August 10, 2004
The former owner of a Milton, Florida automotive dealership has entered a plea of no contest to racketeering and organized fraud and has been ordered to begin making deposits of $5,000 a month into an escrow account that will be …
August 10, 2004
Ohio Gov. Bob Taft last week signed the following bills, which will be filed with the Secretary of State’s office. Substitute House Bill 183 , sponsored by state Representative David Daniels (R-Greenfield), amends the Ohio Revised Code to register professional …
August 10, 2004
ABRA Auto Body & Glass, a damaged vehicle repair company based in Minneapolis, announced the reorganization of its executive management team. According to Rollie Benjamin, president and CEO of ABRA, “This change is a natural response to the growth in …
August 10, 2004
Caliber Collision Centers, an operator of collision repair facilities in California and Texas, has named Tresa Parker as its Director of Client Services for Texas Operations, a new position designed to help strengthen new and existing relationships with insurance clients …
August 10, 2004
New Jersey Attorney General Peter Harvey announced that a Camden County insurance agent has been sentenced to state prison for reportedly stealing more than $429,000 as part of a complex insurance fraud and investment scheme in which he convinced family …
August 10, 2004
The Ohio Bureau of Workers’ Compensation (BWC) announced this week paid medical costs for workers’ compensation claims were 8.5 percent, or nearly $80 million lower, than expected medical costs for fiscal year 2004. The reduced costs are the result of …
August 10, 2004
The Professional Insurance Agents of New Jersey Inc. said a decision rendered last week by the Supreme Court of New Jersey in the case of President vs. Jenkins is a victory for all agents because it maintains the current standard …
August 10, 2004
Florida-based XN Financial Services announced that it will offer health insurance products and services to foreign nationals traveling in the U.S. through RCM&D, an Assurex Partner located in Baltimore, Maryland. The “Visitors From Abroad” program is “designed to benefit individuals …
August 10, 2004
Research amongst European and U.S. Risk Managers concludes that within the next five years over half will be using alternative risk financing as a key part of their risk programs, according to ACE European Group. “This apparent trend has emerged …
August 10, 2004
A.M. Best Co. announced that it has affirmed the financial strength rating of “A-” (Excellent) of Markel International Insurance Company Ltd. (MIICL) (United Kingdom) and reaffirmed a stable outlook. “The rating reflects MIICL’s strategic importance to its parent, increased pressure …