tag on a premium for a client. No one likes to hear that their insurance coverage is difficult to obtain, and if that, at a high …

A New Day in Alabama for the Independent Agent

We have found not all members are knowledgeable about all of the programs we have available for them, which means they are not getting the full value of their membership in the association. It’s hard to believe that 2003 is …

West Virginia Proves More than Forests and State Sales Tax

The U.S. Census Bureau’s 2000 census estimated the population of the State of West Virginia at 1,808,344. Approximately 72 percent of the adult residents had graduated from high school and about 15 percent had earned a bachelor’s degree or higher. …