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

La.’s Donelon Forges Settlement with Allstate over Cancelled Policies

Louisiana Commissioner of Insurance Jim Donelon announced that he has reached a favorable settlement for the 4,772 Allstate policyholders in four south Louisiana parishes whose homeowners insurance was cancelled as part of the company’s flawed home inspection process. The cancellations …

European Insurance Forum Puts Ireland in the Spotlight

18 years ago an Irish insurance conference probably would have consisted of a broker and an underwriter from Dublin having a pint of Guinness in a pub (most likely in London). Times have changed. Since the founding of the Dublin …

Major Recall of Pet Food Has Animal Owners Frantic

Silviene Grzybowski became worried when her local pet store pulled the food she normally feeds her cat and posted an announcement saying it, and many other popular pet foods, had been recalled. Her cat, Smokey, hadn’t been eating for days. …

Kansas State New Lab on Front Lines of Biosecurity

Randy Phebus, food microbiologist and professor of food safety and security at Kansas State University, didn’t get much of a response when he first proposed the idea of a new lab that would aim to protect the nation’s food supply. …

Washington Appoints Advisory Board for Fraud Unit

Washington Insurance Commissioner Mike Kreidler has appointed a special advisory board to monitor the effectiveness of the agency’s newly launched fraud unit. Earlier this year, the agency’s eight-member Special Investigations Unit began operations following the 2006 Legislature’s establishment of a …

New Mexico Passes Regulatory Modernization Bill

The New Mexico legislature has passed a bill that would establish a file and use rate regulatory system for most personal lines of insurance. The Insurance Rate Regulation Law, SB 483, applies to all kinds and lines of direct insurance …

House Committee Approves Agricultural Disaster Funds

A House committee approved almost $4 billion in agricultural disaster aid late last week, a first step for the controversial legislation. The money is included as part of a war spending bill that would require withdrawal of U.S. troops from …

Calif. Jury Returns Asbestos Verdict of More Than $868,000

A San Francisco jury has ruled in favor of the family of a drywall taper in a products liability case against a former manufacturer and supplier of asbestos-containing joint compound, spray texture and acoustical ceiling spray. The jury determined that …

Allstate Insurance To Open Claims Center in Cheyenne

Allstate Insurance Co. said it intends to open a new claims center in Cheyenne, Wyo., that will bring at least 200 jobs to the city. The company plans to open an Allstate Express call center in the former Trilegiant building …

Miss. Commissioner: State Farm to Reopen Katrina Claims

Mississippi Insurance Commissioner George Dale said he has convinced State Farm to reopen and readjust all Hurricane Katrina claims in the Mississippi coastal counties upon request of policyholders. He said State Farm has agreed and informed him that it intends …