Newsbriefs

COURT UPHOLDS BROWN CONVICTION

A federal appeals court recently upheld the felony conviction of suspended Louisiana Insurance Commissioner Jim Brown but, according to the...

WILLIS CHOOSES THE HARTFORD’S BMG

The Hartford Financial Services Group announced its Business Management Group (BMG) will provide agency management expertise to Willis Commercial Network...

TEXAS MUTUAL IN THE MONEY

Texas Mutual Insurance Company will be distributing some $22 million in dividends to qualifying policyholders for 2002. As in previous...

TEXAS FIRE DEPTS. GET GRANTS

The fire and emergency services department of West University Place and Harris County, Texas received arson grants in the amounts...

OKLA. REFORM ORDER PRAISED

An order signed last week by Oklahoma Insurance Commissioner Carroll Fisher will ease regulatory restrictions on an insurer’s ability to...

NAII: CHANGE ARK. SCORING RULE

The National Association of Independent Insurers (NAII) has asked the Arkansas Department of Insurance (DOI) to remove several of what...

STATES SUE BANKS IN FRANKEL CASE

Five Southeastern states that lost $200 million to financier Martin Frankel’s reported insurance schemes filed suit against their banks, arguing...

AON SHARES TANK, SPIN-OFF DELAYED

Aon Corp. shares dropped 30 percent Aug. 7 after the broker posted lower-than-expected second-quarter results and announced the possible impact...

SENATE MAY CONSIDER ASBESTOS

Following comments by Sen. Patrick Leahy (D-VT) at last week’s U.S. Senate Judiciary Committee hearing on class action reform, the...

ETHICS, E&O AND MORE

The Independent Insurance Agents of Texas’ (IIAT) new schedule of courses for fall 2002 includes classes in ethics and E&O...

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