Monthly Archives: <span>January 2008</span>

Okla. Lawmakers Return Donations Linked to Convicted Former Commissioner

Three Oklahoma state representatives, all Republicans, say they are returning campaign contributions given to them by the son of a man linked to convicted former state Insurance Commissioner Carroll Fisher. Reps. Jeff Hickman and Earl Sears say they’re both returning …

It Figures

$1.3 Million Arkansas will receive $1.3 million out of the $72 million in funds and assets of Martin Frankel recently seized by the Internal Revenue Service and the Federal Bureau of Investigation. Frankel was sent to prison for insurance fraud …

Employers Should Evaluate Testing Procedures to Eliminate Bias

Department to accept next round of applications Feb. 4 through Mar. 3 Employers often use test and other selection procedures to screen applicants when hiring and evaluating employees for promotion. In fact, there has been an increase in employment testing …

5 Carriers Receive $29 Million in La. Incentive Grants

Department to accept next round of applications Feb. 4 through Mar. 3 At a Jan. 11 press conference, Louisiana Commissioner of Insurance Jim Donelon and then-Gov. Kathleen Babineaux Blanco handed out $29 million in grants to five insurance companies who …

La.’s Valued Policy Law: New Teeth for Hurricane Claims?

Property damage from hurricanes primarily comes from two sources: wind and water. Insurance coverage for property damaged by wind, and by rain water which enters the property as a result of wind damage, is generally provided through homeowner and business …

New Markets

The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Gas Utilities Distribution Nuts & Bolts: London American Risk Specialists Inc. is offering all lines …

Okla. Bill Would Put DUI, DWI on Licenses

Seeking to reduce drunk driving convictions and alcohol-related traffic fatalities Oklahoma State Rep. Scott Inman, D-Del City, has filed a measure aimed that would require previous DUI or DWI convictions to be noted on drivers’ licenses. The bill would mandate …

State Farm Wants Proof of Residency or Rebuilding in La.

State Farm warned in early January that it will cancel homeowner policies for about 6,000 of its customers in south Louisiana if they aren’t able to demonstrate that their storm-damaged homes are occupied and are being rebuilt. “Our goal is …

Declarations

Severe Impact “There’s a lot of scrap metal in the trees and fence lines, a lot of insulation, lumber. … The path of the tornado was several miles long and impacted a number of different areas where there were houses. …

Continuing Education Serves a Positive Purpose

Continuing education is a fact of life for all agents and brokers. Because states require CE credits, it translates into the reality of a continuous, and often repetitive, obligation — a career-long commitment of time and attention for as long …