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

N.J. DOBI Publishes Guide to Credit Scoring for Agents

New Jersey’s Department of Banking and Insurance has published a useful guide to “what every insurance agent needs to know about credit-based insurance scores” on its Web site: www.state.nj.us/dobi/index.shtml. The guide states: “Insurance agents have the complex job of being …

Deutsche Bank Sues Allianz, AXA on Sept. 11 Building Claim

Deutsche Bank (DB) has filed suit against Allianz and AXA over a claim for damages to its building at 130 Liberty Street in New York City caused by the collapse of the World Trade Center towers. The suit, filed in …

Higginbotham & Assoc. Creates Specialty Transportation Unit

Fort Worth-based Higginbotham & Associates announced the formation of a dedicated Transportation Division, naming insurance executive Bill Spain managing director of the unit. Spain will continue to build the property and casualty business within the firm’s Dallas office, as well …

NAII and OSHA to Host Workplace Safety Workshop in Ill.

The National Association of Independent Insurers (NAII), in conjunction with individual insurers and OSHA, is hosting a workshop in Illinois focusing on workplace safety for small businesses. “Safety at Work I: Risk Management Techniques for Small Business” is designed specifically …

Berkshire Hathaway Says Profit Doubles

Berkshire Hathaway Inc. said on Friday second-quarter profit more than doubled, helped by rising insurance rates and investment gains from U.S. government bond sales. The Omaha, Neb.-based company, whose patchwork of businesses includes Geico, Dairy Queen and Fruit of the …

Maggie’s Law Underscoring Importance of Corporate Fatigue Management

Maggie’s Law, the recently signed New Jersey statute which turns drowsy driving into a criminal offense, could reportedly significantly increase the legal risks employers face from extended hours operations. Under the new law, a sleep deprived driver who causes an …

OCI Cautions Wisc. Residents to Report Suspicious Sales, Solicitations

Wisconsin residents are being cautioned by the Office of the Commissioner of Insurance (OCI) to question any person who represents themselves as working for the agency while marketing insurance or securities. The Office of the Commissioner of Insurance is a …

Coach Glass Expands Services

Coach Glass (www.coachglass.com) has expanded by handling the needs of the windshield claim industry for both the insured and adjusters alike. RV Glass Solutions (www.rvglasssolutions.com), the newest division of Coach Glass, has the capacity to use technology to better serve …

Mass. Decision Against Competition Reportedly Bad for Policyholders

The Massachusetts Insurance Commissioner’s decision to maintain the “fix-and-establish” rate-setting mechanism is bad news for most Massachusetts drivers, according to the American Insurance Association (AIA). “The ‘fix-and-establish’ system is simply government price fixing,” said Paul Moran, AIA vice president, northeast …

SIIS Presents Distinguished Service Award to Repinski

David Repinski, senior vice president of Cunningham Lindsey, U. S. was presented the 2003 Distinguished Service Award by Southwestern Insurance Information Service at their recent Annual Meeting in Dallas. The award is presented periodically to an individual who has contributed …