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

The Facts About Credit Information and Insurance

The use of credit history, one of many underwriting tools, is not a new concept and one that has received strict scrutiny from insurance regulators and consumer advocates around the country. Some insurers have used individual credit histories in underwriting …

Texas Appeals Court Reverses Farmers Settlement

Justice David Puryear with the Third 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 insurance rates. Then-Texas Attorney Gen-eral John Cornyn …

Oklahoma Lawmakers Hope to Stem Workers’ Comp Crisis

Oklahoma lawmakers previously announced that workers’ compensation would figure prominently in this year’s legislative session. So far they are backing up their words with action, as a number of bills have recently been filed addressing the issue. State Rep. Ryan …

Kim Holland Named Oklahoma’s New Insurance Commissioner

Oklahoma Gov. Brad Henry selected a long-time Tulsa insurance executive and public servant to serve as Oklahoma’s state insurance commissioner. Kim Holland succeeds Carroll Fisher, who resigned under fire amid criminal charges and legislative impeachment proceedings. Gov. Henry announced Holland’s …

Barriers Remain for Commercial Traffic Between Mexico and the U.S.

The North American Free Trade Agreement, signed in 1992 by the United States, Canada and Mexico, was implemented in an effort to eliminate or reduce trade barriers between the three participating countries. In the area of commercial transportation, long-standing agreements …

Crossing the Border: Mexico Travel Offers Opportunities for Agents

Mexico is a country rich in cultural heritage and scenic landscapes. From colonial villages to majestic desert panoramas to pristine beaches, our bordering neighbor to the south offers something for everyone. Steeped in tradition, Mexico attracts millions of visitors from …

Insuring the Young and the Carless

VW Seeks a Sales Charge Out of No-Charge Insurance to Car Buyers Volkswagen of America, looking for ways to attract younger buyers, is going beyond sporty designs, cash rebates and zero percent financing incentives to offer car buyers, regardless of …

GL/Property – Restaurant and Hospitality

Nuts & Bolts: Wausau Insurance rolled out the latest in a series of Wausau Express package policies for property and general liability–with the newest versions designed for restaurant and hospitality businesses. The Wausau Express package policy combines many tailored coverages …

Vacant Dwelling Program

Nuts & Bolts: National Lloyds Insurance Co. has a new vacant dwelling program available for Texas: a three-month policy with one additional renewal. Dollars: The limit is $150,000 or less with a 1 percent deductible. Carrier: National Lloyds Ins. Co. …

Texas Homeowners

Nuts & Bolts: Arrowhead General Insurance Agency Inc. is offering a new homeowners product for Texas. Coverage details include: HO-A+ (with the HO-470T Extended Coverage); no photos or signatures required; loss free renewal credit up to 10 percent; direct bill; …