Monthly Archives: <span>January 2004</span>

West Virginia Operating with Tort Reform Concerns

Like many other parts of the country, West Virginia is looking to answers to improve tort reform in the state. Recently, Insurance Journal Southeast spoke with Randy Cox, American Insurance Association West Virginia Counsel. Cox looks at how the state …

CBC National Relocates Offices

CBC National, Inc., a claims recovery firm, has relocated its corporate offices to Saddle River, N.J. This month, CBC is moving to the Saddle River Executive Centre, Bergen County’s newest corporate address located at One Route 17 South. The company …

Mo. Residents Advised to Check Coverage

Every January, Missourians pledge to “exercise more” or “lose weight” in 2004, but their New Year’s resolutions usually doesn’t include “get smarter about insurance.” Maybe they should. A recent national survey reportedly found only 33 percent of Americans said they …

BCE Emergis Finalizes Purchase of WARE Solutions

BCE Emergis Inc. and WARE Solutions Corporation announced that they have successfully closed the transaction whereby BCE Emergis acquired all of the issued and outstanding shares of WARE Solutions. Under the terms of the agreement which was previously announced, BCE …

ATRA to Kick Off Texas “Judicial Hellhole” Campaign

The American Tort Reform Association (ATRA) announced it is launching a campaign this week against judicial districts in Texas that have gone askew. The campaign kicks off Jan. 22, 2004 in Jefferson County, Texas, which was identified in ATRA’s “Judicial …

IRC Study Reports Skyrocketing Auto Injury Losses Despite Drop in Serious Injuries

A new study by the Insurance Research Council (IRC) reportedly finds that reported losses in auto injury claims are escalating in spite of the fact that the rate of serious auto injuries has decreased. In the past five years, increases …

ICAC Donates $10,000 in Reward Money to Capture Calif. Arsonist

The Insurance Committee for Arson Control (ICAC) has donated $10,000 and joined other private and public agencies to offer a reward for information leading to the arrest and conviction of the person or people who intentionally set the wildfires in …

NYS Senate to Hold Auto Fraud Hearing

The New York State Senate Insurance Committee plans to hold a hearing Feb. 9 on New York’s auto insurance fraud problem. Fraud investigators and the insurance department are expected to testify on how staged accidents are spreading around the state. …

Pa. Stresses Importance of ‘Get Smart About Insurance Week’

The Pennsylvania Insurance Department and the National Association of Insurance Commissioners are teaming up to encourage consumers to get smart about their insurance coverage during the third annual “Get Smart About Insurance Week,” which starts today and continues until Jan. …

Benfield Study Finds Reinsurance Rates Holding Firm

Benfield, an independent insurance intermediary, has released a new report, which concludes that despite ”ample capacity and signs of resurgent competition, the reinsurance market generally maintained underwriting discipline during the 2003/4 renewal season.” The 63-page report, Holding the Line, notes …