June 11, 2004
Commissioner of Insurance Robert Wooley announced that Louisiana’s high risk health insurance pool is now accepting new enrollment for 225 policyholders. The Louisiana Health Plan provides health insurance to those individuals who have been denied coverage by traditional, private health …
June 11, 2004
Trisha Propson has been promoted to field claims representative at Wisconsin-based ACUITY. Propson has been with ACUITY since May 2000, starting as an inside claims representative. She was later promoted to senior inside claims representative, the position she held immediately …
June 11, 2004
The owner of a South Florida drywall and plastering company has been ordered to pay $110,000 in restitution after entering a no contest plea to two counts of workers’ compensation insurance fraud. Kraig Wayne Bryan, 33, owner of B&D Drywall …
June 11, 2004
California Insurance Commissioner John Garamendi on Thursday called on the International Commission on Holocaust Era Insurance Claims (ICHEIC) to improve and expedite its distribution of insurance claim payments to heirs of victims of the Holocaust. In a letter to ICHEIC, …
June 11, 2004
In an effort to protect New Yorkers from unscrupulous home improvement contractors, Attorney General Eliot Spitzer announced a series of enforcement actions and educational forums for consumers. “Home improvement fraud leaves consumers with empty wallets and ruined dreams,” Spitzer said. …
June 11, 2004
Mayfield Village, Ohio-based vehicle insurer Progressive Corp. against posted strong monthly results, reporting double-digit percentage increases in net premiums written and earned as well as net income for May 2004 when compared with a year ago. The company, which says …
June 11, 2004
The Connecticut Insurance Department has reminded automobile insurers that they may not deny reinstatement, refuse to write, or raise premium rates for members of the Armed Forces returning from active duty. At the urging of the National Association of Professional …
June 11, 2004
Standard & Poor’s announced that it is “keeping a close eye on developments” in the area of silica exposure, as they “could produce the kinds of litigation and insurance problems that asbestos has.” “The parallels to asbestos are of concern …
June 11, 2004
ACE Select Markets has published a list of its “Top Ten Tips” for homeowners on what to do to prevent and/or mitigate the consequences when a natural disaster strikes. “Devastating floods in the United States cause more than $2 billion …
June 11, 2004
Standard & Poor’s Ratings Services announced that it has revised its outlook on the U.S. commercial-lines insurance industry to stable from negative “based on the delicate balance now in play between the positive effect of strong earnings and the perpetual …