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

News Briefs

Arkansas Crash Records Available Online The Arkansas State Police reported that Arkansas Uni-form Highway Crash Records are now available online through the Arkansas State Police Web site, www.asp.arkansas.gov, and the Arkansas state Web portal, www.arkansas.gov. The Arkansas State Police is …

Geeslin Appointed as Texas Commissioner

Texas Gov. Rick Perry named Mike Geeslin as the state’s new insurance commissioner. While the appointment is subject to Senate confirmation, Geeslin’s term would expire Feb. 1, 2007, if approved by the Senate. “Mike Geeslin will be a strong and …

Texas Homeowners May See Slightly Lower Rates

Some Texas homeowners could see lower insurance rates this year, the Associated Press and Houston Chronicle reported. Record low loss ratios reported by Texas homeowners insurers in 2004 prompted the Texas Department of Insurance in March 2005 to order some …

People

Pan-American Life Insurance Company, headquartered in New Orleans, announced the selection of Carlos F. Mickan as executive vice president and chief financial officer. Mickan’s appointment is effective June 20. Previously, Mickan served as senior vice president and CFO of Principal …

By Wes Bailey

Nobody Ever Said That Life or the CGL Policy Was Fair! I was recently teaching a seminar dealing with the details of the Commercial General Liability Policy, and a participant attending the seminar made a very interesting observation. We had …

FAIA Celebrates Its 101st Anniversary: General Session Features Four Experts

The Florida Association of Insurance Agents will celebrate its 101st anniversary during its June 23 to 25 Convention and Educational Symposium at the Gaylord Palms Resort and Convention Center in Orlando, Fla. “I continue to be amazed at the momentum …

PIA of Fla. Broadcasts Web-based Hurricane Panel Discussion

Florida’s insurance industry survived last year’s record-breaking hurricane season and is prepared to help homeowners weather what may come this year. That was the message during a recent Web broadcast carried live throughout Florida, produced by the Professional Insurance Agents …

AIA Critical of Florida Circuit Court’s Ruling

The American Insurance Association strongly disagrees with the Florida Circuit Court ruling confirming the Fourth Circuit Court of Appeals’ 2004 decision in Mierzwa v. Florida Windstorm Underwriting Association, which misinterpreted the valued policy law. In a ruling from the bench, …

Court Ruling: Citizens Wind Policies to Pay for Flooding

Circuit Court Judge Kevin Davey ruled in a class-action lawsuit in Tallahassee, Fla., that Citizens Property Insurance Corp., Florida’s insurer of last resort, must pay the full amount of damage homes were insured for, even if they were primarily damaged …

FAIA President Says: In Our Future Some Things Will Never Change

Created more than a century ago in 1904 as the Florida Local Underwriters Association, the Florida Association of Insurance Agents adopted its present name in 1941. FAIA is dedicated to enhancing the independent agency system through education, legislation, communication and …