March 13, 2007
Police sent to investigate a traffic accident found more than they expected – a small zoo. A kindergarten teacher known as the “Critter Lady” and her menagerie – including a boa constrictor, turtles, frogs, small mammals and a monster toad …
March 13, 2007
Catherine Hartman is familiar with the concrete barrier where a bus carrying a baseball team from a small Ohio college crashed last week. Five years ago, she and her husband were in an accident at the same spot after she …
March 13, 2007
The Oregon Occupational Safety and Health Division has proposed more than $15,000 in fines against ski operator Mt. Bachelor Inc., saying safety violations contributed to a chairlift-maintenance accident that injured four workers. Mt. Bachelor disagrees with some of the findings …
March 12, 2007
Fitch Ratings says it does not believe that individual (re)insurers’ financial or competitive positions will be materially altered under the National Association of Insurance Commissioners’ reinsurance task force’s proposal to revamp regulations governing reinsurers’ collateral requirements and cedants’ corresponding ability …
March 12, 2007
Technology expert Steve Anderson of The Anderson Network Inc., a licensed independent agent for the last 25 years, began his presentation to the Independent Insurance Agents of Texas conference in February by asking his audience to consider these key questions: …
March 12, 2007
I am not going to talk about regulation, not yet. I will soon but it will not be today — real soon. I cannot wait.” Thus Maurice “Hank” Greenberg — target of Eliot Spitzer, prosecutors, competitors and rumor mills — …
March 12, 2007
In the wake of the devastating January 2007 agricultural events, including the citrus freeze in California and the Colorado livestock blizzard, farmers and ranchers are looking for answers — hard answers dealing with their economic survival. In California alone, damage …
March 12, 2007
News Currents Insurance industry advocates urged Congress yet again to continue with a federal government role in terrorism risk insurance and to examine long-term solutions before the current backstop legislation, the Terrorism Risk Insurance Extension Act (TRIEA) of 2005, expires …
March 12, 2007
Incentive pay plans for agents that some insurers are implementing to replace discontinued contingency compensation could work out better for agents than the programs they are replacing. A handful of major carriers banned the use of contingent commissions at the …
March 12, 2007
It’s an age-old insurance question, whether talking property, casualty, auto or professional liability. As a buyer, how much coverage can you afford to live without in order to get the premium number that fits nicely into your personal or business …