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

Voinovich to Return Rogers Contributions

After earlier resisting pressure to return campaign donations from convicted insurance fraudster Larry Rogers, Ohio Sen. George Voinovich has changed his mind, according to the Associated Press. Rogers, co-founder of now bankrupt of PIE Mutual Insurance Co., gave $85,000 to …

J.D. Power and Associates Says Auto Premiums Continue Significant Growth, Customer Satisfaction Stable

Automotive insurance premiums show no sign of leveling off as rates increased an average of 13 percent since 2002, according to the J.D. Power and Associates 2003 National Auto Insurance Study(SM). Despite increasing costs, customer satisfaction with auto insurance providers …

Westbourne International Obtains Injunction Against Arrowhead

California-based Westbourne International obtained an injunction against Arrowhead General Insurance Agency earlier this week after a federal jury had previously awarded the company over $5.8 million stemming from Arrowhead’s reported infringment of Westbourne’s software. According to a sworn statement by …

Gov. Davis Signs Anti-Consumer Privacy Bill

Gov. Gray Davis signed California financial privacy legislation into law Aug. 28, enacting one of the nation’s most restrictive state privacy measures, according to the Association of California Insurance Companies (ACIC), an affiliate of the National Association of Independent Insurers …

Alleged Auto Fraud Ring Busted in N.C.

North Carolina Insurance Commissioner Jim Long announced the arrest of five suspects believed to be part of an extensive auto insurance fraud ring operating in Forsyth and Guilford Counties. Criminal investigators from the Department of Insurance (DOI), accompanied by officers …

SIR Conference Set for Nov. 16-19

The Society of Insurance Research, will hold its Annual Conference/Workshops/Fair, Nov. 16-19 at the Don CeSar Resort in St. Pete Beach, Fla. For information, contact Stan Hopp, (770) 426-9270, stanhopp@mindspring.com, or log onto: www.sirnet.org

Benchmark Medical Consultants Forms Alliance with Second Image

In a move that will reportedly save insurance companies and attorneys significant amounts of time and money, California-based Benchmark Medical Consultants announced a new joint-services partnership with California’s Second Image Document Service that will transform the way important documents vital …

LoJack, Chubb Partner to Combat Commercial Equipment Theft

The Chubb Group of Insurance Companies and LoJack Corporation, a provider in stolen vehicle recovery technology, announced a marketing arrangement. Under this arrangement, LoJack will provide Chubb customers who have contractors’ equipment commercial inland marine insurance with a free extended …

Nev. Dental Liability Rates to Increase

Nevada Insurance Commissioner Alice A. Molasky-Arman has approved revised rates for the National Dental Program insured by Continental Casualty Company. The National Dental Program policies may include professional liability, general liability and property coverages. The company received approval to increase …

La. Health Conference Set for Sept. 23

The Eighth Annual Health Care Conference, sponsored by the Louisiana Department of Insurance, will focus on regulatory issues in the private insurance market and their impact on rising health insurance premiums, according to Commissioner of Insurance Robert Wooley. The Conference …