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

ABRA Receives Consumers’ Choice Award Fourth Consecutive Year

ABRA Auto Body & Glass announced that their repair centers in the Atlanta market have been chosen for the fourth consecutive year as the recipient of the Consumers’ Choice Award in the Auto Body Repair category. Operations Managers Lee Rush …

Everest Re Group Posts $104M Q1 After Tax Operating Income, Uos Earnings Forecast

The Barbados-based Everest Re Group, Ltd. reported first quarter 2003 after-tax operating income of $104.1 million, or $2.02 per diluted share, a 58 percent increase compared to $66.1 million, or $1.35 per diluted share in the first quarter of 2002. …

Montpelier Re Expects Q1 Earnings Per Share Between $1.48 and $1.58

Bermuda-based Montpelier Re Holdings Ltd., a subsidiary of the White Mountains Group, announced that it expects to report first quarter diluted earnings per share between $1.48 and $1.58. Anthony Taylor, President and CEO noted, “Our preliminary review indicates that the …

Calif. Commissioner Increases Access to SCIF for Small Employers

Reaffirming his instruction that it remains California’s “insurer of last resort,” Commissioner John Garamendi directed the State Compensation Insurance Fund (State Fund) to ease access requirements for small employers who pay $25,000 or less in estimated annual premium (EAP) seeking …

American Casualty Offers New Program for Nurse Anesthetists

Nevada Insurance Commissioner Alice A. Molasky-Arman approved a new professional liability program for certified registered nurse anesthetists, filed by American Casualty Company. The program will be offered to members of the Magaw Healthcare Professionals Purchasing Group Association and will be …

Judges to Offer Views on Tort Reform at Alliance’s Calif. Meeting

A group of judges will give their perspectives on the issue of tort reform during one of the panel discussions that will highlight the 81st Annual Meeting of the Alliance of American Insurers. The meeting will be held April 27-29 …

ISO’s New Services Now Connects Insurers’ Extranets to Risk-Management, Loss-Control Info. Database

Insurance Services Office, Inc.’s (ISO) Engineering and Safety Service (E&S) unit has introduced a new Enterprise Subscription Service that enables insurance companies to connect their extranets for agents, policyholders and risk managers directly to the E&S database for business-related risk-management …

Ariz. Man Indicted on Multiple Fraud Counts in Nev.

Nevada’s Clark County Grand Jury indicted Pavel Daniel Oprea, 37, on nine felony counts of insurance fraud including three counts each of the following: false application to insurer, false claim for insurance benefits, and obtaining money by false pretenses. Oprea’s …

Calif. Public Works Ops Manager Arrested for WC Fraud

The California Department of Insurance (CDI) Fraud Division arrested Doyle E. Champlain, 45 of Orangevale, Calif., without incident on five felony counts of insurance fraud and one felony count of attempted perjury. On Nov. 30, 2001, Champlain allegedly made a …

Calif. Commissioner Increases Access to SCIF for Small Employers

Reaffirming his instruction that it remains California’s “insurer of last resort,” Commissioner John Garamendi directed the State Compensation Insurance Fund (State Fund) to ease access requirements for small employers who pay $25,000 or less in estimated annual premium (EAP) seeking …