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

Jim Maden, PIA of Tennessee E.V.P. Named TSAE ‘Association Executive of the Year’

James F. Maden, executive vice president of the Professional Insurance Agents of Tennessee, has been named the Association Executive of the Year by the Tennessee Society of Association Executives. The award recognizes exemplary leadership and achievement on behalf of the …

South Carolina Insurance Company, Consolidated American Insurance Liquidations Continue

Liquidation efforts are continuing for two companies, South Carolina Insurance Company and the Consolidated American Insurance Company, according to South Carolina’s Special Deputy Liquidator J. Smith Harrison Jr. The two companies were placed in liquidation on March 21, 2005 and …

Could This Hurricane Season Break 21-Storm Record?

The United States has already experienced seven named storms in less than six weeks, at this rate, 22 systems would form by Nov. 30, which would break the 21-storm record established in 1933. According to the National Hurricane Center, at …

Acordia Calif. to Cease Workers’ Comp Programs, Operations

Acordia of California Insurance Services Inc.’s Wholesale P&C Division has announced it has decided to cease their workers’ compensation programs and wholesale operations. Effective Sept. 1, 2005, Acordia will no longer be accepting new business and will be nonrenewing all …

New Texas MGA gives Producers Quick Application Submittal Solution

New Texas MGA gives Producers Quick Application Submittal Solution eTurboRater. Fast, easy rating and submission via the internet will allow Select General producers to more efficiently provide Auto Insurance for their customers. eTurboRater was developed by Insurance Technologies Corporation of …

Hurricane Dennis Losses Estimated at $900 Million in Four S.E. States

Insurance companies are expected to pay policyholders in four states $900 million on claims for insured property losses from Hurricane Dennis according to damage estimates released by the Florida Insurance Council and compiled by Property Claim Services, the New Jersey-based …

MJM Investigations Appoints John Halliday as VP of Technology

Raleigh, N.C.-based MJM Investigations, Inc., an international insurance investigations firm providing innovative investigative solutions to the insurance industry, has appointed John Halliday as vice president of technology. Halliday has more than 26 years of experience in the information technology and …

Miami Woman Arrested Operating Without a Certificate, Selling Fake Insurance to Truckers

Rosa Bajdor of Miami was arrested today and charged with transacting insurance without a certificate after whe was discovered paying an accident claim without a license. Bajdor’s husband, Peter, was also implicated and is expected to surrender later this week. …

Alliance Opposed to Proposed CDI “Agent Appointment” Regs

The American Agents Alliance has issued its official objections to the proposed regulations (file number RH 04037941), which were submitted on June 3, 2005. The Alliance believes the regs “do not meet the standards of authority, reference, clarity and consistency …

Progressive Settles 80 Percent of Hurricane Dennis Fla. Auto Claims

Hurricane Dennis hit the Florida Panhandle 16 days ago, yet Progressive, Florida’s fourth largest auto insurer reports it has settled 80 percent of its auto claims resulting from the hurricane. “The phones started ringing when Dennis came ashore on Sunday, …