June 23, 2003
Lloyd’s has released the results of a survey, which shows that the demand for specialist insurance cover is expected to rise significantly over the next two years as a direct result of European weather and liability exposures. Lloyd’s conducted the …
June 23, 2003
A Cocoa, Fla.-area agent surrendered her insurance license following charges by the Florida Department of Financial Services that she misappropriated premium funds. According to the department, it filed an administrative complaint alleging that Gabrielle Shockey, 34, sold insurance policies to …
June 23, 2003
Illinois Reps. Karen Yarborough (D-Maywood) and John Millner (R-St. Charles) are holding two hearings to give agents and the public a forum to discuss the effectiveness of the state’s mandatory insurance laws. Newly appointed Insurance Director J. Anthony Clark has …
June 23, 2003
A Los Angeles insurance agent has filed a counter-claim against 21st Century Insurance Group (formerly known as 20th Century Insurance) over the use of the name “21st Century Insurance” in Los Angeles County. Alfred Bunmi George, owner of Los Angeles-based …
June 20, 2003
Use of credit-based insurance scores, regulatory reform, medical liability and auto repair issues were among the most significant bills considered during the 2003 regular legislative session in Nevada, which concluded earlier this month. Nevada joined other states this year in …
June 20, 2003
The PLRB/LIRB/WLA Great Lakes Adjuster Conference will be held Sept. 17-19 at Marriott’s Lincolnshire Resort in Lincolnshire, Ill. The curriculum has been formulated by PLRB/LIRB to address the core skills necessary for effective property/casualty claim adjustment and supervision. There will …
June 20, 2003
A Louisiana bill that would reportedly overhaul the state’s FAIR and Coastal plans passed both the Senate and House this week and is headed to Gov. Mike Foster’s desk for his signature. House Bill 1788, which creates the Louisiana Citizens …
June 20, 2003
Martin D. Weiss, the head of the Florida-based rating service that bears his name, couldn’t have chosen a better way to ramp up the debate over medical malpractice lawsuits, and the increased costs of insurance coverage, than to challenge the …
June 20, 2003
Show Management for the International Autobody Congress & Exposition (NACE) and the show sponsor, the Automotive Service Association (ASA), announced that starting in 2004, NACE will be held in Las Vegas annually and will take place during the same week …
June 20, 2003
On Thursday, the Senate Judiciary Committee began its consideration of S. 1125, the Fairness in Asbestos Injury Resolution (FAIR) Act of 2003.” Next Tuesday, it is expected that the Committee will reconsider this bill. Senate Judiciary Committee Chairman Orrin Hatch, …