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

International Marine Insurance Services, Markel American Partner a Program for World Cruisers

International Marine Insurance Services (IMIS) and Markel American Insurance Company have partnered to establish The JacklineSM Insurance Program for world cruisers. Much like the safety gear after which it is named, this insurance program is designed with the intent of …

A.M. Best Places FSR of National Service Under Review

A.M. Best Co. has placed the financial strength rating of A- (Excellent) of National Service Contract Insurance Company RRG (NSC) (Hawaii) under review with negative implications. The status will remain pending the results of an independent actuarial analysis of the …

Sacia Named Managing Director for Acordia’s Northwest Area

Acordia announced that John Sacia is the managing director of Acordia’s Northwest Area in its Mountain West Regional operation. The newly formed Northwest Area includes the company’s Seattle and Portland offices. In his new capacity, Sacia will be responsible for …

RE/MAX, USI Note Partnership

RE/MAX of Texas announced a partnership with USI to develop a partial self-insurance fund for real estate professional liability insurance, exclusively for RE/MAX of Texas franchisees. The USI program is underwritten by Lexington Insurance, an AIG subsidiary with A.M. Best …

IIABA Hails House Passage of Class Action Reform Bill

Independent agents and brokers reportedly believe a class action reform bill approved late last week by the House of Representatives will help return a sense of normalcy to interstate class-status lawsuits and protect the rights of consumers and defendants, said …

Texas Assoc. of REALTORS Says 78th Legislature Good for Property Owners But Could Have Been Better

Now that the 78th Texas Legislature is over, George Stephens, chairman of the 60,000-member Texas Association of REALTORS®, credits state lawmakers for protecting the rights of private property owners while acknowledging there is still room for improvement in future sessions. …

Former N.Y. Broker Charged with Selling False Workers’ Comp Policy

New York State Insurance Department Superintendent Gregory Serio announced the arrest of Ross Anderson, 47, a former insurance broker, on charges that he falsified business records by selling fraudulent insurance, leaving a customer without proper coverage. An investigation by the …

GAB Robins Expands Auto Services Program

GAB Robins Group of Companies, announced that it is expanding its Auto Services program and has selected ADP Claims Services Group as its supplier of choice for automobile estimating software. With the help of ADP’s PenPro® software, GAB Robins adjusters …

Guidewire Chosen by CNA for Enterprise-Wide Claim Initiative

Guidewire Software, a provider of claims solutions to property and casualty insurers, announced that CNA has selected Guidewire ClaimCenter as the technology cornerstone of an enterprise-wide initiative to enhance its Claim operations. ClaimCenter will provide a foundation for the improvement …

Coalition Leaders Address Fla. Med-Mal Crisis

Leaders of a broad-based coalition of healthcare and business groups told the Florida Legislature on Monday that “there’s just one decision left to make” in the medical liability crisis – whether they have the resolve to pass Governor Jeb Bush’s …