Monthly Archives: <span>March 2006</span>

Md. Commissioner Orr Defends GEICO Against Unfair Underwriting Charges

In a letter to the Consumer Federation of America (CFA) and to the New Jersey Citizens United Reciprocal Exchange (CURE), Maryland Insurance Commissioner R. Steven Orr dismissed allegations by those organizations that GEICO Insurance has engaged in unfair rating practices. …

N.H. Employers Receive Refunds on Workers Comp Policies

Insurance companies in New Hampshire have refunded $666,086 on 13,424 workers’ compensation policyholders for policies written in 2003, 2004 and 2005. Insurance Commissioner Roger Sevigny last July ordered insurers to correct for mistakes in employer class codes that were used …

N.J. Gov. Corzine Swears In Goldman as Insurance Commissioner

New Jersey Governor Jon S. Corzine administered the oath of office on March 24 to the new Commissioner of the Department of Banking and Insurance Steven M. Goldman. Corzine named Goldman to the cabinet post on January 31. Earlier this …

Disaster Kleenup Founder York Dies

Disaster Kleenup International Inc., a North American network of independent property damage restoration contractors, announced that its founder, Edgar Perry “Ed” York, died on March 13, 2006, after a long illness near his home in Vancouver, Wash. York launched DKI …

Crawford & Co. Adds Three Reps to its Integrated Services Sales Team

Atlanta, Ga.-based Crawford Integrated Services has added three new national account representatives to its sales team: Michael Behan, William Schmidt and Mark Young. Behan joined Crawford in 2003 as a workers’ compensation adjuster in Kenner, La. Prior to joining Crawford, …

Agents Call for Long-Term Terrorism Insurance Solution

The nation’s largest insurance association called today for the creation of an effective, long-term mechanism to manage the unique risk posed by terrorist attacks. Independent insurance agent Sharon Emek, Ph.D., CIC, a partner with New York-based CBS Coverage Group, Inc., …

Insurance Web Sites Benchmarked in New Study

The insurance industry lags behind in Web site performance and has underperformed the overall industry benchmark in six of the past nine years, according to the Internet Standards Assessment Report (ISAR) released by the Web Marketing Association. The underperformance also …

Washington Gains New Fraud Bureau

Washington State has approved the state’s first fraud bureau and added a fraud prosecutor. Gov. Christine Gregoire signed SB 6234 into law late Tuesday. The measure decisively passed the state House and Senate earlier this winter. Washington now joins the …

Astros’ Ins. Claim on Bagwell Denied

An insurance claim filed by the Houston Astros to recoup more than $15 million owed to injured first baseman Jeff Bagwell has been denied. The National League champions filed the claim in January to recoup about $15.6 million of the …

New Officers Elected for Texas Windstorm Association, FAIR Plan

The Texas Windstorm Insurance Association and Texas FAIR Plan Association have elected new officers for 2006. Elected were: chairman, James Elbert, owner of Elbert Insurance Agency in Lake Jackson, Texas; vice chairman, James Langford, vice president, Texas Farm Bureau Insurance …