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

N.Y. Gov. Seeks Federal Assistance for Storm Victims

New York Governor George Pataki has asked President Bush to declare a major federal disaster for 15 counties and contiguous areas across the State, making them eligible for federal assistance as a result of a continuing series of strong storms …

Neb. Gov. Reports 19 Counties Approved for Drought Relief; Requests Additional Counties

Nebraska Gov. Mike Johanns received word this week that U.S. Secretary of Agriculture Ann Veneman has designated 19 Nebraska counties as disaster areas due to the ongoing drought. The Governor also requested additional designations for the western Nebraska counties of …

Calif. Commissioner, State Sen. Vow to Continue Fight to Help Fire Victims

Vowing to help bring justice to Southern California firestorm survivors, as well as future victims of disasters, Insurance Commissioner John Garamendi and Senator Martha Escutia, D-Whittier, announced Thursday they will reintroduce legislation designed to protect the rights of homeowners who …

Conning Study Finds P/C Expense Revolution Overdue

mparedConning Research & Consulting, Inc. has released a study which concludes that P/C insurers’ cost of doing business “has stagnated over the past 20 years, contrasting the remarkable efficiency gains achieved by many other industries.” As an example Conning compared …

Best Announces Ratings on 55 Canadian P/C Insurers

A.M. Best Co. announced that it has “affirmed the financial strength ratings of 38 Canadian insurers, downgraded the ratings of four, upgraded the ratings of nine and assigned initial ratings to four Canadian property/casualty insurers.” Best said the reason for …

Best Affirms Ocaso ‘A+’ Rating

A.M. Best Co. announced that it has affirmed the financial strength rating of “A+” (Superior) of Spanish funeral and household insurer Ocaso, S.A. Seguros y Reaseguros with a stable outlook. “The rating reflects the company’s excellent business profile, excellent and …

Watters Asks Insurers to Protect Auto Cover for Mich. Soldiers Overseas

Office of Financial and Insurance Services (OFIS) Commissioner Linda A. Watters issued a bulletin asking Michigan insurers to make sure that members of the U.S. Armed Forces returning home to Michigan do not have any trouble renewing their automobile insurance …

W. Va. Gov. Says Enough Doctors Exist for Network

Gov. Bob Wise announced this week another step toward bringing health care to all West Virginians – making insurance available to uninsured small businesses. As part of the Governor’s Health Insurance Plan for Small Business, the Public Employees Insurance Agency …

Vision Insurance Group, eAutoclaims Expand Relationship to Add Services

Florida-based eAutoclaims announced that Vision Insurance Group has signed a new annual contract, expanding their relationship to include an additional service now provided by eAutoclaims. Vision Insurance group has been using eAutoclaims’ Internet-based auto appraisal management tool, eJusterSuite, for more …

Atlantic Benefit Services Hires Rodgers to Lead EBP

Massachusetts-based Atlantic Benefit Services, part of The Atlantic Insurance Group has hired Michael Rodgers, Jr. as managing partner and employee benefits practice leader. Prior to joining Atlantic, Rodgers gained more than 12 years of employee benefits experience holding senior consulting …