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

NCCI Requests Work Comp Rate Hikes in Okla.

Worker’s compensation insurers operating in Oklahoma want a significant increase in the premiums they charge for coverage, the Associated Press and The Oklahoman reported. An industry group representing the companies plans to ask state regulators for an 11.5 percent increase …

Cunningham Lindsey U.S. Promotes Repinski

David Repinski was promoted to the positions of executive vice president and chief operating officer for Cunningham Lindsey U.S. Inc., the U.S. subsidiary of Toronto-based Lindsey Morden Group Inc. Repinski will continue to operate out of the Cunninham Lindsey U.S.’s …

Christiansen Appointed President, CEO of Lindsey Morden and Cunningham Lindsey U.S.

Toronto-based Lindsey Morden Group Inc. announced that its board of directors board named Jan Christiansen as the new president and chief executive officer of Lindsey Morden and Cunningham Lindsey U.S. Inc. The board also accepted the resignation of Karen Murphy …

Fla. CFO Warns Against Bogus Insurance Offers

At least 150 pregnant women were reportedly lured into buying bogus health insurance by a man not even licensed to sell insurance, prompting Florida’s Chief Financial Officer Tom Gallagher to issue a renewed warning to Floridians to be vigilant against …

Ind. Gov. Thanks Federal SBA for Disaster Loans

A Southern Indiana manufacturer whose facility was shut down as a result of floods and severe weather that hit the state in May is receiving $8.9 million in federal loans to help get its operation running again and put 250 …

Horace Mann Reports Q2 Numbers

Illinois-based Horace Mann Educators Corp. reported net income of $18.9 million (44 cents per share) and $40.6 million (95 cents per share), respectively, for the three and six months ended June 30, 2004, compared to net income of $2.1 million …

PXRE: Q2 Income Rises 51%

Bermuda-based PXRE Group Ltd. announced results for the second quarter ended June 30, 2004. Highlights for the quarter included: * Net income increased 51% to $32.3 million from $21.5 million * Net operating income per diluted common share was $1.21 …

Mass. Adopts Tough Fire Sprinkler Code for Bars

Gov. Mitt Romney is expected to sign a bill that will require bars and nightclubs in Massachusetts with a capacity of 100 or more people to install sprinkler systems. The measure grants tax breaks to business owners to help defray …

Manufacturers Assoc., Calif. State Fund Partner on Group Work Comp Savings

The California Manufacturers & Technology Association (CMTA) announced this week the formation of a partnership with the State Compensation Insurance Fund (SCIF), California’s largest work comp insurer, through which it will offer a group workers’ compensation insurance program for its …

Safeco Debuts National Boat Claims Center

With boating season in full swing, Seattle-based Safeco announced the launch of a new specialized claims unit dedicated to handling boaters’ insurance claims. The National Boat Unit, located in Spokane, Wash., is staffed by boating enthusiasts and marine experts who …