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

News Briefs

Ariz. could deny benefits to those who test positive for drugs, alcohol Arizona lawmakers have preliminarily approved a bill and constitutional amendment that would deny workers’ compensation benefits to employees injured or killed on the job who test positive for …

News Currents

Colo. senate wants insurers to pay medical bills Auto insurers would have to pay ambulance and emergency room bills in car accidents, under a measure backed by a Colorado Senate panel. Officials for hospitals and ambulance services said someone needs …

News Briefs

Agency Management Resource Group holds producer school The Ultimate Producer School, provided by Agency Management Resource Group (AMRG) is hosting its next school starting in April 2006 in Sacramento, Calif. The school combines technical coverage information, emphasizing commercial insurance, with …

News Currents

California Surplus Line Association elects new officers The Surplus Line Association of California’s (SLA) elected new officers at its Annual Meeting held in Northern California on Jan. 24 and in Southern California on Jan. 26, 2006. New officers include: chairman …

Experts predict devastating Arizona wildfire season ahead

Dry conditions this year and heavy moisture last year could combine to make Arizona’s imminent wildfire season the most devastating yet, experts told Arizona Gov. Janet Napolitano at a roundtable discussion. Wildland fire experts expect them to occur in both …

Hallmark, Texas General Agency

Hallmark, Texas General Agency Hallmark Financial Services Inc. completed its previously disclosed acquisition of Texas General Agency Inc. and certain affiliates. TGA is a managing general agency involved in the marketing and servicing of property and casualty insurance products, with …

Closer Look: Nonprofits

Over the years, many a vexed property/casualty insurance company chief executive has joked about his firm being a nonprofit, blaming pricing regulation, market cycles, high loss ratios, low investment income or some combination of these forces for erasing any net …

News Currents

Agents allege red-lining by ANPAC in Texas court case A group of agents recently won a round in a Texas court in their fight to have documents released. Deemed “trade secrets” by American National Property & Casualty Co., they were …

What does a ‘Valued Policy’ cover in Louisiana and Mississippi?

In general, “Valued Policy” statutes require an insurer to ascertain the value of the property being insured at the time a policy is written and to pay that value to the insured when there is a total loss. As is …

Small business headed for the chopping block?

The ruling accurately determined that an employer’s duty to provide a safe workplace is limited to employees and does not extend to others such as spouses. While shopping for turkey last Thanksgiving, it would have been good to pause and …