September 23, 2005
Hurricane Rita made impact on the Texas-Louisiana coast Friday night into Saturday, with flooding for coastal towns, major wind damage, and several fires. Houston, however, seemed to be spared the worst of it as the storm barely stayed at hurricane …
September 23, 2005
The Texas Department of Insurance Division of Workers’ Compensation announced it has determined that a 7.36 percent interest and discount rate will apply for the fourth quarter 2005. This rate is computed by using the treasury constant maturity rate for …
September 23, 2005
IIAT is ready to assist its members following the damage caused by Hurricane Rita. The association announced it is taking the following steps as part of its assistance plan: 1. Beginning Monday, Sept. 26, IIAT will have a team on …
September 23, 2005
Terry Tew and John Daniel Clapper, both of Clinton, N.C. have been apprehended by the Sampson County, N.C. Sheriff’s Office for taking out fraudulent insurance policies on water craft and several pieces of heavy equipment. The two men were already …
September 23, 2005
Insurance adjusters working to settle claims in Mississippi sometimes fear for their lives when working with irate property owners, according to Mississippi Insurance Commissioner George Dale. Dale told the Jackson Clarion-Ledger that at least one agent along Mississippi’s Gulf Coast …
September 23, 2005
According to the NAIC’s “State Average Expenditures & Premiums for Personal Auto Insurance in 2003,” North Dakota drivers enjoy the lowest average auto insurance premiums in the nation. North Dakota’s average annual auto insurance expenditure of $536.30 is 35 percent …
September 23, 2005
Hawaii’s insurance commissioner has approved another insurer to come into the Hawaii market offering flood insurance. The new insurer, internet-based Insurecat, will provide “coverage for something as obscure as lava flow, so if there were another eruption, this type of …
September 23, 2005
An insurance industry-backed group that calls itself Fairness for Good Drivers is going on television to advance its program for changes in the auto insurance system in Massachustetts. The group has bought advertising time on local TV and radio stations. …
September 23, 2005
Acting New Jersey Governor Richard Codey today officially launched the New Jersey celebration of Mothers Against Drunk Driving’s 25th Anniversary. A $10,000 anniversary gift to MADD was presented by N.J.-based Proformance Insurance, and a new partnership between MADD and New …
September 23, 2005
Professional Insurance Agents in Texas who are fleeing Hurricane Rita are getting a helping hand from their fellow PIA agents. Agents located inland from the projected landfall of Rita have offered temporary office space to agents evacuating in advance of …