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 …
California is considering legislation that would require insurers to report California community-related investments to the insurance commissioner every two years. AB 925, authored by Assemblyman Mark Ridley-Thomas, D, and sponsored by California Insurance Commissioner John Garamendi, recently passed in the …
Appeals Court rules insurer’s indemnity obligation is joint and several The Court of Appeals of Oregon has decided that an insurance company’s indemnity obligation to its policyholders is joint and several, not pro-rata, in an environmental liability insurance coverage case. …
Say Hurricane Katrina and you immediately think of New Orleans; say Hurricane Katrina and insurance coverage, and the story is different. At the nine-month anniversary since the storm made landfall, of all the Mississippi coverage cases that have been filed, …
Equipment Policies Nuts & Bolts: Britt Paulk Insurance Agency Inc. is offering an equipment policy program that includes agriculture, forestry, construction and lawn and garden. The coverage is first party physical damage for contractors’ equipment. Classes include contractors, agricultural, forestry, …
IAG, Lloyd’s Insurance Australia Group Ltd. acquired a newly-formed Lloyd’s managing agency and specialist Asian syndicate, Alba Group Pte Ltd., to “support the development and management of its expanding Asian business.” CEO Michael Hawker commented: “Acquiring Alba puts us in …
Robert W. Hempkins, founding principal of Hempkins Insurance, Denison, was sworn in as president for 2006-2007 of the Independent Insurance Agents of Texas at the association’s 109th Annual Conference and Trade Show, held recently in Houston. Hempkins previously served as …
Homeowners of America Insurance Co. A new property and casualty insurer, Homeowners of America Insurance Com-pany, announced it has opened for business in Irving, Texas. Homeowners specializes in protecting residential property for Texans. The company will sell its products through …
Outdoor Sports Nuts & Bolts: Markel’s Outdoors is a niche program for guide and outfitting professionals, private sporting clubs and hunting/fishing lodges. Marketed through select retail insurance agents. Dollars: Limits $300 to $1 million. Minimum premiums based on $1 million …
GAO estimates around $1 billion ‘improperly’ handed out 10 Let the towing begin Thousands of abandoned cars to be removed in New Orleans 10 IIAT presents awards, installs new officers Association holds 109th annual conference in Houston 11 Chevron makes …
