Have we finally arrived at the point where the economy is a critical factor in personal automobile insurance? Not quite, but it is my opinion that we are closing in. Although insurance company annual statements do not discern between the …
In these days of sky high premium rates a sales person needs an edge when trying to close a sale. Many firms are adding extra services to woo new clients and retain the existing ones as well. These ideas are …
TDI is searching for 33,000 Texans, each of whom has a $209.50 check coming as his or her piece of a small insurance company that failed in 1992. According to TDI about $7 million will be returned to policyholders. People …
LaVera Aiken and Lanny Aiken Insurance Agency Inc. in Granbury, Texas, were completely exonerated of all allegations related to property insurance coverage for Hood County and all reference to proceedings against the Aikens have been expunged from court records. According …
The Louisiana Surplus Line Association (LSLA) will hold its 2003 Annual Convention April 2-4, 2003 at the Beau Rivage Resort & Casino in Biloxi, Miss. Convention participants will have the opportunity to explore “PROBLEM ISSUES IN THE MARKET.” One of …
TDI announced the state has entered into an agreement with the Midwest Zone States regarding continuing education (CE) reciprocity. With some exceptions, a course approved by a participating state will be accepted by other participating states merely by filing a …
Lieutenant Governor David Dewhurst is working with the members of the Texas Senate to reach a consensus on driving homeowners insurance rates down by 12 to 15 percent, according to a Senate announcement. The chair of the Business and Commerce …
In a highly anticipated preliminary report to the Texas Legislature, Insurance Commissioner Jose Montemayor told lawmakers that some of the state’s 12 largest homeowners insurance companies are charging rates that are too high by as much as 25 percent in …
The lower a named insured’s credit score, the higher the probability that the insured will incur losses on an automobile insurance policy, and the higher the expected loss on the policy.” That’s the bottom line, both literally and figuratively, of …
According to Jim Donelon, Chief Deputy Commissioner of the Louisiana Department of Insurance (LDI), the answer to the homeowners’ insurance crisis in Louisiana is to move to a file and use rating system, and to change the nature of the …
