Monthly Archives: <span>March 2006</span>

Doctor Owned Malpractice Company Opens New Ohio Office

Healthcare Underwriters Group Mutual of Ohio (HUOH) reported it has completed its move to a new location in Columbus that will allow it to better serve the growing number of doctors electing to join a medical malpractice company owned and …

Swett & Crawford Picks Rountree to Head Southwest Operations

Swett & Crawford, based in Woodland Hills, Calif., has hired Bruce J. Rountree to lead the company’s Phoenix operations. His hiring is part of the company’s strategy to aggressively expand its presence in key markets across the nation in support …

Standard & Poor’s Assigns ‘A-‘ Rating to La. Citizens Bonds

The Louisiana Department of Insurance reported that the rating agency Standard & Poor’s has given the Louisiana Citizens Property Insurance Corporation (Citizens) bond issue an ‘A’-minus rating, signifying the success of recent meetings held with bond rating agencies and Citizens …

Association Warns Insurers that Bill Would Impose Hidden Tax to Fund California Campaigns

The Association of California Insurance Companies is warning insurers that the California Legislature will soon consider a bill that would establish the dangerous precedent of imposing a hidden, multi-million dollar tax on Californians to publicly fund campaigns of candidates they …

Bass Underwriters’ Texas Office Offers Online Program for Small Contractors

Bass Underwriters’ Texas office announced the launch of a new online program to assist agents in placing small artisan contractors, including those working on home construction. The company said the easy-to-use program allows the agent to generate a quote in …

PIA Texas Expresses Support for Windstorm Bonds

The Texas Insurance Professionals (PIA Texas) association reported that it has addressed a letter to Texas Gov. Rick Perry in support of the proposal that the state authorize the sale of $800 million in bonds in order to boost the …

California Employer Arrested for Wrongly Accusing Employee of Workers Comp Fraud

A San Bernardino, Calif., employer has been arrested for wrongly accusing an employee of workers compensation fraud, according to the California Department of Insurance. Matthew Day, 26, was arrested after surrendering himself to the County of San Bernardino Superior Court …

Texas Mutual Launches Workers’ Comp Health Care Network

Texas Mutual Insurance Company announced that the Texas Department of Insurance certified its Texas Star Network option on March 29, 2006. The company will begin offering the network option to eligible workers’ compensation policyholders with operations in network service areas …

Construction, Insurance, Banking Industries To Meet and Develop Moisture Management Standards

The PIA Western Alliance will be holding its second Moisture Management Summit in Irvine, Calif., with the goal of writing a public policy based on moisture management standards that have already been developed. The PIA’s goal is to take that …

Survey Finds Private Companies Acting More Like Public Companies; At Increased Risk of a Liability Lawsuit

“Many private companies are planning activities that may increase their exposure to management liability risks,” said Lisa McGee, vice president, Chubb & Son, during the Inc. 500 Conference. According to the 2005 Chubb Private Company Risk Survey, 67 percent of …