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

North Dakota’s SB 2186 Should Be a Template for NAIC Model

Thanks to the leadership of Commissioner Jim Poolman, North Dakota insurance consumers now have common sense protections against unfair underwriting and rating actions by insurers because of information in loss history databases, such as CLUE and A-Plus. While the consumer …

Think Moderation on Loss History Reports Regulation

Homeownership is considered the centerpiece of the American dream. Homeowners insurance enables individuals and families to protect what is likely to be their single largest asset. Before finalizing their purchase, most buyers hire a home inspector to thoroughly check the …

California Legislative Round Up

The following is an update on some of the key property/casualty insurance-related bills pending in the California Assembly and Senate. Measures that garner approval will be considered next in the second house. Measures that were not approved by the deadline …

By Stephanie K. Jones

Trials and Tribulations in Neverland (Oklahoma) Almost everyone did something wrong in Neverland-Neverland, Oklahoma, that is. This story begins and ends in the District Court of Neverland-where a mock trial put on by the Independent Insurance Agents of Oklahoma proved …

Okla. Workers’ Comp Reform Passes in Special Session

Oklahoma lawmakers passed workers’ compensation reform legislation, Senate Bill 1X, in a special legislative session that began May 31, the end date for the regular session. The bill was sent to Gov. Brad Henry who promptly signed it. Insurer groups, …

Nationwide’s Allied Insurance Looking for Agents in East and South

The independent agency arm of giant Nationwide Insurance is expanding its reach and looking for agents in the East and South. Allied Insurance, which currently has more than 4,500 independent agency locations in the West and Midwest, began writing personal …

Texas Homeowners 2005 Rate Filings

2004 Cumulative May 2005 2004 Direct Market Changes filed Filed Rate Company Name Written Premium Share after SB 14 Change State Farm Lloyds 1,328,670,202 30.1% 0.0% Note (1) Allstate Texas Lloyds 704,620,431 16.0% -1.3% Note (1) Farmers Insurance Exchange 294,799,406 …

A New Day: Texas Asbestos Reform

The newspapers say that a new era in Texas asbestos and silica litigation began on May 19, 2005, when Gov. Rick Perry signed the comprehensive reform legislation, referred to as Senate Bill 15, already approved by the Texas House and …

Editor’s Note: A New Hurricane Season Begins

Tropical Storm Arlene sailed through the Gulf of Mexico, missing Texas and Louisiana, and causing minimal damage when it came ashore on June 12 in Gulf Shores, Ala. It dropped more than 5 inches of rain and had weakened to …

Tips on Maintaining a Good Credit Score

The better your credit score, the better your chances are of getting a loan, being issued a credit card, renting a house, getting a job or receiving good auto and homeowner insurance rates. It all starts with building a track …