Auto insurance rates in Michigan have increased an average of 7 percent so far in 2003, according to the Insurance Institute of Michigan (IIM). Nationally, auto insurance costs are expected to rise 8.5 percent this year. Despite the rising costs, …
Disaster Kleenup International, Inc., a network of quality, independent property damage restoration contractors, appointed Mark Savinsky as a new regional marketing director. Savinsky will be responsible for sales, marketing and industry-relations activities for the company, concentrating on the state of …
With Hurricane Isabel spinning in the Atlantic and heading toward likely landfall somewhere along the southeastern United States, Florida Chief Financial Officer Tom Gallagher is warning homeowners that it is critical now to prepare for a potential strike. “Being prepared …
Illinois-based Disaster Kleenup International, Inc., a network of quality, independent property damage restoration contractors, appointed Kelly McGorray as its new marketing manager and claims administrator. McGorray will be responsible for the development of all of DKI external marketing initiatives, including …
Insurance Services Office, Inc. (ISO) is enhancing its ClaimDirectorSM claims-scoring service to score workers compensation claims — at first notice of loss and throughout the life of the claim. ISO’s ClaimDirector, which already scores personal auto liability claims, is a …
ARIAS U.S., a not-for-profit corporation that seeks to improve the insurance and reinsurance arbitration process, has launched a new Internet search system that allows insurance and reinsurance companies and their outside counsel to identify arbitrators by 128 characteristics of professional …
Alain Thibault, chairman of the Board of Directors of the Property and Casualty Insurance Compensation Corporation (PACICC) announced that Paul Kovacs has been named PACICC’s next president and CEO, succeeding retiring CEO, Alex Kennedy, who will be leaving on Dec. …
The National Insurance Crime Bureau (NICB) has chosen LexisNexis™ Insurance Solutions page as part of their efforts to assist insurance companies and law enforcement in their investigations and in the battle against insurance fraud. The NICB partners with insurers and …
Louisiana Insurance Commissioner Robert Wooley announced that a former insurance agent (producer) in Haynesville, La., was ordered to cease and desist from all activity in the business of insurance in the latest investigation of insurance fraud across the state. Department …
American International Group has agreed to pay $10 million to settle a case brought in U.S. District Court in Manhattan by the Securities and Exchange Commission. The company was accused of designing a policy for Indiana-based cell phone distributor, Brightpoint …