Monthly Archives: <span>January 2007</span>

Kentucky judge permits Christians-only health plan to continue

A Christians-only health plan that serves nearly 20,000 churchgoers nationwide can continue operating in Kentucky, a judge ruled recenntly. Franklin County Circuit Judge Thomas D. Wingate said the Medi-Share program isn’t insurance and therefore doesn’t violate the state’s insurance laws. …

Mississippi surprise?

The insurance industry, or at least State Farm, was surprised earlier this month when the insurer lost a closely-watched Mississippi case involving wind and water damage from Hurricane Katrina. “We did not expect this decision,” said Kim Brunner, general counsel …

Calif. Insurance Commissioner Poizner sworn in

Steve Poizner took his oath of office on Jan. 8, becoming California’s new Insurance Commissioner. During his remarks, Poizner vowed to make the office bi-partisan, to lower insurance rates by combating fraud and to help the state prepare for natural …

Declarations

Insurance emergency “During this state of emergency, I want to ensure that our farming communities avoid the red tape and get paid quickly so they can get back to the business of farming” — California Commissioner Steve Poizner, on proclaiming …

Man’s cell phone ignites in pocket

A cell phone apparently ignited in a Vallejo, Calif., man’s pocket and started a fire that burned his hotel room and caused severe burns over half his body, fire department officials said. Luis Picaso, 59, was in stable condition the …

Report: Customer satisfaction doesn’t guarantee loyalty

The insurance industry needs to improve its customer retention strategies, because a satisfied customer isn’t always a loyal one, according to the World Insurance Report, an international study of more than 10,000 insurance customers, insurers and distributors. The study, released …

It Figures

5 Number of days California experienced freezing temperatures in January, which wreaked havoc on the state’s citrus crops. 148 Number of extra emergency sirens the Honolulu Star Bulletin says are needed to cover gaps in the state’s four counties. Emergency …

Remapping California flood zones might spur wave of policy sales

Homeowners who witnessed the devastation wrought by Hurricane Katrina seem to have boosted flood insurance sales dramatically in 2006, and federal government actions also might force others to purchase flood coverage, as well. The Federal Emergency Management Agency is redrawing …

New Markets

Apartment Property Program Nuts & Bolts: Houston-based London American Risk Specialists Inc. has an Apartment Property Program endorsed by the National Apartment Association. The program is available in the continental United States. Highlights of the program include: competitive rates on …

Oregon task force aims to improve construction

Oregon’s Construction Claims Task Force has released a report noting 11 recommendations to help protect homeowners from construction defects and ensure affordable liability insurance for contractors. Highlights of the recommendations include: Changing building code requirements to prevent moisture intrusion; Strengthening …