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

Sapulpa Auto Pool of Kansas City Notes Expansion

Sapulpa Auto Pool of Kansas City, an independent salvage pool with affiliated branches serving the Tulsa and Oklahoma City markets, announced the acquisition of a 70-acre parcel directly adjacent to its current facility. This expansion brings the total auto storage …

ISO’s Coyne: Survival May Be Greatest Challenge for Many P/C Insurers

With all signs pointing to increasing competition in U.S. property/casualty markets, the most important challenge many insurers face may be survival itself, an industry leader said Tuesday. In remarks at the 76th Annual Insurance Accounting & Systems Association Conference, ISO …

Malpractice Insurer Exit From Mass. Worries Physicians

The impending departure of one of the few remaining commercial insurance companies offering liability coverage for physicians in Massachusetts is yet more evidence that the state faces a real crisis in professional liability insurance for physicians, according to the top …

Alaska Gov. Signs Six Bills; Emergency Responders, Airstrip Liability Among Areas Covered

Alaska Governor Frank Murkowski has signed into law six bills sponsored by Fairbanks legislators. He also read and signed a joint resolution. The bills covered the following issues: protection for emergency responders; liability for airstrips; garnishment of PFDs for overdue …

SBA Offers Tips to Survive Hurricane Season

With the beginning of the six-month Atlantic hurricane season, which runs from June 1 to Nov. 30, the U.S. Small Business Administration is urging homeowners and businesses to plan and prepare for the worst-case scenario by taking steps in advance …

Former N.C. Agent Under Investigation for Embezzlement

North Carolina Insurance Commissioner Jim Long announced Gevedon Insurance Agency, of Columbus, is currently under criminal investigation for numerous charges of alleged embezzlement. Polk County Sheriff’s Department and Columbus Police Department have been brought in to work with the North …

ADP Claims Services Group Unveils New Solution

California-based ADP Claims Services Group, a provider of integrated business solutions for the property and casualty, collision repair and automotive recycling industries, announced the availability of ADP Estimating, the first reported full-featured Web-based estimating solution. ADP Estimating offers all the …

Many See Caps in Oklahoma Tort Reform Bill as Fair

Trial lawyers and doctors, who stood on opposite sides of the tort reform debate in the Oklahoma Legislature, seem to agree that the caps on non-economic damages in Oklahoma’s new law were a fair compromise, the Associated Press reported. However, …

New Orleans to Get New Flood Insurance Rate Maps

Under the auspices of the Federal Emergency Management Agency’s Map Modernization Program, the city of New Orleans, FEMA and the U.S. Army Corps of Engineers are working together to develop new flood insurance rate maps for New Orleans. Orleans Parish’s …

Universal American Financial Launches Senior Solutions Triple Option After Heritage Health Acquisition

Houston-based Universal American Financial Corp., which provides health and life insurance for seniors, announced it has launched Senior Solutions Triple Option, a comprehensive portfolio of Medicare products that includes Medicare supplement plans, Medicare Select plans, and TexanPlus, a Medicare Advantage …