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

Md. Serves Up Stricter Rules for Bartender Training Programs

Groups offering state-mandated alcohol-awareness training to bartenders and liquor-store workers would have to provide at least three hours of instruction and give a state-approved test under rules proposed by the Maryland Comptroller of the Treasury. The proposal would standardize requirements …

Reinsurance Poses Dilemma for Mass. Fair Plan and Regulator

Last summer when the Massachusetts Fair Plan, the state’s involuntary homeowners insurance market, looked into purchasing reinsurance, the premium was about $17.5 million. The plan did not purchase the reinsurance then, which left its participating individual property insurers to cover …

At least 120 Die in Russian Plane Crash

An Airbus 310 went out of control on landing at the Irkutsk airport early this morning, July 9 local time, crashing through a concrete wall into a building and then bursting into flames. At least 120 people are reported to …

TWIA Reminds Agents of Binding Procedures, Sept. 1 Rate Increases

The Texas Windstorm Insurance Association posted a bulletin on its Web site to assist agents with its coverage binding procedures in the event a hurricane threatens the Texas coast. TWIA said no new or additional coverages can be written on …

Oregon Orders Company to Stop Selling Insurance Without a License

Oregon’s Department of Consumer and Business Services (DCBS) has ordered a Connecticut company to stop selling insurance in Oregon without a license. Golf Marketing Worldwide LLC, on its Web site, offers “hole-in-one” insurance for golf tournaments and related events. An …

Court Order Allows Hawaii Commissioner to Take Over Hawaiian Insurance & Guaranty

Hawaii’s First Circuit Court has granted Hawaii Insurance Commissioner J.P. Schmidt an Order of Rehabilitation on The Hawaiian Insurance & Guaranty Company Ltd. The order authorizes Commissioner Schmidt to take possession and control of HIG’s assets and to assume the …

Top Insurance Home Pages Still Miss the Mark

Home page usability of many insurance companies isn’t up to par, according to a recent study. The study, conducted by Oak Park, Ill.-based Vox Inc., analyzed the positioning of key customer and user elements, such as insurance quote and “find …

Oregon Senators Unveil Plans for Uninsured, Catastrophic Care

Oregon Sens. Ron Wyden and Gordon Smith joined forces behind a proposal aimed at helping uninsured people get health coverage and those with insurance avoid financial ruin from a catastrophic illness. Smith and Wyden say they will propose a series …

Nas Offers New Miscellaneous Medical Malpractice Program

Encino, Calif.-based NAS Insurance Services has a new miscellaneous medical malpractice insurance program provided by Houston Casualty Company (HC) of Houston, Texas, rated A+ by A.M. Best. Existing NAS medical malpractice insureds will be renewed with HC. However, Texas insureds …

Networked Adds Territorial Sales Vice President in Nevada

Networked Insurance Agents, a Professional Account Placement organization headquartered in Grass Valley, Calif., has appointed Chris Decolati as territorial sales vice president in Nevada. The position was previously held by Randy Chambers, who has accepted an expanded role with Networked’s …