March 2, 2006
A.M. Best Co. has affirmed the financial strength rating (FSR) of A++ (Superior) of the property/casualty subsidiaries of The Chubb Corporation (Chubb) and has affirmed the issuer credit ratings (ICR) of “aa-” and “aa+” of Chubb and Federal Insurance Company, …
March 2, 2006
While enjoying Spring Break, the Rocky Mountain Insurance Information Association recommends homeowners and renters make sure they don’t leave behind an open invitation for burglars. Tipping off thieves that you’re away from home can easily be avoided by following a …
March 2, 2006
Honolulu motorcycle riders are most likely to have their bikes stolen, although the city is the 53rd largest metropolitan area, according to a recent study by Progressive Group of Insurance Companies. A motorcyclist in Honolulu is four times more likely …
March 2, 2006
Legislation protecting emergency medical dispatchers from lawsuits has passed the Oklahoma House Appropriations and Budget Committee. The House of Representatives reported that House Bill 2879, by State Representatives Doug Cox and Larry Glenn, gives “emergency medical dispatch” protection against lawsuits …
March 2, 2006
Californians believe that their state is prone to disasters, but see little motivation to prepare for nature’s crushing blows, a new poll has found. The poll, sponsored by the Insurance Information Network of California and Fireman’s Fund Insurance Company, found …
March 2, 2006
More than a dozen Texas cities have enacted ordinances allowing police officers to ticket uninsured motorists and tow their vehicles, the Insurance Council of Texas reported. The policy has begun to spread rapidly as city officials and their constituents express …
March 2, 2006
Legislation issues affecting insurance agents will be discussed by guest speaker Rep. Dennis A. Ross, D-Lakeland, and other industry leaders during the Annual Legislative “Fly-In” being held March 29 to 30 by the Florida Association of Insurance Agent’s in Tallahassee. …
March 2, 2006
The Texas Windstorm Insurance Association announced it will hold “underwriting basics workshops” in various locations throughout the state. TWIA noted that these workshops will help new agents/agency personnel gain the knowledge that is essential for the successful submission of applications …
March 2, 2006
The Texas Department of Insurance reported that it has received a number of inquiries from interested parties and legislative offices related to the continued existence of informal or voluntary workers’ compensation networks after the passage of House Bill 7 during …
March 2, 2006
The Texas Department of Insurance announced it recently took action against two bonding companies operating in the Houston area. Both companies, International Fidelity & Surety Ltd. and Providential Surety Company Ltd., were issuing surety bonds without a license and therefore …