Monthly Archives: <span>June 2000</span>

HURRICANE FORECAST REVISED

Colorado State University’s hurricane forecast team led by William Gray has revised its April forecast, now predicting 12 named storms, eight hurricanes and four major hurricanes for the 2000 season, which began June 1. Gray, professor of atmospheric science, and …

FOOTBALL PLAYERS AREN’T EMPLOYEES

A Texas state appeals court has said Kent Waldrep Jr., a TCU football player paralyzed in a 1974 game against Alabama, was not a school employee at the time of his accident and should not collect disability payments that come …

ALLSTATE’S CATASTROPHE LOSSES HIGH

There were no April Showers or May Flowers for Allstate Corp. this year. Rather the two spring months produced $340 million in catastrophe losses for the direct writer, whose announcement June 15 triggered a 7 percent reduction in the company’s …

Editor’s Note

In prehistoric times—more specifically the time of the dinosaur—the Texas Coast was somewhere near Glen Rose. At least that’s one of the nuggets of information I’ve hung on to since a trip to Dinosaur Valley State Park last year. It …

School Rules For the New Millennium

Today, there are roughly 51.5 million public and private school students and 3 million teachers in the United States, according to the NationalSchool Boards Association. And although these schools are scattered across the country, they are all faced with similar …

Agents in the Claims Process

In any service industry, speed in responding to customer requests, customer satisfaction with performance (both in the short run and in the long), and accuracy in statements made are all terribly important. The three are not, however, always in harmony. …

Putting Life Back in Your Agency

Traditional P&C Agencies Should Consider a Life Department for Increasing Profits, Retention Insured households carry more coverage than ever before, but at the same time the insurance industry is reaching fewer U.S. households. On average, households own twice as much …

Liquor Stores: Selling Alcohol is a Liability

According to the Insurance Information Institute (I.I.I.), a number of factors have combined to create a more favorable market for establishments seeking liquor liability insurance, including the responsibility assumed by owners and operators of eating and drinking establishments and stricter …

Liquor Liability

“It’s nice work if you can get it,” goes the familiar saying. And nowhere does it apply better hant the liquor liability maket, where premiums are good and paid losses are about as low as they can get. The challenge …

Wokers Comp Claim Costs Higher in Texas

Workers’ compensation payments for medical care and indemnity (wage-replacement) benefits in Texas are higher than most states analyzed in a new study by the Workers’ Compensation Research Institute. The study of eight states, representing 40 percent of the nation’s workers’ …