March 12, 2001
Insurance Journal West Magazine
Insurance Journal West Magazine
Drama in Nonstandard Auto Arena
In this Issue
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FeaturesSeattle Earthquak Wracks Up Insured Losses
The most telling number about the earthquake that hit Western... -
FeaturesFresh Allegations Surround Quackenbush, Lloyd’s Payment
A new round of controversy over actions taken by former California... -
Cover StoryDRAMA in the Nonstandard Arena
The NONSTANDARD AUTO MARKET gets ready for action that will include... -
Tech TalkShopping for Insurance Can Be a ‘Progressive’ Experience
It's getting to be that time of year again. March Madness? Maybe. Tax... -
FeaturesWestern Motorcycle Market Cruises Along
In at least one way, there is a strong parallel between learning to... -
FeaturesCrusader, Wash. OIC Settle Policy Fee Dispute
Less than a week before they were scheduled to be in court for the... -
FeaturesAmerican Sterling Undergoes Restructuring, Suspends Producers
American Sterling Insurance Company terminated the president of its... -
Parting ShotsHanging On to Market Share (Sell ‘Em More Stuff)
As a distribution channel, independent agents are doing a fairly good... -
Editor's NoteSeismology & Synchronicity
It's started again. Yep, suddenly everyone wants earthquake... -
NewsbriefsPRC TO BUY INSURITY SOLUTIONS
PRC Corp., a subsidiary of ChoicePoint® , entered into an agreement... -
NewsbriefsDIGGING UP OFFSHORE FRAUD
The California Department of Insurance (CDI) Criminal Investiga-tions... -
FeaturesFiserv Acquires FSC
In keeping with its aggressive and acquisitive nature, Fiserv Inc.... -
NewsbriefsACCEPTANCE SELLS P/C TO HANNOVER
Acceptance Insurance Cos. Inc. of Omaha, continuing to exit its... -
NewsbriefsCUT IN FLOOD PROGRAM WEIGHED
While the merits of President George Bush's proposed budget are still... -
NewsbriefsSTATE FARM REPORTS DROP
State Farm Insurance Cos., the nation's largest personal lines... -
NewsbriefsVP’S LEAVE FRONTIER
Frontier Insurance Group Inc. announced on March 2 the resignations... -
NewsbriefsFRANKEL BACK ON HOME TURF
Martin Frankel, the rogue financier who led the world on a massive... -
NewsbriefsINSWEB, ALLSTATE TEAM UP
InsWeb and Allstate Insurance Co. have entered into a two-year... -
NewsbriefsVALUE OF THE AGENT ENFORCED
Results of an extensive countrywide survey by Progressive Insurance... -
NewsbriefsFAULTY COMP CALCULATIONS
Tacoma, Wash.-based Labor Ready owes the state close to $500,000... -
NewsbriefsPUSHING THE ‘FLEMING FIX’
The Oregon Senate Business, Labor and Economic Development Committee... -
NewsbriefsACCELERATION INTO LIQUIDATION
The Franklin County [Ohio] Court of Common Pleas granted an order on... -
NewsbriefsSPECIAL PRESENCE IN ARIZONA
Arizona has awarded State National Specialty Insurance Co. a... -
NewsbriefsNO LIMIT TO WRAPAROUNDS
SB 44, a bill that limits the use of consolidated insurance programs... -
RatingsFitch Affirms National Indemnity
The "AAA" insurer financial strength ratings (FSR) of the National... -
RatingsXL Affirmed
In separate rating actions, Standard & Poor's (S&P) recently affirmed... -
RatingsSt. Paul Fire & Marine Subs Get ‘AA’
"AA" counterparty credit ratings and FSRs were assigned to the... -
RatingsUNIC Affirmed
The "Api" FSR on United National Insurance Co. (UNIC) was confirmed... -
Fraud RoundupThree Amigos Face Fraud
Following a two-year investigation by the California Department of... -
Fraud RoundupGambled on His Future
John Blanton Breland of Lodi pled guilty to four felony counts last... -
Fraud RoundupStretching More than Muscles
Investigators with the CDI Investigations Branch have filed charges... -
Fraud RoundupFriends Until the End’
Following an investigation by the CDI Criminal Investigations Branch... -
Fraud RoundupPenalty Flag on the Field
The CDI is looking into allegations of premium theft, embezzlement...