People Miami insurance agent Alex Soto has been inaugurated as the new president of the Independent Insurance Agents & Brokers of America (the Big “I”), with Robert E. Fulwider assuming the office of president-elect and C. Brett Nilsson assuming the …
New Markets
New Builder Construction Nuts & Bolts: Abram Interstate Insurance Services Inc. in Rocklin, Calif., is offering a new owner builder course of construction policy in California. Coverage is written on a homeowners HO-3 Form. Builders Risk policies can be converted …
Business Moves
Alliant, Jardine Lloyd Thompson Jardine Lloyd Thompson Group PLC sold its U.S.-based property and casualty insurance and employee benefits businesses to California-based Alliant Insurance Services Inc. JLT said the proceeds would be used to enhance the group’s financial position including …
Farmers vows to appeal California court ruling
Farmers Insurance Exchange will appeal a decision by a San Diego Superior Court regarding premium payment plans offered to its customers in California and Nevada. In September, San Diego County Superior Court Judge Jay M. Bloom ruled that Farmers Group …
COMMISSIONER HOPEFULS SPAR
U.S. FOOD CHAIN AT RISK Agroterrorism a real threat MOLD IS OUT IN TEXAS Court says coverage is excluded THE COMMISSIONERS: OKLAHOMA’S KIM HOLLAND Regulator ‘raising the bar’ for ethics and integrity SMASH THE MYTH Let college grads know insurance …
Driver service aims to keep drunks off roadways
Hoping to keep potential drunken drivers off the road, a new designated driver service is offering rides home for its customers and their cars. PointZero8, which started giving rides in San Antonio, Texas, in early September, sends two drivers when …
News Currents
Texas agents urge legislators to address windstorm problems The Texas Legislature’s Texas Joint Committee on Wind-storm Coverage and Budgetary Impact held a public hearing in Corpus Christi in late August, and two of the state’s agent associations-the Independent Insur-ance Agents …
The Fiess decision: Mold is out and more
In early 2005, the Federal Fifth Circuit Court of Appeals “certified” a very controversial state law question to the Texas Supreme Court. Certifying a question simply means that the Federal Appellate Court asks the state’s highest court to tell it …
Bowman says guidance needed on health plans
Arkansas Insurance Commis-sioner Julie Benafield Bow-man in early September told lawmakers she needs guidance on enforcing a state law to allow people covered by health maintenance plans to see the doctor of their choice. Bowman said legislation passed last year …
New Markets
Third Party Harassment and Discrimination Nuts & Bolts: Monoline third party harassment and discrimination coverage is offered by Quadrant Insurance Managers. This product covers businesses for discrimination, harassment and wrongful eviction committed by an employee against a customer and/or member …