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| Our
Very Own Councilman from PA
 |
John Ameno
(with wife) |
John
Ameno, from the Johnstown, PA office is more
than just American Mining's Loss Control Inspector.
He's also a city councilman for his hometown
of Apollo, PA. Here are some questions we asked
him about his time as a councilman, along with
his answers.
How
large is Apollo? 1,675 people. It
once was around 5,000,
but
the economics
through
the
years
have changed. Just for reference, Apollo
is about 50 miles from Johnstown. Since I'm
out
of the office all but one day a week, that's
not a bad commute. In fact, I just got back
from New Mexico just after midnight last
night.
How
long have you been a councilman? 3
years at the end of this year. It's been rewarding
and
I plan to run again at the end of my term.
We've created a new redevelopment plan for
the town, including revitalizing the downtown
area. We've helped bring a new Victorian-style
gazebo to the town park. Several couples have
even gotten married in it since we installed
it this past September.
more>>>
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November
Birthdays |
| Corey
Chambliss |
4
|
Robin King |
4 |
| Jason
Helms |
6 |
| Kim
Edsall |
17
|
| Greg
Pierre |
22
|
| Donna
Shenesky |
27
|
| |
December Birthdays |
| Charlene
Betz |
11 |
| Stacy Sanders |
13 |
| Rhonda Melvin |
18 |
| Carl
Legate |
30 |
| Elaine
Senner |
31 |
|
|
| Top
10 Coal Producing States (Thousand
Short Tons ) |
| Week
Ending 9/11/2004 |
| |
YTD
04
|
YTD
03
|
%Change
|
| Wyoming |
272,767 |
258,653 |
5.5 |
| West
Virgina |
102,940 |
98,501 |
4.5 |
| Kentucky |
79,073 |
79,985 |
-1.1 |
| Pennsylvania |
46,243 |
45,274 |
2.1 |
| Texas |
30,133 |
32,580 |
7.5 |
| Colorado |
28,113 |
24,412 |
15.2 |
| Montana |
26,224 |
24,412 |
6 |
| Indiana |
24,817 |
24,384 |
1.8 |
| Illinois |
23,493 |
22,542 |
4.2 |
| Virginia |
23,047 |
21,956 |
5 |
| U.S.
Total |
769,756 |
745,128 |
3.3 |
|
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Spitzer
Complaint and Investigation
 |
NY
Attorney General
Eliot Spitzer
|
Dominates Industry
News
A complaint filed
against Marsh & McLennan
(Marsh) and naming AIG, ACE, Hartford and other
insurance brokers and companies by New York
Attorney General, Eliot Spitzer, continues
to dominate media headlines tarnishing the
image of the entire industry. The complaint
alleges that Marsh and several other insurers
and brokers rigged bids for insurance contracts
so those brokers could receive additional incentive
contingent commission compensation.
Spitzer contends, in part,
that insurers paid Marsh based on how much
business was placed
with the insurer, the successful renewal of
business, and the profitability of business.
These compensation agreements were allegedly
not disclosed to Marsh’s clients and – because
Marsh is a broker whose responsibility is to
represent the best interest of its clients – resulted
in Marsh violating its fiduciary duty to clients
by channeling business to favored insurers.
more>>>
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Fall Colors in
PA
The colors have never been more vibrant than
this year near our office in Johnstown, PA. Click
on the photo to see several larger fall color photos. |
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Insurance Department
Begins Exam of AMIC
The
Alabama Insurance Department arrived on October
21st at the Home
Office to begin an examination of AMIC. All
insurance companies are required to undergo
an examination
by their home state every 3 to 5 years. AMIC’s
last exam was completed as of 12/31/1999. The
exam verifies the financial statements issued
by the
Company for compliance with state laws and
statutory accounting principles. A market conduct
exam
will also be performed. Examiners from the
Department are expected to be on site for approximately
3
months. |
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November
Anniversaries |
| Kaye
Phillips |
5
years |
| |
December
Anniversaries |
| Carl Legate |
2 years |
Halloween
Contest Winner
 |
Tina
Pierce, Cereal Killer
|
This
year's Halloween costume party
had some of the most clever costumes we've
seen in the years since we started. From
this year's contest winner Tina Pierce, who
came as a Cereal Killer (complete with cereal
boxes) to Black-eyed
Pea, Charelene Betz, we had some great Halloween
creativity.
see
all the home office halloween photos in our
photo album.
By the Numbers
AMIC Written Premiums
October 2004
AMIC Loss Ratios
as of 10/31/04
click
here for larger graphs
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