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

Hurricane-Impacted Floridians Eligible for Income Tax Relief

Tax and time relief measures are available to Floridians impacted by this year’s hurricanes according to Tom Gallagher, Florida CFO. “Many hurricane victims are still struggling to repair their homes and rebuild their lives,” Gallagher said. “We want to get …

Fed Study Raises Doubts About Proposed Asbestos Trust Fund

In a new analysis of the $140 billion asbestos trust fund scheme included in S. 852 which was reported out of the Senate Judiciary Committee, the Congressional Budget Office continues to raise doubts over whether the trust fund created by …

Insurers Support Va. Red Light Cameras

The American Insurance Association has added its support to the call of traffic safety advocates to reinstate red light camera enforcement in the state of Virginia. The law that allowed seven Virginia communities to use automated technology to enforce red …

Me.’s Collins, Conn.’s Lieberman Push Tougher Chemical Plant Safety

Oil-storage tanks in South Portland and paper mills in other parts of Maine would be among the facilities subject to additional safety standards if federal legislation to be introduced this week is enacted. U.S. Sen. Susan Collins, the Maine Republican …

Michigan Agents Push for Improved Smoke Detector Use

Michigan insurance agents are calling for more use of smoke detectors in Michigan homes as the peak fire season approaches. Last year, 119 people died in Michigan house fires. Only 16 percent of the homes where a fire death occurred …

Bliss & Glennon Adds New Market for Calif. Residential Contractors

Redondo Beach, Calif.-based Bliss & Glennon has a new market for residential contractors in California. This market is non-admitted and rated “A- VIII” by AM Best’s. This market will entertain both general contractors and subcontractors working on all types of …

N.Y. Permits Agents to Recover Costs for Bad Checks in Reversal of Opinion

New York insurance agents will have the same rights that other businesses have to recover costs when customers write bad checks, according to a new opinion issued December 19 by the New York Insurance Department. The department has reversed an …

Hull & Co. Adds Contractors Market

Hull & Co., Stockton, Calif., has added another company to its array of contractors markets. The new market is Best’s rated “A,” IX and writes both general contractors and artisans. Key features include the writing on occurrence form, blanked additional …

Auto Dealers Compensation of Calif. Returns $9.6 Million in Equity

The Trustee Board of the Auto Dealers Compensation of California Inc. (AD-COMP(R)), has announced an equity distribution of approximately $9.6 million to its auto dealership members. AD-COMP(R), formed in 2002, is a private workers’ compensation group self-insured program. The group …

NAMIC Unveils New Legislative Information Service

The National Association of Mutual Insurance Companies, based in Indianapolis, recently inaugurated an upgraded legislative and regulatory tracking service for its member companies. LARIS, named for the Legislative and Regulatory Information Service, is powered by State Net, a state government …