January 21, 2005
Justice David Puryear with the 3rd District Court of Appeals in Austin, Texas, on Jan. 21 struck down a $117.5 million settlement Farmers Insurance Group reached with the state in 2002 over homeowners rates. Texas Attorney General filed suit against …
January 21, 2005
Arizona’s Pima County supervisors approved the construction of five detention basins to control flooding in downtown and central Tucson. Construction bids for the $17.5 million project will go out in late spring, said Suzanne Shields, director of the county’s flood …
January 21, 2005
The crash of a corporate jet that killed the son of NBC Sports Chairman Dick Ebersol and two other people has contributed to a 48 percent increase in Colorado-based Montrose Regional Airport’s liability insurance premium. Airport Manager Scot Brownlee said …
January 21, 2005
One of the proposals to help control medical malpractice insurance costs in Wyoming failed to garner enough votes to get to the state House floor. The House Labor, Social Services and Health Committee split 4-4 on the bill Wednesday. Under …
January 21, 2005
More than half of American workers question the basic morality of their organizations’ top leaders and say that their managers do not treat them fairly, according to results of a just-released, representative, nationwide survey of 7,718 American workers aged 18 …
January 21, 2005
As the Maine Legislature opens its 2005 session, lawmakers are reportedly primarily concerned with tax issues, including a proposal that would tax insurance premiums to fund retirement health insurance for police and firefighters. “With the state facing a budget shortfall …
January 21, 2005
A bidding tool for salvage buyers BidCentral™ has been released by Vemark, a Boca Raton, Fla. firm specializing in end-to-end vehicle total economic loss recovery management solutions. BidCentral™ integrates with Vemark’s SNaps® Auction Management solution for bid processing at physically …
January 21, 2005
State insurance officials in West Virginia and Kentucky kicked off “Get Smart About Insurance Week” today through Jan. 28. West Virginia Insurance Commissioner Jane L. Cline and Kentucky Insurance Executive Director Martin Koetters inaugurated the week with ceremonies in their …
January 21, 2005
San Diego, Calif.-based Arrowhead General Insurance Agency Inc. announced the availability of a new homeowners product for Texas. The coverage is written by Balboa Lloyds Insurance Company, an admitted market rated “A.” It offers limits up $750,000. Minimum premium is …
January 21, 2005
Illinois-based Arthur J. Gallagher & Co. announced it has acquired Horton Insurance Agency Inc. of Oklahoma City, Okla. Terms of the transaction were not disclosed. Formed in 1983, Horton Insurance Agency Inc. is a retail insurance broker offering risk management, …