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

No worries until 2008 “I didn’t think there was a chance in the world we would come out with something meaningful, I thought it would be just another band-aid approach, but we didn’t. For that I do congratulate the leadership.” …

Although the U.S. Department of Agriculture’s Risk Management Agency has taken steps to improve its procedures and processes to address fraud, waste and abuse in selling servicing crop insurance policies, many flaws remain in the system, according to a new …

Despite knowing that driving and talking on a cell phone at the same time is dangerous and that it is safer to use a hands-free device to hold a cell phone, a large majority of drivers with cell phones still …

Although many in the insurance industry don’t think they are going up enough, the Texas Windstorm Insurance Association (www.twia.org) is set to raise its rates effective Sept. 1 for new and renewal policies. Commercial rates, including farm and ranch and …

Explaining Seattle-based Safe-co’s recent announcement that it would sell its products directly to the consumer over the Internet, president and CEO Paul Rosput Reynolds said the company previously had been not “completely honest” about its sales distribution channels. “I felt …

Agents can make a difference in the perception of the insurance business if, instead of tracking and billing delinquent accounts, they turn everything around and call good customers, Kat Davis of Tower Hill Insurance in Gainesville, Fla., insists. In a …

Louisiana Recovery Authority is considering going after insurance companies on behalf of homeowners who are having trouble with claims on their storm-damaged homes. According to the Associated Press, Louisiana’s program to help rebuild or relocate may sue insurers for additional …

Workers’ Compensation – Middle Market Nuts & Bolts: Workers’ compensation for middle market and loss-sensitive plans, with broad risk appetite, is being offered by PointSure Insurance Services. Premiums are in excess of $130,000 with guaranteed cost and loss-sensitive plans. Experience …

Suspicious fires Two suspects were arrested in relation to at least three of a dozen fires in Benton County, Ark., between June 28 and July 4. The fires were considered suspicious by public officials, though at first investigators were reluctant …

The question of how to structure property insurance rates adequately in coastal zones while still making it affordable for people to live and work there is becoming an increasingly important one to insurers and consumers alike, especially in the wake …