July 15, 2005
Rhode Island Gov. Donald Carcieri has vetoed a bill that would have permitted the state’s largest workers compensation insurer, Beacon Mutual, to restructure and expand into other states. Carcieri blasted the legislation as “insider legislation” that would dramatically change the …
July 15, 2005
First lady Nancy Freudenthal says a law allowing insurance companies to withhold coverage for injuries resulting from drug or alcohol use should be repealed. Because of the law, she said, doctors and nurses are less likely to ask about or …
July 15, 2005
Agents in Georgia have been contacting the Professional Insurance Agents of Georgia to discuss requests to make alternations to Georgia Certificates of Insurance. Jerry W. Duke, PIA of Georgia executive vice president has just warned members that making alterations to …
July 15, 2005
Lower increases in premiums, better communication between insurers and policyholders and a reduction in the number of businesses denied cover are among the key improvements identified by the OFT in its follow-up study of the UK liability insurance markets. In …
July 15, 2005
Jim Drawert, vice president and chief underwriting officer for The Republic Group, was presented the Raymond Mauk Leadership Award on July 14, at the Insurance Council of Texas’ 13th Annual Mid-Year Property and Casualty Symposium. Drawert becomes the eighth recipient …
July 15, 2005
The Louisiana Department of Insurance will hold its 4th annual Property and Casualty Form and Rate Filing Seminar on Thursday, Sept. 22, at the Hyatt Regency, Poydras at Loyola Avenue, in New Orleans. The seminar will assist members of the …
July 15, 2005
Texas Mutual Insurance Company announced a group dividend to the Lone Star Energy (LSE) purchasing group today totaling $49,948. This marks the first time LSE has earned a Texas Mutual purchasing group dividend. Group dividends are separate from the $50 …
July 15, 2005
Residents along the Gulf Coast of Texas can learn a lot from the experiences of those people in Florida who were victims of multiple hurricanes last year, according Sandra Ray, public affairs director of Southwestern Insurance Information Service. Current NOAA …
July 15, 2005
Cincinnati-based property/casualty insurer Great American Insurance Group announced that Kendel D. Standlee has been promoted to president of its equine mortality division. The division supports the largest equine mortality operation in the United States and is the country’s leading insurer …
July 15, 2005
Schaumburg, Ill.-based Zurich North America announced that Stephen Smith has retired as CEO of Universal Underwriters Group, a business unit of of the company’s commercial division. Universal Underwriters Group was recently sold to a group of investors led by Hellman …