Monthly Archives: <span>April 2003</span>

FNF Acquires Mutual of Omaha Flood Business

Fidelity National Financial, Inc., a provider of products, services and solutions to the real estate and financial services industries, has entered into a definitive agreement to acquire the flood insurance business of Mutual of Omaha’s subsidiary, Omaha Property and Casualty …

Mass. Bill Would Reportedly Simplify Adoption of Privacy Regulations

A Massachusetts bill giving the insurance commissioner authority to promulgate privacy regulations consistent with the federal Gramm-Leach-Bliley (GLB) law would avoid many of the problems associated with adopting a “model” bill, according to the National Association of Independent Insurers (NAII). …

TWCC Presents Educational Seminar in Midland

The Workers’ Health and Safety division of the Texas Workers’ Compensation Commission will present a one-day educational seminar on Warehouse Safety on Wednesday, April 30, from 8 a.m. to 5 p.m. Registration begins at 7:30 a.m. The seminar will take …

Mich. CIS Summarily Suspends Perry Chiropractor’s License Due to Conviction

The Michigan Department of Consumer & Industry Services (CIS) has summarily suspended the chiropractic license of J. Edward Rassel, D.C., due to a felony conviction. From 1997-2000, Rassel reportedly submitted bills to insurance companies for manipulative treatments that were allegedly …

TAPA: MICRA Expert Reports Cap on Noneconomic Damages Essential

The following was issued Tuesday by Texas Alliance for Patient Access: Testimony before the Texas Senate’s State Affairs Committee has focused on whether Texas should embrace the effective health care lawsuit reforms that California enacted 28 years ago. California’s landmark …

Harleysville Group Notes 1stQ Results

Pennsylvania-based Harleysville Group Inc. announced that it expects 2003 first quarter diluted operating earnings to be in the range of $0.22 to $0.26 per share. For the comparable period in 2002, the company reported diluted operating earnings of $0.43 per …

Ga. Motorcycle Shop Fire Ruled Arson

Georgia Insurance Commissioner John Oxendine and Gwinnett County Fire Chief Jack McElfish announced that a pair of fires at a motorcycle shop in Lilburn have both been ruled arson. A Gwinnett County firefighter, Lt. John Robert Patrick, died while fighting …

Insurers Offer Special Benefits to Military Personnel

Property/casualty insurers are doing their part to support military personnel serving in Iraq by waiving requirements to complete educational classes for insurance producers or agents while they are on active duty and temporarily delaying premium payments for policyholders participating in …

Premiums for Commercial P/C Moderate; Signs Market May Be Stabilizing

Nineteen months after the World Trade Center attacks sent the market into turmoil, premium increases for commercial property/casualty insurance are moderating, and there are signs the marketplace is beginning to stabilize, according to the First Quarter 2003 Market Index survey …

AAI Recommends Change to Del. Credit Information Regulation; Says Credit Score Important Tool for Identifying Risks

A measure proposed by the Delaware Department of Insurance aimed at regulating property/casualty insurers’ use of credit-based insurance scores needs further changes to strike a reasonable balance between the needs of all affected parties, the Alliance of American Insurers (AAI) …