Monthly Archives: <span>July 2005</span>

Miss. Insurance Department Upgrades Online Services

Increased online services to insurance carriers, agencies and producers that do business with the Mississippi Insurance Department have been announced by Insurance Commissioner George Dale. The improvement in services is due to the department’s conversion to the completely Web-based Sircon …

HCC Ins. Holdings Acquires UK-Based DeMontfort Group of Companies

Houston-based international insurance holding company and specialty insurer, HCC Insurance Holdings Inc., announced it has completed its acquisition of the UK-based DeMontfort Group of companies. DeMontfort is an insurance company located near Leicester, England, that provides surety and credit insurance …

Wash. Commissioner Backs Sale of KPS

Washington Insurance Commissioner Mike Kreidler has asked for court permission to sell KPS Health Plans of Bremerton, a move that would allow the non-profit insurer to emerge from receivership after six years of operation under the protection of his office. …

Research and Markets Reports UK Market to Grow Between 3.3% – 3.7% Through 2009

Research and Markets (http://www.researchandmarkets.com/reports/c21046) has announced the addition of Insurance Industry Market Review 2005 to their offering. This market review examines the UK insurance market and the industry that provides it with insurance products. The industry is experiencing a challenging …

Ohio AG Says Customers Need More Time, Info to Evaluate Marsh Settlement

Ohio Attorney General Jim Petro has told New York-based insurance broker Marsh & McLennan Companies Inc. that policyholders in Ohio harmed by the company’s alleged anticompetitive activities deserve more time – until the end of the year – to consider …

Those Damaged by Ivan, Dennis Must Complete Separate Registration Forms

Alabama residents who suffered damage from Hurricane Ivan in 2004 and were again damaged by Hurricane Dennis in 2005 must complete the registration process for the damages in Hurricane Dennis, according to Department of Homeland Security’s Federal Emergency Management Agency …

RLI Sets Q2 Record

Illinois-based RLI Corp. second quarter net earnings of $34.4 million ($1.31 per diluted share) were 87% higher than the $18.4 million ($0.71 per diluted share) the company reported in the same quarter last year. Through June 30, net earnings grew …

Brothers Indicted, Plead ‘Not-Guilty’ in $13 M Viatical Brokering Scheme

Two Orlando-area brothers, Clarence Keith LaMonda and Jess Lamonda, have been indicted on charges they allegedly conspired to commit mail and wire fraud and tax-related crimes in which they took more than $13 million from investors and insurance companies while …

N.C. Gov. Reminds Small Business Owners Impacted by Storms of Loan Deadline

North Carolina Gov. Mike Easley is urging small business owners who were impacted by the 2004 hurricanes to apply for assistance through the Business Recovery Assistance Program by the July 30 deadline. “With several named storms already taking their toll …

Hurricane Dennis Disaster Assistance Programs Open

Federal and state agencies are working in partnership to help Alabama residents recover following the damage caused by Hurricane Dennis. Most federal disaster assistance programs are designed to meet emergency needs in the form of disaster grants for immediate housing …