Newsbriefs

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...

CPIA PLANS PRO-TO-PRO RETREAT

Agency and company executives are invited to attend the CPIA Society’s 16th Annual PRO-to-PRO Executive Retreat on March 20-22, 2003...

COLO. COMMISSIONER RESIGNS

Colorado Insurance Commissioner William Kirven III announced his resignation from the Division of Insurance. “The governor asked for his resignation,...

SAFECO REPORTS 2NDQ GAINS

Seattle-based SAFECO has reported second-quarter income before charges and gains of $46.8 million, or $0.37 per diluted share. This compares...

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