November 30, 2005
ReSource Pro LLC, a company specializing in insurance processing for program managers, managing general agents and retail brokers, is rolling out its “in-sourcing” model nationally, a model that boosts back-office capacity and provides a cost-effective staffing solution for routine processing …
November 30, 2005
Seattle-based Safeco has named Robert McNichols vice president – Audit Services effective Dec. 5, 2005. In this role, he will be responsible for overseeing internal audits and reviews of the company’s financial controls and operations. McNichols will report to the …
November 30, 2005
A bill mandating that emergency medical care coverage be included in all automobile insurance policies was approved Nov. 17 for possible introduction during Colorado’s 2006 legislative session. The Legislative Council Committee approved a draft of a mandatory emergency medical care …
November 30, 2005
A proposed “solution” to Florida’s hurricane insurance problems, based on impressive research and an independent actuarial analysis showing hundreds of millions of dollars in savings has been announced by the Florida Association of Insurance Agents. The proposal calls for the …
November 30, 2005
The trials and tribulations of maintaining and insuring a well-known corporate art collection, from bombings by the IRA, to being stolen by builders and damaged when cleaners sprayed paintings with window cleaner, were described by Charles Dupplin, head of Hiscox …
November 30, 2005
National Atlantic Holdings Corp., a provider of specialized property/casualty insurance products and related insurance services in New Jersey, announced that the replacement carrier transaction agreement between its subsidiary, Proformance Insurance Company, and The Hartford Financial Services Group Inc. has received …
November 30, 2005
Massachusetts-based Allmerica Financial Corp., whose name and NYSE ticker symbol will change to “The Hanover Insurance Group Inc.” and “THG,” respectively, effective Dec. 1, 2005, announced estimated gross pre-tax catastrophe losses of approximately $5 million related to Hurricane Wilma. The …
November 30, 2005
A Superior Court decision to award Palm Medical Group Inc. $1.13 million in a dispute with State Fund (Palm Medical Group v. State Compensation Insurance Fund (SCIF)) may affect hundreds of other occupational clinics in California that have been excluded …
November 30, 2005
The Superior Court of California has dismissed the remaining cause of action in an amended complaint filed by the California Insurance Commissioner, on behalf of Fremont Indemnity Co. against Fremont General Corp. The Court ruled in favor of Freemont Indemnity’s …
November 30, 2005
California’s State Compensation Insurance Fund’s Monterey Park Office will hold a free employer seminar on “Enhancing Safety Through Wellness” on Thursday, Dec. 1. The seminar will look into how the implementation of an effective employer wellness program can help increase …