Yearly Archives: <span>2004</span>

Fireman’s Fund Unveils $1 Million Program to Improve Fire Safety, Prevention for the Bay Area

Fireman’s Fund Insurance Company (FFIC) of Novato, Calif. today announced more than $1 million in funding and donations for firefighting equipment, fire prevention tools, firefighter training and community fire safety education throughout the San Francisco Bay Area. The Bay Area …

Tenn. Authorities Plan to Implement “Bait-Car” Program

Morristown, Tenn. authorities have announced a plan to use “bait-cars” to catch car thieves red-handed and to reduce the local car theft rate – insurance companies, noting such programs have cut the theft rate by as much as 25 percent, …

Calif. Commissioner Reacts to Latest Workers’ Comp Rate Filing From the SCIF

Since July 2003 California Insurance Commissioner John Garamendi has reduced the state’s pure premium advisory rate by 22.6%. This includes his most recent recommendation of Nov. 17, when he lowered the rate by 2.2%. This was a significant reduction from …

$126M Ga. Agreement Could Pave Way for Anthem-WellPoint Merger

Georgia Insurance Commissioner John Oxendine and Anthem Inc. have reached an agreement in which Anthem will pledge $126 million to improve rural health care for the poor in Georgia – in return, Oxendine agreed to re-approve the acquisition of California-based …

Study Finds Medical Costs Driving Up Auto Injury Claims

A new study by the Insurance Research Council (IRC) finds that claimed losses for auto injuries have escalated at vastly different rates across four states with no-fault auto insurance regulations. From 1997 to 2002, the average amounts that personal injury …

FEMA Notes Record Aid for 2004 Hurricane Season

The U.S. Department of Homeland Security’s Federal Emergency Management Agency (FEMA) reported this week that a record $4.27 billion in FEMA disaster funds have been expended to date to aid people and communities victimized by one of the most intense …

Kirkland Joins Beecher Carlson Holdings Atlanta Office

Beecher Carlson Holdings, Inc. has announced Barry Kirkland has been named managing director and team leader in its Atlanta office. Kirkland’s primary responsibility will be to assist in the expansion of the risk management practice. Kirkland has 26 years of …

Former Okla. Insurance Agent Gets 97 Months

A former Shawnee, Okla., insurance agent was sentenced recently to 97 months in federal prison, but state prosecutors say the man has agreed to a much lengthier sentence for swindling scores of investors out of more than $8 million, according …

Book by Former La. Commissioner on the Shelves

Nearly two years after he served a six-month prison sentence, former Louisiana Insurance Commissioner Jim Brown has completed a book chronicling the case that put him behind bars—and is continuing to maintain his innocence, the Associated Press reported. A federal …

Murphy Promoted to Sr. VP of Heath Texas

Heath Insurance Brokers announced that Jerry Murphy has been promoted to senior vice president for the company’s Texas branch. Murphy specializes in worker injury coverages including both workers’ compensation and Texas non-subscriber insurance through open market and in- house facilities. …