Monthly Archives: <span>February 2005</span>

Auto Coverage Verification Measure Advances in Okla.

House Bill 1351, by Oklahoma State Rep. John Wright, R-Broken Arrow, would amend the state’s insurance law to require insurance policies to include the vehicle identification number of the vehicle or vehicles covered by a policy. According to the House …

TWCC Approves Self-Insure Certificates of Authority for 18 Companies

The Texas Workers’ Compensation Commission reported it approved the initial application for a Certificate of Authority to Self-Insure for a one-year period by one private employer and the reapplications for Certificates of Authority to Self-Insure for a one-year period by …

Calif. DWC Updates Program for Injured Workers

The California Division of Workers’ Compensation (DWC) has reportedly reinvigorated a state program, which provides information and assistance to injured workers through monthly workshops at local DWC offices. “In the midst of this much-needed overhaul of the workers’ comp system, …

Best Affirms FSR for Unitrin’s P/C, Life Companies

A.M. Best Co. has affirmed the financial strength ratings of A (Excellent) of the Unitrin Property and Casualty Insurance Group (Unitrin) (Dallas). The rating outlook is negative. A.M. Best has also affirmed the financial strength ratings of A (Excellent) of …

Main Street America Group to Serve on Coalition Against Insurance Fraud Board

The Main Street America Group has been appointed to serve on the board of directors of the Coalition Against Insurance Fraud, a Washington, D.C.-based global alliance of insurers, consumer organizations and state agencies fighting insurance fraud. The Main Street America …

And the Oscar Goes to …. Fireman’s Fund

No matter which nominated movie wins the Academy Award Oscar for Best Film this month — whether it’s The Aviator, Finding Neverland, Million Dollar Baby, Ray or Sideways — the winning production will have been insured with Fireman’s Fund Insurance …

After House OK, President Bush Signs Class Action Reform into Law

Just one day after the U.S. House of Representatives passed the Class Action Fairness Act by a vote of 279-149, President Bush has signed the bill into law. The House vote followed last week’s passage by the Senate. “This bill …

PCI Urges Market-Oriented Solutions to Florida’s Hurricane Insurance Issues

The Florida Joint Select Committee on Hurricane Insurance, meeting in Tallahassee this week, approved a series of recommendations for the Legislature that broadly affect the state’s property insurance market and specifically addresses hurricane deductibles, the Florida Hurricane Catastrophe Fund and …

Mass. Insurer Coalition Plans Major Campaign to Bring More Competition to Auto System

A group of insurers in Massachusetts is planning a statewide public relations, lobbying and educational campaign to convince drivers, voters and lawmakers that more competition is needed in the state’s private passenger auto insurance market. The group is hoping to …

NAMIC Applauds Natural Disaster Legislation to Provide Affordable Insurance

A natural disaster bill introduced by a Florida congresswoman from a coastal district will ensure that debate on the problem of insurance availability in disaster-prone areas will continue, according to the National Association of Mutual Insurance Companies. The Homeowners’ Insurance …