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

Summers Joins Transportation Team at RISC Inc.

Dallas-based RISC Inc. announced that Tammy Summers has joined the firm in its Transportation Department. Summers has over 25 years experience in commercial auto and transportation underwriting. After several years with American Pathfinders in the 70’s, she left to become …

N.C. Lawmakers: Buckle Up in the Back Seat, Too

Click it or ticket, even in the back seat. With the Senate concurring to changes made by the House, lawmakers Monday night finalized a proposal that requires all North Carolina passengers to buckle up. That measure now goes to the …

Miss. Trial Could Help Decide Claims from Hurricane Katrina

Hurricane Katrina left thousands of Gulf Coast homeowners battling their insurance companies. A Mississippi police officer and his wife are the first to take their fight to court. A federal judge on Monday began hearing a groundbreaking trial that could …

RiskMeter Adds Flood Elevation Report to Service

CDS Business Mapping LLC. has added a new Flood Elevation report to its RiskMeter Online (www.RiskMeter.com) service to better understand flood risk for policies that fall outside a flood zone. “After the events of the 2005 hurricane season, many insurers …

Court Documents Allege New Mexico’s Serna Ran ‘Pay to Play’ Operation

While much of the controversy surrounding former New Mexico Insurance Superintendent Eric Serna has centered on Con Alma, his conduct wasn’t limited to the health foundation he founded, court documents allege. Serna and one of his top aides offered favorable …

Utah Advisory Board Recommends Alternative Traffic Tickets

The Holladay Citizens Advisory Board in Utah has recommended some traffic tickets not be reported to insurance companies so the offenders’ premium rates don’t go up. The proposal is opposed by the community’s leading law enforcement officer and has received …

Insurance, Banking Enter Next Phase of Integration, Conning Reports

Though Citigroup’s recent sale of Travelers Life & Annuity to MetLife may appear to indicate that the “financial supermarket” idea of full-scale mergers is an untenable working model, banks and insurers continue to find ways to integrate their services, according …

Auto Club of SoCal Reduced Rates to Take Effect in December

California’s fourth-largest provider of auto insurance has agreed to base its rates on safety and driving frequency rather than primarily on where a driver lives. The plan, to take effect Dec. 1, would cut some $133 million from the annual …

Fla. Public Hurricane Model Data Available Online

The Florida Public Hurricane Model is now available on the Office of Insurance Regulation’s website according to Insurance Commissioner Kevin McCarty. Statewide data showing aggregate results of insurance company filings can now be viewed. The FPHM was created to provide …

Fla. Commissioner Supports Tougher Panhandle Building Codes

Florida Insurance Commissioner Kevin McCarty has testified before the Florida Building Commission on the need to expand Florida’s tougher building codes to areas of the Panhandle that had been exempted. The Florida Building Code allows wind-borne debris regions from Franklin …