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

comScore: 24% Growth in Auto Quotes and 29% Gain in Online Policy Purchases in 2005

Consumers flocked online to research and purchase auto insurance in 2005 according to an analysis released this week by comScore Networks, a provider in the use of the Internet to measure and understand consumer behavior and attitudes. The comScore analysis …

San Diego-Area Casino Bus Accident Injures Several People

Several people were injured late Monday night when a shuttle bus transporting 15 passengers from the Barona Valley Ranch & Resort Casino crashed on State Route 67 outside the city of San Diego. According to authorities on the scene, the …

Actuaries to Research Avian Flu Pandemic Impact on Industry

The Society of Actuaries (SOA) is beginning research on the possible implications of an avian flu pandemic on the insurance industry. The SOA expects to provide insight into the potential impact a pandemic could have on life and health insurers. …

Legislators to Examine National Mega-Cat Plan at Spring Meeting

At the National Conference of Insurance Legislators (NCOIL) Spring Meeting in Florida, Feb. 23 – 26 , state lawmakers from across the country will examine a draft mega-catastrophe program and, among other things, decide on next steps to promote effective …

State Auto Financial Reports 2005 Net Income Up 14%

Columbus, Ohio-based State Auto Financial Corporation reported that revenue for the year 2005 was $1.14 billion, up from $1.09 billion for the same 2004 period. For the year 2005, State Auto achieved record net income of $125.9 million compared to …

Disaster Assistance Outreach Unit Comes to Robertsdale, Ala.

A Federal Emergency Management Agency (FEMA) Disaster Assistance Outreach unit will visit Robertsdale on Thursday, Feb. 23-28. The unit will be closed on Sunday. It will open on Thursday at 11 a.m. and will be open 8 a.m. to 6 …

N.C. Police Take Thousands of License Plates From Uninsured Drivers

At least 5,300 cars across North Carolina have had their tags taken away by police and deputies empowered by a new law to confiscate the plates of uninsured vehicles. The law that took effect Dec. 1 gave local law enforcement …

Former La. Commissioner Joins Adams and Reese

The Louisiana-based law firm of Adams and Reese LLP announced that former Insurance Commissioner of Louisiana, J. Robert Wooley joined the firm effective Feb. 20, 2006. Adams and Reese, which has offices in Baton Rouge and New Orleans; Birmingham and …

Louisiana Special Session Adjourns

In the final hours of the special session of the Louisiana Legislature, lawmakers sent to Gov. Kathleen Blanco Senate Bill 7, which would prohibit an insurer from using the floodwater mark without considering other evidence in determining whether a homeowners …

Travelers Offers Hybrid Owners 10% Auto Discount

Travelers personal lines, a member of St. Paul Travelers, now offers hybrid-driving Americans a 10 percent discount on auto insurance. Travelers made the discount available in 27 states with plans to roll it out in most remaining states in the …