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

New Ill.Law Makes Driving Without Proof of Insurance a Felony

The Chicago Sun-Times is reporting that a 23-year-old Chicago woman is the first person to be charged under a new state law that changes two traffic offenses — driving on a suspended license and driving without proof of insurance — …

Wisconsin Insurance Rates Likely Not Impacted by Hurricane Katrina

This year, businesses and consumers will help insurers pay for last year’s estimated $57.6 billion in storm-related losses such as Hurricane Katrina through higher property and casualty insurance policy rates, the Milwaukee Journal Sentinel reported. How will these disasters impact …

Best Affirms Gulf Ins. ‘A-‘ Rating

A.M. Best Co. announced that it has affirmed the financial strength rating of A- (Excellent) of Trinidad’s Gulf Insurance Limited, with a stable outlook. “The rating reflects Gulf’s consistently favorable operating performance, liquid investment portfolio, geographic spread of risk and …

Fire Crews Brace for the Potential of More Fires in Okla.

Firefighters in Oklahoma remained geared up Monday, Jan. 2 after 25 grassfires ravaged hundreds of acres across Oklahoma City. The fire crews battled blazes from about 7 a.m on Sunday, Jan. 1 until about 7 a.m. Monday, Oklahoma City Fire …

AAIS Says Policy Forms OK for Use Under Terrorism Extension

Insurers including those writing farm and crime coverages that use programs developed by the American Association of Insurance Services will require no immediate changes to existing endorsements and other materials to comply with the recent extension of the federal terrorism …

Hero Cat Saves Life of Ohio Resident

Move over canines, the felines have joined the rescue scene. Police aren’t sure how it could have happened, but when an officer in Columbus, Ohio walked into an apartment recently to answer a 911 call, an orange-and-tan striped cat was …

Minimum Car Insurance Requirements, Cost to Miss. Motorists to Increase

Thousands of Mississippi motorists will see a higher bill when they renew their automobile insurance in 2006. A new law that took effect Jan. 1 doubles the minimum amount of liability insurance Mississippi drivers must carry. The change does not …

Texas Governor Visits Fire-Plagued Towns; 3,200 Evacuated

Texas Gov. Rick Perry on Jan. 2 traveled to Nacona and Ringgold, two towns in fire-ravaged Montague County where 3,200 residents were evacuated to safety yesterday. Perry met with local officials and took a helicopter tour to assess damages, the …

Sam’s Club To Sell Tailored Health Plans for Small Firm Members

The Sam’s Club division of Wal-Mart Stores Inc. will offer its small-business members individualized health care plans intended to make it easier and cheaper to cover their employees in the face of rising health insurance costs, the company said. The …

SUVs Not Safer Than Passenger Cars for Kids, Study Finds

New research from The Children’s Hospital of Philadelphia, shows that children riding in SUVs have similar injury risks to children who ride in passenger cars. The study, published today in the journal Pediatrics, found that an SUV’s increased risk of …