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

Abram Interstate Offers Stand-Alone Auto

Abram Interstate Insurance Services Inc. in Rocklin, Calif., is offering a preferred, stand-alone auto program in California. Policy provides collision coverage, comprehensive coverage, bodily injury liability, property damage liability, medical payments, and uninsured/ underinsured motorist coverage. Additional coverage options include …

Sierra Summit Surety Insurance Services Changes Phone Numbers

Sierra Summit Surety Insurance Services has issued new phone numbers for its Pasadena and Rancho Cucamonga offices in California. The new numbers are: Pasadena – 626-683-4991; Rancho Cucamonga 909-919-2432.

Study Claims U.S. ‘Tort Tax’ Tops $9,800 Per Family

America’s legal system imposes an economic cost of more than $865 billion every year, or more than $9,800 per family, according to a new study released by the Pacific Research Institute (PRI), a free-market think tank based in San Francisco. …

Supreme Court to Consider Broader Liability in Securities Fraud

The Supreme Court said this week that it will consider whether shareholders of companies that commit securities fraud should be able to sue investment banks, lawyers and others that allegedly participated in the fraud. The case, which won’t be argued …

Texas Advisory Council on Arson Elects Officers

A Texas Advisory Council on Arson (ATAC) has elected new officers for 2007. David Mitchell, property claims supervisor for the Republic Groups, has been elected president. Stacy Singleton, director of emergency operations in Burleson, was elected vice president. Kay Viney, …

Bristol West Rolls Out Auto Insurance Product in Okla.

Bristol West Holdings Inc. announced it has begun writing private passenger automobile insurance in Oklahoma. Bristol West said it entered Oklahoma by deploying Select 2.0, its highly segmented insurance product that utilizes the company’s proprietary credit model and proprietary symbol …

Ill. Attorney General Warns Consumers about Recall on Children’s Jewelry

Illinois Attorney General Lisa Madigan issued an alert on March 21st about a recall of children’s necklaces that contain high levels of lead that may be toxic if ingested by young children and can cause adverse health effects. The recall …

Xchanging Prepares IPO

London-based Xchanging announced plans for an initial public offering, and the listing of its shares on the London Stock Exchange. The offer is limited to the UK and selected European countries; no listing will be made in the U.S. or …

Swiss Re Launches Workers’ Comp Plan in Texas

Swiss Re’s Commercial Insurance introduced its workers’ compensation coverage for small business owners in Texas to be delivered via its exclusive CyberComp platform. According to the company’s announcement, CyberComp is a digitized system that gives agents and employers the most …

TWIA and Texas FAIR Plan Elect Officers

The Texas Windstorm Insurance Association and the Texas FAIR Plan Association Board of Directors announced the election of new officers for both organizations. James Langford, vice president of Texas Farm Bureau Insurance Companies, was elected chairman; Jim Wade, president of …