April 18, 2005
Independent Agents and Their Customers Have the Most to Lose As product manager for the state’s largest writer of auto insurance through independent agents, I want to take this opportunity to remind you that preserving our ability to use credit-based …
April 18, 2005
The Texas Workers’ Compen-sation Commission reported that following a lengthy investigation of its billing practices by the Travis County District Attorney’s office, a Houston company owned by a former orthopedic surgeon agreed to pay more than $25,000 in restitution and …
April 18, 2005
A report released by the Oklahoma Department of Labor showed a 20 percent reduction in 2003 in the number of workers requiring time off to recover from workplace injuries. The latest figure further supports the benefit of workplace safety programs, …
April 18, 2005
Louisiana Attorney General Charles C. Foti, Jr. announced that Leo Vincent Jacob of Covington, La., has pled guilty to six counts of filing false public records in a criminal scheme that involved hundreds of insurance agents across Louisiana. Over the …
April 18, 2005
A Lake Charles, La., insurance agent (producer) was arrested and issued a cease and desist order, along with a summary suspension of his license, on charges of submitting fraudulent damage repair claims and pocketing the payments, according to the Louisiana …
April 18, 2005
Arkansas Insur-ance Commissioner Julie Benafield Bow-man announced new workers’ compensation rates to take effect July 1, 2005. The new rates are slightly lower on average. “I am happy to see that overall rates in the workers’ compensation market continue to …
April 18, 2005
CHICAGO–Five words summed up the mood at this year’s Professional Liability Un-derwriting Society’s medical symposium: “The crisis aspect is over.” Thus spake Howard Friedman, chief financial officer at medical liability insurer Proassurance Corp., during one of several panel discussions at …
April 18, 2005
Dan Ramsey, executive director of the Independent Insurance Agents of Oklahoma (www.iiaok.com) sent a message to agents encouraging them to attend IIAO Day at the Capitol on April 27. Urging agents to become actively engaged in the legislative process, Ramsey …
April 18, 2005
As every employer knows, Texas’ workers’ compensation system is sick. In fact, some say it’s on life support. The remedies offered by the two bills currently before the legislature–House Bill 7 and Sentate Bill 5–promise to nurse it back to …
April 18, 2005
The issue of whether, and when, extrinsic evidence may be used to determine a duty to defend has never been clearly defined under Texas law. While a number of courts have recognized an exception, the exact parameters of the exception …