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

Three IIAG-supported bills introduced in Georgia Legislature

The Independent Insurance Agents of Georgia suggested three bills that were introduced to the Georgia Legislature to address Certificates of Insurance for subcontractors and workers’ compensation issues. Rep. Mike Coan, Lawrenceville agreed to introduce the bills at the association’s request. …

Fla. Insurance Council to push mitigation efforts

With more than $30 billion in claims over the past two hurricane seasons in Florida, the Florida Insurance Council has announced it will ask lawmakers now meeting in Tal-lahassee to support mitigation efforts to combat the destructive forces of future …

‘Fly-in’ participants to discuss legislative issues

Legislative issues affecting insurance agents will be discussed by guest speaker Rep. Dennis A. Ross, D-Lakeland and other industry leaders during the March 29 to 30 Annual Legislative “Fly-In” being held in Tallahassee by the Florida Association of Insurance Agents. …

People and Places

Seven Main Street America Group employees were inducted March 9 in Jacksonville, Fla. into the Circle of Excellence, an annual employee recognition program established in 1985. The winners were selected for their 2005 company achievements and contributions. Jason Hartman, claim …

Solve the multi-state surplus tax problem now

The proper allocation and remittance of surplus lines premium taxes to the states on multi-state risks has been the most vexing problem faced by surplus lines brokers during the nearly 116 year history of the industry. In recent years, the …

72 days and counting until 2006 hurricane season

Legislators are meeting across the Southeast to discuss a wide variety of insurance issues: Proposals in Florida would designate hurricane tax revenue to help pay for hurricane repairs; there are a dozen proposals in Georgia, including one to give a …

To acquire or be acquired–that is the question

Independent retail insurance agencies looking to grow through acquisition had better have a good plan in place if they want to run with the big dogs–those big dogs being the banks, the large public brokers and the regional clusters whose …

The next wave: Insurance prejudice cases

Sometimes law practice reminds me of floating on a surfboard out in the bay. You watch and wait, and the waves come rolling in, always in groups, and you are watching for the one perfect wave. Legal issues seem to …

For O & G operators, contracts and coverages go hand in hand

(Editor’s note: This is the third article in a series addressing risk management for the Oil and Gas operator. The first appeared in the Aug. 22, 2005, issue of Insurance Journal-Texas/South Central, the second ran in the Nov. 21, 2005, …

$1.5B paid on more than 180K Rita claims

The Insurance Council of Texas reported that insurance companies have settled 90 percent of property claims in Texas that resulted from the devastation caused by Hurricane Rita that struck in late September 2005. According to the Texas Depart-ment of Insurance, …