January 10, 2006
Arkansas had its first major wildfire outbreak of the season as at least 43 fires blazed statewide, with one 3,000-acre arson fire in Ashley County that destroyed eight structures and forced evacuations still burning as of Jan. 9. Families living …
January 10, 2006
Texas Gov. Rick Perry has directed the Texas Department of Public Safety, the Texas Parks and Wildlife Department, the State Fire Marshal’s office of the Texas Department of Insurance and the Texas Forest Service to work with local authorities to …
January 10, 2006
The Texas Department of Insurance, working in conjunction with the Collin County District Attorney’s Office, recently secured a criminal conviction against Don A. Bauer of Plano for insurance fraud. TDI said Bauer was sentenced to seven years probation, fined $14,000 …
January 10, 2006
The National Association of Insurance Commissioners (NAIC) has released its 2005 Market Analysis Scorecard to show transparency and accountability. The scorecard evaluated states on criteria such as the involvement of the state’s Market Analysis Chief and Collaborative Action Designee; a …
January 10, 2006
The Main Street America Group has expanded its payment choices for policyholders by adding phone and online payment methods, using a credit card, ATM debit card, check card or electronic check. The new service is available 24 hours a day, …
January 10, 2006
Linda S. Downs, a Brown & Brown regional executive vice president has been promoted to the newly formed position of executive vice president for leadership development. According to J. Hyatt Brown, chairman and CEO of the firm, Downs will be …
January 10, 2006
Lloyd’s insurer Amlin plc has issued a very positive assessment of its 2005 results and is equally upbeat about prospects for 2006. Amlin said it “expects that, in the absence of unforeseen circumstances, its pre-tax profit for 2005 will be …
January 10, 2006
AIR Worldwide Corporation and Insurance Services Office Limited, the U.K.-based provider of personal injury claims and anti-fraud insurance services and solutions, announced the opening of the AIR Worldwide Corporation Beijing Representative Office in China. “The opening of our office is …
January 10, 2006
An article on the Lloyd’s Web site (www.lloyds.com) notes that “boat ownership continues to grow at a time when insurers are considering the areas around the world where they are willing to cover yachts and pleasure craft.” Even with an …
January 10, 2006
In a comment on its CreditWatch placement of Italian insurer Compagnia Assicuratrice Unipol SpA (Unipol), Standard & Poor’s Ratings Services commented that its “A-” long-term counterparty credit and insurer financial strength ratings will “remain on CreditWatch with negative implications, where …