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

Ark. Department Attempting to Collect Claims from Ind. Company

Arkansas Insurance Commissioner Mike Pickens said this week the Insurance Department is still working to collect claims from the TRG Marketing LLC case, involving the Indianapolis, Indiana-based company which was ordered to cease operations in the State of Arkansas. In …

Calif. Employers Launch WCAN to Help Fix Workers’ Comp System

California employers – large and small, public and private – are joining together to form the Workers’ Compensation Action Network (WCAN), a grassroots effort to urge quick action by the California Legislature to overhaul the state’s costly and dysfunctional workers’ …

Ohio Tort Reforms, Protecting CLUE Top Midwest Agenda

As state legislatures kick into gear around the Midwest, securing favorable asbestos and tort reforms in Ohio, guarding Illinois’ healthy insurance climate and protecting the use of the Claim Loss Underwriting Exchange (CLUE) as a rating tool are the industry’s …

Pa. Woman Pleads Guilty to Insurance Fraud

New Jersey Attorney General Peter Harvey announced that a Pennsylvania woman has pleaded guilty to theft by deception for collecting disability insurance payments while employed at a Middlesex County doctor’s office. According to Vaughn McKoy, director, Division of Criminal Justice …

PIANY Summarizes 2004 Legislative Issues

The Professional Insurance Agents of New York, Inc. has released a statement summarizing the issues that face insurance producers and companies in the 2004 New York legislative session. The PIANY listed its legislative concerns, as well as its position and …

Best Upgrades DTRIC Rating to ‘A-‘

A.M. Best Co. announced that it has upgraded the financial strength rating to “A-” (Excellent) from “B+” (Very Good) of Honolulu-based DTRIC Insurance Company Limited with a stable outlook. “The company’s capital position is supported by its parent via an …

Best Affirms Max Re’s ‘A-‘ Ratings

A.M. Best Co. announced that it has affirmed the financial strength rating of “A-” (Excellent) of Bermuda-based Max Re Ltd., a wholly owned subsidiary of Max Re Capital Ltd., with a stable outlook. “The rating reflects Max Re’s secure risk-adjusted …

Miss. Notes Fire Protection District Upgrade

Insurance Commissioner George Dale announced that the Mississippi State Rating Bureau has upgraded the public fire protection facilities of the Tippah County Industrial Park Fire Protection District in Tippah County. “Upgraded fire classifications mean better quality fire protection in that …

Auto Insurance, Workers’ Comp Emerge Again as Top Leading Legal Issue Trends

Workers’ compensation and automobile insurance laws accounted for nearly 40 percent of the new property/casualty-related statutes enacted by state legislatures last year, according to the fifth annual analysis of trends in new state insurance legislation published by the National Association …

Asleep at the Wheel’

According to a Farmers Insurance survey, more than 10 percent of drivers admit to having fallen asleep at the wheel, while more than 20 percent say they have momentarily dozed while driving. The U.S. National Highway Traffic Safety Administration (NHTSA) …