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

Texas Lawmakers Break Tax Proposal Into Four Bills

Four bills were filed in the Texas House of Representatives to kick off the first day of the third called special session of the 79th Legislature. The bills make up the major components of the tax plan developed by a …

Crash Tests Show Safety Benefits of Optional Side Air Bags

For motorists seeking greater protection in crashes, test results released Sunday by the insurance industry show the benefits of paying for optional side air bags. Versions of the 2006 Toyota Prius and six minivans made by DaimlerChrysler AG and General …

Commercial Marine Seminars Slated in Atlanta

A series of commercial marine seminars on navigating commercial marine liabilities and marine workers’ compensation have been scheduled by LIG Educational and Consulting Services of St. Petersburg, Fla. on May 17 at the Sheraton Midtown in Atlanta. The seminars will …

Weiss: Hurricanes Batter P/C Insurers with a $4.2B Underwriting Loss in 2005

Last year’s devastating hurricane season produced a $4.2 billion underwriting loss in 2005 for property/casualty insurers. According to Weiss Ratings Inc., the loss erased the record underwriting profit of $6.4 billion reported by the industry in 2004. Property and casualty …

General Casualty Business Auto Now Online in Midwest, Northeast

Beginning this week, agents across General Casualty’s Midwestern and Northeastern operating territory will be able to quote, submit and bind business auto coverage through the company’s Web site, according to a written statement issued by the company this week. This …

Fort Dearborn Life Adds Group Dental Program in Ohio

Fort Dearborn Life Insurance Company announced that it has introduced a group dental PPO program in the Ohio marketplace. Available on both an employer-paid and voluntary basis, Fort Dearborn Life’s PPO group dental program is designed for both the employee’s …

Former Insurance Agency Employee Pleads Guilty in Okla.

A former employee of Gore’s Southlake Insurance Agency was ordered to pay $20,479.93 in restitution after pleading guilty to six counts of violating Oklahoma’s Computer Crimes Act, Attorney General Drew Edmondson said. Sabrina Diane Sands, 28, was charged July 21, …

Dade County Agents Sponsoring Flood Insurance Course

The Independent Insurance Agents of Dade County will sponsor a three-hour continuing education course on “The Reality of Flood Insurance,” May 17 at the Sheraton Miami Mart Hotel in Miami. Instructor Shawn Tinsley will cover the National Flood Insurance Program, …

$960M in Unanticipated Fla. Revenue Could Provide Rate Relief

The Florida General Revenue Estimating Conference has released new estimates stating Florida is expected to receive an additional $960 million in unanticipated revenue this year and the next. This estimate is in addition to the $3.2 billion in increased revenue …

Bulletins Issued, Hotline Accepting Calls About Tenn. Tornados

Tennessee Commerce and Insurance Commissioner Paula A. Flowers has announced that her department is ready to assist consumers and insurance companies as they work to rebuild the communities affected by last week’s tornadoes. “In the wake of the deadly and …