January 24, 2003
An insurance adjuster faces a maximum sentence of five years and a $250,000 fine after pleading guilty to mail fraud in U.S. District Court in Lexington, Ky. According to the Lexington Herald-Leader, Wail J. Lodhi of Bradenton, Fla., promised to …
January 24, 2003
In a lawsuit filed in the Los Angeles Superior Court recently, Irvine-based Caliber Collision Centers asked the court to compel the Bureau of Automotive Repair to stop engaging in a regulatory practice that is “unlawful” and denies Caliber and other …
January 24, 2003
In an opinion released Thursday, the Florida Supreme Court reconfirmed two key principles of insurers’ litigation management practices: the insurer’s status as co-client with the policyholder, and the right of insurers to use staff attorneys to defend the interests of …
January 24, 2003
Navigators Pro, a division of Navigators Management Company, a subsidiary of The Navigators Group, Inc., has introduced EPL Analytex(SM) its Employment Practices Liability Policy. EPL Analytex(SM) responds to the needs of small to medium-sized corporations for an increased level of …
January 23, 2003
Florida-based DriverShield Corp. has signed a non-binding Memorandum of Understanding to acquire Presidion Solutions Inc., a Professional Employer Organization (PEO) headquartered in Troy, Michigan. Presidion is one of the nation’s largest PEOs with more than 3,500 clients, 50,000 worksite employees …
January 23, 2003
The National Association of Independent Insurers has issued a statement strongly supporting the new insurance regulations contained in a Bill introduced last week in the New Hampshire legislature by Rep. John Hunt, chairman of the House Committee. The NAII worked …
January 23, 2003
Standard & Poor’s reports that it is monitoring the effect of the Australian bushfire crisis on the local insurance industry, given that estimates of the insurance claims bill are already exceeding A$150 million and that the fires show no early …
January 23, 2003
San Diego-based Mitchell International Inc. announced that Tony Aquila, executive vice president of Sales, Marketing and Product Management, has been appointed to the position of president and chief operating officer (COO). “Tony’s outstanding track record in the automotive claims industry, …
January 23, 2003
Zurich American Insurance Company (ZAIC) has given additional details, and clarified the company’s position, on the recently filed lawsuit against Larry Silverstein and other entities in a dispute related to the destruction of the World Trade Center. (See IJ Website …
January 23, 2003
The California Workers’ Compensation Insurance Rating Bureau (WCIRB) has prepared and released a summary of loss cost estimates for eleven states and the District of Columbia that were published by the NCCI based on the terrorism model developed by EQECAT, …