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

Wyo. Tort Reform Constitutional Amendment Fails

A proposed state constitutional amendment to limit damage awards for medical malpractice is dead. A Senate tort-reform amendment needed a two-thirds Wednesday but fell two votes short, 18 to 12. A similar amendment in the House came up five votes …

N.Y. Gov. Pataki Announces $4.3 Million in Grants to Combat Auto Theft and Fraud

Governor George E. Pataki has announced $4.3 million in grants to 27 programs to reduce motor vehicle theft and insurance fraud across New York State. The funding will be distributed to programs that provide law enforcement agencies with specialized training, …

Vermont House Advances Workers’ Comp Reforms

The Vermont House this week gave preliminary approval to a series of measures designed to lower workers’ compensation insurance premiums. The 101-39 vote came after critics of the bill complained that it would hurt some workers more than it would …

Insurance Auto Auctions Unveils Q4 Results

Insurance Auto Auctions, Inc. (Nasdaq: IAAI – News), a leading provider of automotive salvage and claims processing services in the United States, will hold a conference call with institutional investors, security analysts and other interested parties at 11:00 AM Eastern …

Castle Data Services Provides Allied Insurance Co. with Online Residential Replacement Cost Estimator

Castle Data Services Provides Allied Insurance Co. with Online Residential Replacement Cost Estimator

Calif. Commissioner Applauds Vargas’ Workers’ Comp Reform Bill

Calling it California’s best hope for a comprehensive solution to the workers’ compensation crisis, Assemblyman Juan Vargas (D-San Diego), and California Insurance Commissioner John Garamendi announced the introduction of ABX4 15, aimed at reforming the broken workers’ compensation system. Garamendi …

Arbitration Award Against AIG Subsidiary Affirmed

The law firm of Kasowitz, Benson, Torres & Friedman LLP announced that the US District Court for the District of Delaware has upheld a $4 million international arbitration award against American Life Insurance Company (ALICO), American International Group’s foreign life …

ISO A-PLUS Delivers Vehicle-Registration Reports to Auto Insurers

Auto insurers are now able to receive accurate, comprehensive Vehicle-Registration Reports on their policyholders from Insurance Services Office, Inc.’s (ISO) A-PLUS – unit, making it easy to assess auto risks before underwriting them. The user-friendly A-PLUS system instantaneously retrieves reports …

Ohio Department Hosts 2004 Fraud Seminar on March 3

The Ohio Department of Insurance will host the 2004 Insurance Fraud Seminar on Wednesday, March 3, that will focus on the rapid growth of increasingly sophisticated insurance schemes in Ohio. The seminar will begin at 8:30 a.m. at the Villa …

AIC Designation Holders to Be Honored at Recognition Breakfast at PLRB/LIRB Conference in Chicago

AIC Designation Holders to Be Honored at Recognition Breakfast at PLRB/LIRB Conference in Chicago