During April 2006, Jean Patterson, executive director of the Texas Surplus Lines Association, celebrates her 25th year with the organization. With this being the association’s 50th anniversary, Patterson can rightly say she has supported TSLA for half its life. A …
Despite all the recent changes in policy forms, a number of claims still exist under policies using “ensuing loss” language. This language has been the source of a great deal of debate, and rose to the fore during the height …
Despite having passed tort reforms in 2003, Texas has one of the worst legal climates in the country according to a study released by the U.S. Chamber Institute for Legal Reform (ILR). The state ranked number 43 in the 2006 …
The decision by the three major consumer credit reporting agencies to create a more uniform credit scoring system is not expected to have a major impact on insurers’ use of credit in rating personal lines insurance policies, although some think …
A federal judge in Gulfport, Miss., recently refused to throw out a wind vs. water lawsuit that a couple filed against Allstate Insurance Co. over claims for damage to their home from Katrina, the Associated Press reported. The lawsuit, filed …
While Italians sadly said farewell to the Torino 2006 XX Olympic Winter Games, held Feb. 10-26, insurers are happy the event came and went without a hitch. For the first time, the International Olympic Committee purchased an event cancellation policy …
Excess Auto LiabilityTITLE: Nuts & Bolts: Freberg Environmental Inc. announced an excess automobile liability program designed to provide excess limits over FEI’s hazardous material and hazardous waste trucking program with Arch Insurance Group. The Arch program provides a maximum limit …
Given the pace of today’s technological developments, it is often difficult for agency principals to know where to get the most bang for their buck. As most agency principals know, it is important to take a strategic approach when it …
Ohio pair indicted for alleged fraud, money laundering tallying $200,000 The Coalition Against Consumer Fraud and the Ohio Department of Insurance reported that two former dental office employees, Alberta Fay Clark and Tammie Creamer, have been indicted for alleged insurance …
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 …
