Although not as substantial as those sought by the Texas Windstorm Insurance Associa-tion, Texas Insurance Commis-sioner Mike Geeslin signed an order on Nov. 15 giving TWIA rate hikes of 3.7 percent for commercial property risks and 4.2 percent for residential …
4.4 Million The number of Mattel play sets recalled because of injuries to several children who swallowed magnets that fell off. The Consumer Product Safety Commission, which an-nounced the recall of magnetic Polly Pocket sets as the holiday gift-buying season …
The Texas Surplus Lines Association Inc. announced the election of the following officers and directors: President Len Kaplan, executive vice president and CFO, Delta General Agency, Houston; Vice President Lana Parks, president, The Parks Group Inc., Arlington; and Secretary/Treasurer Paul …
By mid-November more than $500 billion in private equity transactions had occurred in 2006, $100 billion in October 2006 alone, according to Andrew Rosen, a partner with private equity firm HM Capital Partners. Dallas, Texas-based HM Capital has a controlling …
The best choice for consumers is the tried and true property/casualty guaranty fund system administered by the states From almost the moment Gramm-Leach-Bliley was signed into law in late 1999, discussion turned to the question of state or federal regulation …
Coastal Property — Texas Nuts & Bolts: Western Security Surplus has increased capacity to write coastal property coverage in Texas, including wind and hail, Tier 1 and 2 counties. The property coverage is offered via a non-admitted “A” rated market …
Insurance Journal in the latest installment of the “How to Write” series on www.InsuranceJournal.com. Saunders has been involved in IT since Shand started writing electric data processors back in 1985. She said the roots of IT reach back the development …
More than 40 percent of consumers would like their homeowners insurance carrier to offer coverage for identity theft, according to a study released by J.D. Power and Associates. The “2006 Homeowners Insurance Study” reported that identity theft insurance is second …
Identity-related fraud is a virulent crime, with 3.5 times the aggregate losses of all property crimes, such as burglary, larceny and vehicle theft, reported last year. In today’s technology/information-driven society, the threat is even greater, and it’s only getting worse. …
In a blow to post-Katrina recovery in New Orleans, St. Paul Travelers on Dec. 1st said it will stop renewing many commercial insurance policies in the area in the next year, according to the Associated Press. The rebuilding of New …
