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

Mass. Agents Seek Auto Commission Boost

The Massachusetts Association of Insurance Agents (MAIA) has filed for an average agency commission on private passenger auto insurance of $150.84 per vehicle, a 32 percent increase from the current $114 average. MAIA filed its recommendation with the Division of …

Hearings on Motor Carrier Safety Scheduled

The U.S. Department of Transportation’s Federal Motor Carrier Safety Administration (FMCSA) has announced plans to conduct a review of how the agency can best monitor and assess the safety of the nation’s motor carriers and ensure their compliance with federal …

Vermont Counts the Ways It Loves Captive Insurers

Vermonters from the governor on down are not shy about expressing their affection for the state’s captive insurance industry. At the recent 19th annual conference of the Vermont Captive Insurance Association (VCIA) in Burlington, state officials told the audience of …

CCC Settles Insurance Coverage Dispute

Chicago-based claims software provider CCC Information Services Group Inc. announced the settlement of a dispute that had been pending between the company and certain of its insurers that had issued insurance policies to the company over the past several years. …

Medical Privacy Law Does Not Apply to Police Reports, Ky. Attorney General Says

The federal medical privacy law that went into effect last year does not apply to names of injured people mentioned in police reports, the Kentucky attorney general’s office has ruled. The ruling addresses the Federal Health Insurance Portability and Accountability …

First Acceptance Adds Three New Board Members

First Acceptance Corporation, Nashville-based retailer, service provider and underwriter of non-standard personal automobile insurance, has announced the election of three new members to the company’s board of directors. Named as new board members were Rhodes R. Bobbitt, 59, of Dallas, …

Zenith Reports Charley Losses at $3.1 Million

California-based Zenith National Insurance Corp. has reported its initial estimate of losses in its assumed reinsurance business attributable to Hurricane Charley. Zenith currently expects that its net after tax loss from Hurricane Charley will be approximately $3.1 million or $0.13 …

Two Monterey County Men Arrested in Alleged Auto Insurance Scam

Authorities have arrested two men in connection with allegations of auto insurance scams at eight Monterey County stereo and tire/wheel shops. John Edward Close, of Gonzales, Calif., and Antonio Jaramillo Fonseca, of Greenfield, Calif., were arrested August 18 and booked …

Grants Go Out to Fire Departments to Protect Communities Nationwide

Secretary Tom Ridge has announced 271 grants to fire departments throughout the United States in the 12th round of the Fiscal Year 2004 Assistance to Firefighters Grant Program. Over the next several months, approximately 8,000 awards worth nearly $750 million …

Oregon’s SAIF Corp. Forms Review Team to Assist in Full Look at Workers’ Comp

Oregon-based SAIF Corp. interim president and CEO Brenda Rocklin has appointed two experienced public agency executives to assist in a “top-to-bottom review” of the state’s not-for-profit workers’ compensation insurance company. Rocklin said that Colleen Sealock, assistant director for support service …