Yearly Archives: <span>2004</span>

Focus on the Future: Come 2014, Industry Should Look Very Familiar

PCI Execs Contend Current Players Will Adapt to Maintain Advantages Ten years from now, some of the players within the property/casualty insurance industry will have changed but the industry itself will not look dramatically different from what it is today: …

Competitive Storm Brewing — What Spitzer’s Lawsuit May Mean to Us All

Perhaps like you, I have been fascinated by the press coverage our industry has received lately–probably more individual stories in prominent newspapers than at any other point in the last 25 years, all thanks to the lawsuit New York Attorney …

Adjuster Arrested on Fraud, Theft Charges

Michael Anthony Green of Hawthorne, Calif., surrendered to Orange County authorities after a warrant had been issued for his arrest. His arrest is the result of an investigation by the CDI. Green is charged with two felony counts of insurance …

Former Bay Area Agent to Serve Jail Time

On Oct. 27, Herbert Amos Jones, of Bethel Island, Calif., pled guilty in Contra Costa Superior Court to one felony count of grand theft. Jones, a former California-licensed insurance agent and regional vice president of Primerica Financial Services (PFS), was …

Former Broker Convicted of Grand Theft

Alexander Silva, of Sylmar, Calif., a former insurance broker, pled guilty Oct. 22, 2004, to one count of grand theft. Silva was sentenced to 30 days in Los Angeles county jail, five years probation, and ordered to pay $25,806 in …

Auto Physical Damage

Nuts & Bolts: Victor O. Schinnerer and Co. has a new line of auto physical damage insurance coverage for vehicles such as trucks, buses, emergency vehicles, (including ambulances), fire trucks, police cars, and all types of mobile equipment. Single-unit and …

Workers’ Comp

Nuts & Bolts: Workforce Safety and Ins. (WSI) announced that North Dakota employers can now purchase a workers’ comp policy to cover their employees who work temporarily outside the state. In partnership with the Accident Fund Ins. Co. of America, …

High Value Homeowners

Nuts & Bolts: Abram Interstate Ins. Services Inc. is offering a new high valued homeowners policy. Extended replacement cost and replacement cost contents are automatically included. They offer flexible underwriting and protection classes 1-10 are acceptable. Homes eligible with at …

Roofer Associations

Nuts & Bolts: Coronado Insurance Wholesalers Services Inc. a new general liability program for roofer associations. Dollars: Limits of $1 million to $ 2 million available. Deductible is $5,000. Minimum premium is $10,000. Carrier: Pro-Builders Specialty Ins. Co., nonadmitted. State …

Aviation Products Liability

Nuts & Bolts: Response Aviation Insurance Services has a new program for repair shops. They will also consider engine shops, cylinder shops, propeller shops and non-critical product wholesalers or manufacturers. Dollars: Aviation products and completed operations up to $1 million. …