Monthly Archives: <span>March 2005</span>

Hartoch in as Swett & Crawford CEO

Aon Corporation on Thursday announced the appointment of Dave Hartoch as president and CEO of Swett & Crawford. Hartoch had previously headed the company from 1997 to 2003. Patrick Ryan, chairman and CEO of Aon Corp., said, “Dave is one …

Vesta Insurance Group Delays Filing Form 10-K

Vesta Insurance Group Inc. of Birmingham, Ala. has announced that the filing of its 2004 Form 10-K will be delayed beyond April 1 to provide additional time to finalize the assessment of the effectiveness of its internal controls pursuant to …

N.C. DOI Disputes 11.5 Auto Rate Request; Long Sets Hearing in September

Insurance Commissioner Jim Long has announced plans for a hearing on auto insurance rates in September. This announcement comes after the North Carolina Rate Bureau, an independent organization that represents all auto insurance companies in the state, filed for an …

Wyoming Considers Health Care Savings Accounts

The Wyoming Healthcare Commission is looking at setting up a “Wyo-Care” health care savings account system to help insure workers. The goal is to reduce the number of workers not covered by employer-provided plans. According to a recent study for …

Pate Joins the INSCO DICO Group

The INSCO DICO Group announced that Stephen T. Pate has joined as Senior Vice President of Underwriting. He will be located in INSCO’s Irvine, Calif.-based headquarters and work closely with the Board of Directors and veteran Home Office Underwriting personnel. …

Also Crossed Off Blunt’s To-Do List: Comp Reform

After previously signing tort reform legislation into law, Republican Missouri Gov. Matt Blunt yesterday granted another long-held insurance industry wish when he enacted workers’ compensation reforms. Both sets of reforms were stymied under previous Gov. Bob Holden, a Democrat. According …

Ind.-Based Leisure/Sports Specialty Broker Launched

announced its official entry into business with the opening of its corporate headquarters in Fort Wayne, Ind. LSS said in a statement that it has an exclusive insurance relationship with niche property/casualty carrier Century Surety, a subsidiary of Westerville, Ohio-based …

Non-Construction Laborers, Freight Movers Had Most Occupational Injuries, Illnesses in Texas in 2003

The Texas Workers’ Compensation Commission announced that non-construction laborers and freight, stock, and material movers recorded the largest number of occupational injuries and illnesses in Texas in 2003, according to the most recent data released by the U.S. Bureau of …

Report Berkshire Returns HIH Premium Payment

The Wall Street Journal reported that Berkshire Hathaway’s National Indemnity Co. has turned over a $2 million premium payment to the Australian liquidator in charge of the bankrupt company HIH Insurance. Once Australia’s second largest insurance group, HIH collapsed in …

S.B. 418 Passed W.Va. Senate, Hits Roadblock in House

With 10 days left in West Virginia’s legislative sessions, although the Senate adopted Gov. Joe Manchin’s insurance proposals, SB 418 has stalled in the House. The bill would bar third party bad faith lawsuits against insurance companies, lawsuits filed by …