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

Paul Davis Restoration Opens New Office

Paul Davis Restoration has opened a new office in Texas. The address is: 1915 Peters Rd., Ste. 208, Irving, Texas, 75061. The phone number is (972) 785-2700. The office is the 235th office in the Paul Davis Restoration network.

Safeco to Stop Selling Calif. Homeowners

Seattle-based Safeco Corp. will stop selling homeowners policies in California in response to Commissioner John Garamendi’s emergency regulation restricting insurers’ use of the CLUE database. The action, which a Safeco spokesman Paul Hollie described as temporary, became official on July …

New Tool in IBC’s Arsenal to Fight Crime

A new tool has been introduced by Insurance Bureau of Canada (IBC) that reportedly makes it faster and easier for people working in the insurance industry to submit claims information, particularly on suspicious claims. The bilingual Web Claims Submission system …

DKI Member Companies Recognized with Chrysalis Awards

Disaster Kleenup International, Inc., a network of quality, independent property damage restoration contractors, announced that member companies Bowles Construction and A & I, Inc. have been recognized with the Chrysalis Award for Remodeling Excellence. The Chrysalis Awards are presented each …

Mitchell Medical Claims Division Takes Control of Workflow with Perceptive Vision’s ImageNow

Kansas-based Perceptive Vision, Inc. (PVI) announced the recent implementation of ImageNow document imaging, management and workflow solutions for Mitchell Medical, a division of Mitchell International. For 18 years, Mitchell Medical has provided the P/C market with a variety of technology, …

Freeman Orders Conservatorship For Agency

Former Oklahoma County District Court Judge Leamon Freeman ordered increased supervision by the Oklahoma Insurance Department over a Bethany insurance agency accused of deceiving its clients out of hundreds of thousands of dollars. Freeman was acting as a hearing examiner …

IRC Survey Says N.Y. Residents Show Greater Tolerance for Fraud than Americans Countrywide

According to a new study released by the Insurance Research Council (IRC), respondents residing in New York State were more likely than respondents nationwide to agree that it is acceptable to increase an insurance claim by a small amount to …

A.M. Best Updates Legal & General Assurance Society

A.M. Best Co. commented on the financial strength rating of A++ (Superior) of Legal & General Assurance Society Ltd (L&G), United Kingdom, following the release of its first six months’ results for 2003. The rating remains unchanged at A++ with …

RTW Reports Profitable Q2

Minneapolis-based RTW Inc., which manages both insured and self-insured workers’ compensation programs, reported net income for the second quarter ended June 30, 2003, of $639,000, or 12 cents per basic and diluted share and $1.2 million, or 23 cents per …

W.R. Berkley Corp. Reports 96% Increase in Q2 Net Operating Income to $67.6M

Connecticut-based W. R. Berkley Corporation reported second quarter net income of $95.8 million, or $1.65 per share, up from $27.4 million, or 52 cents per share, a year ago. Net operating income for the second quarter of 2003 was $67.6 …