Supporters of federal legislation to create a $140 billion trust fund for victims of asbestos exposure won a critical victory earlier this month when the bill was approved to go the full Senate for debate later this session. Had that …
Editor’s note: This is the fourth in a continuing series of articles offering “best practices” suggestions for the hiring process including training in the independent agency. More information is available at iiat.org under Agency Management. Although it’s often true the …
Aon Risk Services of Oklahoma welcomed Don Horner to its staff as vice president, Health & Welfare Practice leader. He will be responsible for new business production, management of the Tulsa office’s Health & Welfare clients, expansion of product lines …
Enhanced Partial Loss Settlement Nuts & Bolts: National Lloyds Insurance Company and American Summit Insurance Company have a new enhanced partial loss endorsement for the HO-8 homeowners form. It provides replacement cost coverage on partial losses to the dwelling. Coverage …
When underwriting for commercial properties, insurers need to obtain accurate insurance-to-value (ITV) calculations so they can charge the right premiums for the risks they assume. Adequate ITV is not an issue to be taken lightly. If insurers do not receive …
While shopping for turkey last Thanksgiving, it would have been good to pause and appreciate those millions of independent small businesses that provide the goods and services this thriving nation depends upon. Today, such enterprises form the economic bedrock of …
Louisiana Insurance Commissioner Robert Wooley announced he would step down as commissioner Feb. 15, 2006, leaving the office he has held since 2000. Although he is returning to the private sector, Wooley indicated he plans to remain active in the …
Three independent insurance agencies were among the “50 Best companies to work for in Texas” honored at a luncheon hosted by the Texas Assosiation of Business, Texas Monthly magazine and the Society for Human Resource Management-Texas State Council. Higginbotham & …
As is obvious from a perusal of newspaper articles and legal journals, the devastating damage throughout the entire Gulf Coast Region from the recent hurricane season has raised numerous legal issues regarding insurance coverage and recovery. Most issues arise from …
An Oklahoma County jury on Feb. 8, 2006, found former Oklahoma Insurance Commis-sioner Carroll Fisher guilty on one count each of embezzlement and perjury. The 12-member panel, which deliberated about two hours after less than two days of testimony, recommended …
