Arkansas Insurance Commissioner Mike Pickens announced that a guilty plea to a felony charge of violating the maintenance of home office records law has been entered for Gary Atnip, an alleged co-conspirator with Martin Frankel who reportedly perpetrated what has …
More than 25 of the nation’s leading drycleaning operators, with combined annual revenues of nearly $100 million, have joined to form the Alliance of Professional Restoration Drycleaners (APRD). The nonprofit organization, which continues to recruit qualified members, will provide insurance …
NAMIC will advocate on several issues during the National Conference of Insurance Legislators (NCOIL) meeting that lasts through Sunday in Savannah, Ga. State Relations Manager Neil Alldredge and Regulatory Affairs Vice President Roger Schmelzer will support a new resolution opposing …
A House bill limiting insurers from using credit-based insurance scores as the sole criterion in rating and underwriting passed the Georgia House Insurance Subcommittee this week. “H.B. 215 is substantially similar to the NCOIL credit bill, which recognizes the value …
The 2003 North Dakota legislative session reached its halfway point, requiring a host of insurance-related bills to pass at least one legislative body by Feb. 22, including legislation on insurers’ use of credit and the repeal of the no-fault auto …
The Nebraska Banking, Commerce and Insurance Committee has approved an insurance scoring bill favored by insurers while voting down a bill that would have banned the use of credit information by insurers. Legislative Bill 487, which follows the National Conference …
Four suspects were arrested following an investigation by the California Department of Insurance (CDI) Investigation Division for allegedly defrauding seniors out of millions. Lawrence John Deovlet, 60, aka: John Hartonian, of Westlake Village; Bassem (“Bob”) Btadini, 47, of Tarzana; Dessie …
Bermuda-based Trenwick Group Ltd. reported a net loss available to common shareholders of $198.1 million or $5.39 per share for the fourth quarter of 2002, compared to a net loss of $26.4 million or $0.72 per share for the fourth …
Pennsylvania-based Donegal Group Inc. reported its results of operations for the quarter and year ended Dec. 31, 2002. The company continued its trend of strong underwriting quarters during the fourth quarter of 2002 with the Company posting net income of …
The American Insurance Association (AIA) urged the New Jersey General Assembly to remain focused on competition and stabilizing the auto insurance market at an Assembly Banking and Insurance hearing on auto insurance reform. AIA Vice President and General Counsel David …