March 26, 2007
Louisiana Workers’ Compensation Corporation (LWCC) hired William B. Bangs IV as vice president of agency relations. In this position, Bangs will plan, direct and coordinate agency relations with insurance agents throughout the state. Bangs joins LWCC from Innovative Risk Management …
March 26, 2007
The Texas Commission on Alcohol and Drug Abuse conducts a Texas School Survey every two years that examines alcohol and drug use among students. The following are highlights from the 2003 survey: • In 2002, alcohol was blamed in the …
March 26, 2007
Two Louisiana lawmakers said they support a plan to overhaul the state-backed insurance company by opening much of its business to bidding among private firms. Sen. James David Cain, chairman of the Senate Insurance Commit-tee, and Sen. Ken Hollis, chairman …
March 26, 2007
La.’s Donelon forges agreement with Allstate over cancelled policies Louisiana Commissioner of Insurance Jim Donelon reported on March 19, 2007, that he had reached a settlement with Allstate concerning 4,772 policyholders in four south Louisiana par-ishes whose homeowners insurance was …
March 26, 2007
$400 million The amount it would cost to replace a key weather satellite that is already beyond its expected life span if it fails, according to National Hur-ricane Center Director Bill Proenza. He said the satellite, designed to last five …
March 26, 2007
Every five years or so, the Texas Supreme Court issues an opinion that makes insurance companies and coverage lawyers rethink basic principles of claims handling, strategy or policy interpretation. In recent years we have had Merchants Fast Motorlines set out …
March 26, 2007
A state district court has affirmed an order by the Texas insurance commissioner to make Allstate Texas Lloyds reduce homeowners insurance rates by 5 percent and refund policyholders more than $56 million, the Texas Depart-ment of Insurance said March 13. …
March 26, 2007
Lawsuit reform bills advance in Okla. Senate The Oklahoma Senate recently passed three key lawsuit reform measures, according to a Senate announcement. Senate Republican leaders said they are negotiating with Senate Democrats and leaders of the House of Representatives to …
March 26, 2007
My New Markets Wedding Insurance Nuts & Bolts: Travelers launched Wedding Protector Plan, which covers with no deductible a variety of unfortunate occurrences associated with a wedding event. For example, coverage is provided if a hurricane causes the necessary and …
March 26, 2007
The “Party 101: Consequences” development team involved teens in the creation, production and taping of the program. News Currents With Texas leading the nation in alcohol related deaths among young people, the Texas PTA and the Independent Insurance Agents of …