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

DRUNK DRIVING LEGISLATION

Legislation that would require repeat drunken drivers to have alcohol detection devices installed in their vehicles before they could regain their driver’s licenses cleared the Oklahoma House and awaits action in the Senate. HB1304, by Rep. John Trebilcock, R-Tulsa, would …

HOUSE GIVES PLICO TWO MORE YEARS

The Oklahoma House passed a measure giving the state’s major medical malpractice insurer two more years to build up its reserves before state regulators intervene. HB 1566, by State Rep. Dan Sullivan, would exempt the Physicians Liability Insurance Company from …

ONE LAWSUIT REFORM BILL DOWN, TWO TO GO

Gov. Brad Henry’s tort reform bill, Senate Bill 914, died in the Oklahoma State Senate, with the Senate refusing to hear the bill on the last day that body could consider its own bills. Senate Democrats reportedly blamed their Republican …

LA. MAN ADMITS ARSON CONSPIRACY

A Gretna, La., man has admitted plotting to have his hunting camp in Mississippi burned for insurance money, and agreed to testify against two men accused of torching the Plaquemines Parish Courthouse to destroy evidence, according to the Associated Press. …

La. Governor Appoints Inspector General

Louisiana Governor Kathleen Babineaux Blanco appointed Sharon Buchanan Robinson as the new State Inspector General to lead the state’s efforts to prevent waste, mismanagement, abuse, fraud and corruption in the executive branch of state government. The Office of Inspector General …

Texas Independent Agents Seek Fairness in Consumer Protection Statutes

Agents are treated unfairly by Texas statutes and the result is sky-rocketing errors and omissions insurance premiums, according to the Indepen-dent Insurance Agents of Texas. When rates in the E&O insurance program underwritten by Westport are compared across state lines, …

TDI February Enforcement Actions = $1.3 M in Fines and Restitution

The Texas Department of Insurance recently announced enforcement actions taken by Commissioner José Montemayor that became final during February. The actions include four license revocations, one license denial, and fines and restitution totaling $1,330,673. Only final orders are listed; commissioner’s …

Lojack for Motorcycles Addresses Growing Risk

With spring right around the bend, motorcycle enthusiasts across the nation are gearing up to hit the road. In recent years, the popularity of motorcycle riding has risen to a zenith rivaling that of the “Easy Rider” days of the …

South Central Homeowners Market Update

Judging from the homeowners insurance rate changes reported by the Arkansas Insurance Department for 2004, the highest increases were effective before August. The largest hike, 28.3 percent, was filed by Federal Insurance Company; the effective date was July 7, 2004. …

Turning Blue into Green for Favored Companies

A San Francisco-based nonprofit group that wants more consumers to support businesses that back liberal and “blue” state politics has added Progressive Insurance Co. to its preferred providers list. The group, www.BuyBlue.org, is selling the notion that citizens who favor …