May 4, 2006
San Francisco County Superior Court Judge Donald Mitchell has granted California State Fund’s Motion for Judgment Notwithstanding the Verdict and has vacated the March 2, 2006, judgment for Palm Medical and has entered judgment in favor of State Fund, according …
May 4, 2006
Seattle-based Safeco’s board of directors announced an increase to the company’s quarterly dividend. The board declared a regular quarterly dividend of $0.30 per share, payable on July 24, 2006, to shareholders of record as of July 7, 2006. This is …
May 4, 2006
An Encino, Calif., chiropractor Nasrin “Nancy” Hadizadeh Fathi, 43, and legal assistant Behrouz Beck Saffary, 51, have pled no contest and were found guilty of one count each of insurance fraud, the California Department of Insurance reported. Both defendants, who …
May 4, 2006
The Independent Insurance Agents of Texas announced its support of the proposal by the Texas Windstorm Insurance Association (TWIA) to increase commercial and government building limits to $3 million. IIAT Executive Director David VanDelinder, testifying in support of the proposal, …
May 4, 2006
RESEDA, CA – Insurance agents from Boston to Miami and in seven western states can now access a cost-saving online digital photo service to reduce overhead and improve risk assessment simultaneously. The FastSnap web site (www.FastSnap.com) lets insurance underwriters, agents …
May 4, 2006
Douglas County, Neb.’s insurance company reimbursed the county for most of the $121,593 the former head of the Treasurer’s motor vehicle division embezzled. The county board on accepted a $101,593 payment from its insurance provider to replace the money Fred …
May 4, 2006
The future of the Crow Creek Tribal School in South Dakota has been assured because a settlement has been reached with an insurance company for the fire that destroyed the student dormitory a year ago, officials said. Gov. Mike Rounds …
May 4, 2006
First Premium Insurance Group, based in Covington, La., announced that Debbie Harrington, a commercial underwriter for the company, was elected to serve on the Board of the Louisiana Surplus Lines Association (LSLA). In addition to being installed on the LSLA …
May 4, 2006
Erie Indemnity Company in Erie, Pa., reported a 14.4 percent drop in net income to $49.5 million for the first quarter, a decline it attributed to costs of operations outpacing revenue growth, but officials said there were favorable indications in …
May 4, 2006
As the Louisiana Legislature considers a wide array of legislative proposals, many of which would be detrimental for consumers, the Property Casualty Insurers Association of America said it is telling lawmakers that the best way to respond to last year’s …