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

Florida Considering Commercial Joint Underwriting Association

The Florida Office of Insurance Regulation is discussing with the Financial Services Commission (Cabinet) the possibility of activating the Standby Commercial Joint Underwriting Association. According to the Florida Surplus Lines Association, regulators are responding to increasing complaints from business owners …

Hall Promoted to CEO at RG America

RG America Inc., a Dallas-based insurance restoration company specializing in recovery, remediation, roofing and re-construction of insurance losses, announced that Bruce A. Hall, who has been serving as chief financial officer for RG America, is being promoted to the position …

Ark. Emergency Management Director Cites no Confidence, Quits

The director of the Arkansas Department of Emergency management has resigned, leaving his post less than a week after a newspaper reported that the agency gave itself failing grades for its preparedness for a large-scale disaster. Gov. Mike Huckabee named …

Texas Enforcement Actions in May Result in More than $224K in Fines

The Texas Department of Insurance announced enforcement actions taken by Commissioner Mike Geeslin that became final during May. The actions include eight license revocations and fines and restitution totaling $224,967. Copies of Geeslin’s orders may be obtained by contacting TDI’s …

Texas Windstorm Building Code Advisory Committee Meets July 12

The Texas Department of Insurance announced that the Windstorm Building Code Advisory Committee on Specifications and Maintenance will hold a meeting of the advisory committee on July 12, 2006, at 1:00 p.m. in Room 102 of the William P. Hobby …

California Commissioner Questions Homeowners’ Insurance Rates

California Insurance Commissioner John Garamendi has announced he will approve an 18 percent decrease in homeowner and renter premium rates by The Hartford Insurance Co. The Hartford’s filing for a decrease contrasts dramatically with four other major insurers who were …

Twenty-five Suspects Indicted on Fraud by California Department of Insurance

Twenty-five suspects in connection with a major insurance fraud investigation dubbed “Operation Cashout” have been indicted, according to the California Department of Insurance. Twenty suspects were arrested Thursday morning, and five suspects remain outstanding. The Urban Organized Auto Fraud Task …

Selective Insurance Group Announces Officer Appointments

Branchville, N.J.-based Selective Insurance Company of America, a subsidiary of Selective Insurance Group, Inc. announced the following officer appointments: Kathleen Imparato (Wantage, NJ), to assistant vice president of Selective’s Business Practices Group. Imparato joined Selective in 2002 as a government …

California State Fund Receives $64,000 in Restitution for Workers’ Comp Fraud

Caifornia’s State Compensation Insurance Fund recently received $64,000 in restitution from the owner of a San Luis Obispo county moving company. Mark John Frey, 38, of Oceano, Calif., pleaded no contest on May 15 to one count of workers’ compensation …

Aon Corp. to Sell Warranty Group

Aon Corporation announced it has reached a definitive agreement to sell Aon Warranty Group (AWG) and its worldwide operations to Onex Partners, an affiliate of Onex Corporation, a company headquartered in Toronto, Ontario. Among the AWG businesses to be sold …