Yearly Archives: <span>2005</span>

IRC Study Reports Auto Injury Medical Treatment Varies from State to State

Auto injury claimants from four states seek different types of medical treatment, even though they report similar injuries. A new study of insurance claims by the Insurance Research Council (IRC) examined auto injury claiming behavior in California, Illinois, Texas, and …

Wynstra Joins Willis as EVP of National Health Care Division

Willis Group Holdings has appointed of David Wynstra as executive vice president of their National Health Care Practice based in San Francisco, Calif. Wynstra was formerly a division president of A.J. Gallagher’s Health Care First Practice. An insurance and managed …

Ohio Comp Bureau Fires Asset Management Firm That Lost $60 Million

The Ohio Bureau of Workers’ Compensation announced it is terminating investment dealings with Allegiant Asset Management, a wholly-owned subsidiary of National City. BWC has asked that all remaining holdings in their large cap growth domestic equity fund be liquidated. Of …

La. Agent Charged with Pocketing Premiums

Louisiana Department of Insurance Fraud Unit investigators accompanied by the State Police Insurance Fraud Unit served a 43-year-old Kenner insurance producer with a cease and desist order and summary suspension of her license on charges of taking more than $4,800 …

Intelligence Experts Say Allies Should Expect More Terrorist Attacks

The bombings in London show that the war in Iraq isn’t keeping terrorist attacks from the soils of the United States’ allies, U.S. Rep. Jane Harman said. “The argument that we can fight them in Iraq and they won’t hurt …

Pa. Finds Private Market Lacking for Higher Med-Mal Limits

Pennsylvania Insurance Commissioner Diane Koken has issued a report concluding that there is not sufficient capacity to shift a greater proportion of medical malpractice coverage to the private market from the state Mcare Fund. The report focuses on the ability …

Conn. Gov. Rell Signs New ID Theft Protection Law

Under a new law signed by Governor M. Jodi Rell, consumers in Connecticut will have the right to put a security freeze on their credit files to prevent identity thieves from opening new credit accounts in their names. Also, businesses …

Germany Extending State Terrorist Insurance by 2 Years

The German government is extending its guarantee of a national terrorism-coverage insurance pool for two more years, the finance ministry said last week. The Extremus Versicherungs AG, founded in the wake of the 2001 terrorist attacks on the United States, …

Byrne Joins Canon Insurance Service

Canon Insurance Service announced that Dennis J. Byrne has joined its Woodland Hills, California office. Byrne will be responsible for the new production of general liability, property, directors and officers, errors and omissions, excess/umbrella and related coverages. Byrne has 32 …

Hurricane Dennis’ Insured Losses Estimated to Reach $2.5 Billion

AIR Worldwide estimates insured losses in the United States from Hurricane Dennis will be between $1 billion to $2.5 billion. Although Dennis made landfall in the same region as Hurricane Ivan in 2004, insured losses from Dennis are expected to …