June 4, 2007
Cadence, Strategic Independent Agents Alliance Cadence Insurance Services of Colorado Springs, Colo., became a member of the Strategic Independent Agents Alliance, a network of independent insurance agencies. Cadence Insurance Services joined the ICA Agency Alliance Master Agency network in Colorado …
June 4, 2007
The insurance industry recently has been facing criticism from consumer groups for asking its policyholders to take a more proactive approach to reducing fire risks. Some say fire inspections are unnecessary and last minute, especially when they see public insurance …
June 4, 2007
Washington Insurance Fair Conduct Act becomes law Insurance industry associations are criticizing Washington Gov. Chris Gregoire for signing into law the Insurance Fair Conduct Act, a measure they say will raise insurance costs. The law, which will take effect on …
June 4, 2007
Flooding caused by hurricanes and tropical storms can wreak havoc along the Eastern Seaboard and Gulf Coast from June through November. However, that flood risk is not limited to summer and fall months alone, nor to just the East Coast …
June 4, 2007
Calif. permanent disability cuts ruled invalid A Workers Compensation Appeals Board judge has invalidated California’s rating schedule that cut injured workers’ permanent disability compensation. According to the California Applicant Attorneys Association, Judge Jacqueline Duncan ruled in Scott Boughner vs. Comp …
June 4, 2007
Critics: Wyoming medical review panels aren’t lowering premiums Critics of panels that review medical malpractice cases in Wyoming say the oversight has not lowered the cost of medical malpractice insurance. Voters in 2004 amended the state constitution to allow the …
June 4, 2007
Judges and an insurance trade association stated that they’re opposed to a bill that would restrict Nevada judges’ ability to seal court records, raising questions about its lack of privacy protections. Chief Clark County District Judge Kathy Hardcastle told the …
June 4, 2007
Texas Attorney General Greg Abbott says Ohio-based CNG Financial Corporation and subsidiaries Check ‘n Go of Texas Inc. and Southwestern & Pacific Specialty Finance Inc. have been systematically exposing their customers to the risk of identity theft. The AG’s office …
June 4, 2007
Louisiana regulators in late May approved property insurance rate hikes of 16 percent to 51 percent for three small companies, with larger increases for homeowners along the coast. The Louisiana Insurance Rating Commission on May 24, 2007, approved a 16 …
June 4, 2007
La. sees rate decreases in workers’ comp filings Workers’ compensation insurance rates are decreasing in Louisiana, according to Commissioner of Insurance Jim Donelon. Donelon attributes the positive change to a significant drop in loss costs for insurers. According to the …