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

PIA National Offers Agents’ E&O Coverage Through Lloyd’s

The National Association of Professional Insurance Agents (PIA) has a new market for insurance agents’ Errors and Omissions (E&O) insurance through Lloyd’s, London – utilizing Lighthouse Underwriters, LLC (a member company of U.S. Risk Insurance Group, Inc.) as the preferred …

DeChard Promoted at SIAA

Strategic Independent Agents Alliance (SIAA) announced that Bill DeChard has been promoted to SIAA’s executive vice president for marketing and consolidations. DeCard will serve as a senior marketing officer responsible for distribution of various SIAA services and products. DeChard joined …

Former Lead Paint Makers Seek Dismissal of R.I. Case

Lawyers for three former lead paint manufacturers found liable for creating a public nuisance asked a judge Wednesday to dismiss the state of Rhode Island’s lawsuit against them or order a new trial, saying the state failed to provide enough …

Conn. Lobbyists Fight Campaign Gift Ban

Lobbyists at the state Capitol in Hartford are challenging Connecticut’s new campaign finance reform law in federal court, saying rules banning them from making campaign contributions are unconstitutional. Connecticut’s law, considered one of the most strict in the country, bans …

Fla. Rejects First Floridian Hike

Last week when Florida Insurance Commissioner Kevin McCarty issued a notice of intent to deny a 63.2 percent statewide average rate increase for homeowners insurance sought by First Floridian Auto and Home Insurance Company, he was, in effect, issuing the …

N.J. Lawmaker Reimburses Insurer for Gifts from Lobbyist

The head of the New Jersey Democratic Party has repaid Prudential Insurance Co. more than $1,200 for golf tickets and other gifts he received from a former lobbyist who was later accused of stalking him. Assemblyman Joseph Cryan filed an …

Texas Agents’ Group Testifies Before Committee on Windstorm Coverage

Independent Insurance Agents of Texas announced it has proposed a set of guiding principles before the Texas Legislature’s Joint Committee on Windstorm Coverage and Budget Impact during a public hearing in Corpus Christi. The committee is exploring solutions for restructuring …

Judge Orders New Trial on $50 Million Award in Vioxx Case

The $50 million (euro39 million) compensatory damage award in a federal Vioxx case this month was “grossly excessive,” and a new trial must be held to decide damages for a retired FBI agent who suffered a heart attack after taking …

Starbucks Worker’s Union Expands to Chicago

The union representing Starbucks Corp. workers said yesterday that employees of a Chicago store have declared their membership, becoming the first unionized employees outside New York City of the world’s largest coffee chain. The baristas at the Logan Square Starbucks …

SyMplify Launches OneApp for Agents

Brentwood, Tenn.-based SyMplify Technologies, a division of Sy.Med Development, Inc., has launched a new software solution, OneApp Agency, designed specifically for the unique needs of insurance agents and brokers. OneApp Agency is a software solution that streamlines and enhances agency …