January 26, 2004
The Texas Department of Insurance submitted its 128th Annual Report to the Texas Governor and Legislature in November 2003. The information provided in the tables below are taken from that report. The first shows premium paid to the Texas property …
January 26, 2004
The United States Census Bureau’s Census 2000 estimated the population of the State of Louisiana at 4,468,976. Approximately 75 percent of the adult residents had graduated from high school and about 19 percent had earned a bachelor’s degree or higher. …
January 26, 2004
The National Association of Mutual Insurance Companies (NAMIC) recently released a report detailing state legislative efforts to reform the U.S. civil justice system. According to NAMIC, “Tort Reform: An Overview of State Legislative Efforts to Improve the Legal System,” is …
January 26, 2004
A recent national survey by Mayfield Village, Ohio-based vehicle insurer Progressive, found that new car owners know much more about the features of their vehicle than they do about the insurance that protects it, themselves and others. The company found …
January 26, 2004
Powerful Friends, Enemy Insiders and Embezzlement Charges We are destroyed as of today,” Michael Segal, owner of Chicago-based Near North National Group, told me several weeks ago in his 20th-floor office in the John Hancock Tower. The group’s subsidiary, Near …
January 26, 2004
With the start of the New Year and the beginning of a new session of Congress only a few weeks away, the Independent Insurance Agents and Brokers of America (IIABA) is rolling out its legislative agenda for 2004. Top issues …
January 26, 2004
The Property and Casualty Division of the Arkansas Insurance Department recently issued a report reflecting rate modifications in personal lines filed with the department from Feb. 1, 2003 through Aug. 31, 2003. The following tables summarize the changes, percentage-wise, in …
January 26, 2004
According to a recently released report from Munich Re, fatalities caused by natural catastrophes were up 450 percent in 2003, while insured losses reached $15 billion. More ominous was the reinsurer’s conclusion that economic and insured losses would continue to …
January 26, 2004
If the Professional Insurance Agents of Louisiana, the Independent Insurance Agents and Brokers of Louisiana (IIABL) and Louisiana’s insurance commissioner have their way, the state will soon be flooded with insurers eager to sell policies there. With that goal in …
January 26, 2004
Nuts & Bolts: Midlands Management Corporation is offering a workers’ compensation market. Dollars: Policy limits up to $1 million employer’s liability. Minimum premium is $3,500. Carrier: Rated “A” by A.M. Best, admitted. States Available: Kansas, Mississippi and Oklahoma. Contact: Mike …