Monthly Archives: <span>January 2006</span>

Insurers happy Calif.motorcycle helmet

Earlier this month, legislation was introduced by Sen. Denise Ducheny, D-San Diego, to permit motorcyclists 18 years and older to ride without helmets if they could show proof of having medical insurance. The bill was considered Tuesday, Jan. 10, by …

SURPLUS LINES TRENDS

Teflon, nanotechnology and more

Health care networks coming soon to Texas workers’ comp system

In certain situations, employees may seek care outside the network. An employee who has a pre-existing relationship with an HMO doctor may receive treatment for a workers’ compensation injury from that provider. Health care costs in the Texas workers’ compensation …

Earlybird Forecast

Fortunately for insurers, 2006 will likely feature far fewer screaming headlines announcing investigations into various insurance industry practices such as broker compensation and finite reinsurance. Each year the Insurance Information Institute invites a panel of Wall Street stock analysts and …

Arson suspected in Texas wildfires

Many of the wildfires that plagued Texas during the first half of January 2006 may have been started intentionally, according to the Texas Forest Service. Some 70 wildfires in Texas are thought to have been started by arsonists and at …

How to Write: Lawyers Liability

With more than a quarter million law firms in the United States, the lawyers’ professional liability market represents a huge opportunity for retail agents and wholesale brokers seeking to grow their business. In any given year, five to six practicing …

Emerging environmental risks pose problems for underwriters

Anticipating and assessing risk, along with defining and assigning value to units of exposure, are basic components of an insurance underwriter’s job. Challenging as such tasks are when examining well-known exposures, they become doubly daunting when faced with previously unknown …

Playing with airplanes and other exceptions to the ‘eight corners’ rule

While attempting to weigh it, the insured tipped the plane on its nose, pinning the friend under the propeller and injuring him. The aircraft exclusion of the homeowner’s policy-an infrequent backdrop to insurance disputes-forms the basis of an opinion that …

Business Moves

American National Bank of Texas; Sleeper Sewell & Co. The American National Bank of Texas of Terrell, Texas, has acquired Dallas-based insurance agency Sleeper, Sewell & Company. Led by President and CEO Robert A. Hulsey, American National Bank has banking …

Only your E&O carrier and your boss care how smart you are

Different cus-tomers need different styles of presentation, and one way doesn’t work for every account. Recently I won a large account the old fashioned way. I earned it. We insure some local rural water districts. One of our customers called …