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

Warning: Scammers using Maine insurer’s name

The Maine Bureau of Insurance is advising consumers to beware of an illegal sweepstakes scam targeting MMG Insurance Co., a Maine domestic workers’ compensation insurer located in Presque Isle. Officials at MMG notified acting Superintendent Eric Cioppa that individuals across …

Violent and property crime down in Northeast, reports FBI

Violent crime increased 1.3 percent in 2006 when compared with data from 2005. However, property crime decreased 2.9 percent for the same time period, according to the FBI. Violent crime was up, except in the Northeast. Motor vehicle thefts went …

News Currents

R.I. House members forward coastal measures The leaders of a special Rhode Island House commission studying the effects of natural disasters on property insurance costs have introduced legislation they say is aimed at protecting coastal homeowners from “unreasonable” rate hikes …

N.Y. vows to revamp regulation to remain financial capital

New York Gov. Eliot Spitzer has created a commission to identify ways for New York to enhance its status as a world financial capital by modernizing its regulatory scheme and perhaps merging state regulation of insurance, banking and securities. “The …

MarshMac blasts N.Y. Post over ad photography criticism

Marsh & McLennan Companies has vigorously defended its use of photographs in a recent ad campaign against the suggestion in a New York newspaper article that they contain images of the Twin Towers of the World Trade Center. The risk …

My New Markets

Privacy Protection Nuts & Bolts: ELM Insurance is offering privacy protection insurance that includes coverage for: electronic and non-electronic security events including phishing, social engineering and physical theft. Sub-limited coverage for 1798* security breach, breach of statute including the Health …

Storms of 2007

The National Hurricane Center has identified the names that will be used during 2007 to designate storms. Names of storms that are particularly destructive or deadly are retired and replaced. Names beginning with the letters Q, U, X, Y and …

10 N.Y. business protest ‘scaffold law’ as session nears end

Coalition urges Gov. Spitzer, lawmakers to end strict liability now 10 Maine insurer caught up in nationwide scam Scammers have latched onto an insurer’s name and logo – without permission 10 Storms of 2007 From Andrea to Wendy – the …

Figures

1.4 The intensity of the earthquake that surprised residents of seacoast New Hampshire at 10:30 p.m. on June 2. The quake was centered about a mile and a half north of Exeter, N.H. There were no reports of injuries from …

How to avoid common producer sales management mistakes

There is more to working with producers than just paying and praying. It also takes continuous in-office supervision. Some agencies are fortunate enough to have the time and talent to coach their sales staffs. Regretfully, most shops can’t afford dedicated …