Newsbriefs

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...

NAME CHANGE CAN’T HIDE FRAUD

A Travis County District Court found that a Houston company changed its name several times while trying to avoid prosecution...

AMERICAN NAT’L PROFITS JUMP

Texas-based American National Insurance Company reported its gain from operations after tax for the second quarter of 2002 was $27,565,000...

RATE HIKES EXPECTED

Multiple rate hike requests from insurers and consumer concerns prompted Louisiana Governor Mike Foster to hire an advisor to assist...

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