December 23, 2003
The Insurance Council of Texas issued a reminder that new insurance legislation affecting the use of credit scores, water damage claims and the regulation of public adjusters is being put into place in Texas in 2004. The ICT noted that …
December 23, 2003
Ohio Department of Insurance Director Ann Womer Benjamin announced that OHA Insurance Solutions (OHAIS) Inc. has been licensed to begin selling medical liability coverage statewide to a limited number of physicians starting Jan.1 and to hospitals starting in March. Created …
December 23, 2003
Humana Inc. announced that its subsidiary, Humana Insurance Company, reached a definitive agreement with the Ochsner Clinic Foundation of New Orleans, La., to acquire all of the outstanding shares of common stock of Ochsner Health Plan. Ochsner Health Plan is …
December 22, 2003
According to results released by the Insurance Information Institute, the U.S. property/casualty industry’s net income after taxes rose to $21.1 billion in the first nine months of 2003 from $5 billion through nine-months 2002, as both underwriting and investment results …
December 22, 2003
Nine owners or employees of area auto repair shops were arrested and charged with auto insurance fraud following a lengthy investigation by a multi-agency task force headed by the District Attorney’s Bureau of Investigation, District Attorney Steve Cooley announced in …
December 22, 2003
The Independent Insurance Agents of Texas announced that more than 350 of the state’s most progressive and influential agency principals and managers will gather for its Joe Vincent Management Seminar Jan. 25 – 27, 2004, at the Renaissance Austin Hotel. …
December 22, 2003
Columbus, Ohio-based ProCentury Corporation (ProCentury) announced it has filed a registration statement with the Securities and Exchange Commission for an initial public offering of its common shares. ProCentury is a specialty property and casualty insurance holding company that markets and …
December 22, 2003
Ohio Casualty Corporation announced that Myra C. Selby of Indianapolis, Ind., has resigned from its Board of Directors. Selby, who was named a director of the Board on Aug. 21, 2003, indicated her resignation was appropriate due to a conflict …
December 22, 2003
Torrential rains in the Central Philippine Islands of Leyte and Mindinao caused a series of mudslides, beginning Friday night, in which an estimated 200 people have reportedly lost their lives. Authorities also fear another tragedy in the region as a …
December 22, 2003
Bud Stumbaugh, CEO of AssuranceAmerica Corp. announced that its subsidiary, AssuranceAmerica Insurance Company, a P/C insurer that focuses on the nonstandard private passenger automobile market, will commence writing business in South Carolina later this month. “We are very excited to …