Yearly Archives: <span>2014</span>

Agents Can Help Small Businesses Stay on Top of New Risks

Small businesses face a myriad of challenges throughout the business life cycle as they embark on new ventures and grow their operations. And insurance agents can serve as their guide and help them understand risks and insurance coverage options, according …

Delaware Bill Adds Teeth to Certificate of Insurance Rules

Delaware legislature on March 25 passed HB 104 (“An Act to Amend Title 18 of the Delaware Code Relating to Certificates of Insurance”) that aims to curtail the improper use of certificates of insurance. Delaware Association of Insurance Agents & …

Massachusetts to Keep Workers’ Comp Rates at Current Levels

The Massachusetts Division of Insurance (DOI) announced on March 21 that it has reached a settlement with the Workers’ Compensation Rating and Inspection Bureau (WCRIB) and the Massachusetts Attorney General’s office to keep the state’s workers’ comp rates at current …

People – East

The MEMIC Group, a Portland, Maine-based workers’ compensation carrier, has announced the promotion of Eileen M. Fongemie and Deborah E. Lander. Fongemie has been named director of finance. In this capacity, she will be responsible for planning, direction and management …

Oklahoma to Allow ACA Non-Compliant Health Insurance Policies

Oklahoma Insurance Commissioner John Doak announced that health insurers may continue to renew policies not meeting Affordable Care Act requirements through 2016. The announcement came after the federal government released updated health care enrollment figures. As of March 1, nearly …

Dallas-Area Staged Accidents Scam Leads to Guilty Plea

A Dallas-area man has pleaded guilty to fraud in staged traffic accident schemes worth $5 million that have been going on since 2005. Prosecutors in Dallas say 61-year-old Leroy Nelson of DeSoto pleaded guilty to mail fraud and to engaging …

Houston Insurance Agents Honor Dean with Outstanding Service Award

Bob Dean, former president and CEO of Houston-based Dean & Draper Insurance Agency LP, has received a posthumous award for his unparalleled service to the insurance industry throughout his career. The Independent Insurance Agents of Houston (IIAH) honored the late …

Arkansas Regulators Warn Against Misleading Public on ACA Portals

Apparently some insurance providers, producers and others are attempting to place business through portals unlicensed to sell Affordable Care Act qualified health plans by leading consumers to believe the plans are qualified, and Arkansas Insurance Commissioner Jay Bradford wants them …

Louisiana Citizens Policyholders Receiving Application Refunds

Policyholders of Louisiana’s property insurer of last resort have begun receiving refunds for application fees that were charged to them without their knowledge, the state insurance department announced. The refunds for Louisiana Citizens Property Insurance Corp. (Citizens) policyholders are being …

People – South Central

Houston, Texas-based independent Insurance agency, Brady, Chapman, Holland & Associates Inc., elected Timothy J. Brady to senior vice president and equity partner. Prior to joining BCH, Brady gained experience in the wholesale brokerage and insurance company sectors. While at AmWINS …