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

Okla. Bill Aims to Ban Texting, Cell Phone Use by Teens While Driving

Oklahoma House Democratic Leader Danny Morgan has filed legislation that would make it illegal for teenagers to use cell phones or text while driving. In announcing his bill, Morgan, D-Prague, said he believes the measure, House Bill 2964, would provide …

Texas Updates Online Workers’ Comp Proof of Coverage Information

The Texas Department of Insurance, Division of Workers’ Compensation (TDI-DWC) has updated its employer proof of coverage information available through the agency Web site. The coverage database will now be refreshed daily to reflect changes in workers’ compensation coverage for …

Texas Windstorm Issues Focus of Public Hearing Jan. 29

The Texas Department of Insurance will hold a public hearing on Jan. 29 to consider proposals by the Texas Windstorm Insurance Association that concern both residential and commercial properties. TWIA is requesting approval of a new endorsement for its dwelling …

La.’s First Premium Insurance Adds Williams as Asst. Underwriter

Louisiana-based regional property and casualty insurance broker First Premium Insurance Group Inc. announced the addition of Kellie Williams to its Commercial Department as assistant underwriter. Williams has 16 years of experience in the insurance industry. She is licensed in property …

Mississippi Official Says Criminal Probe of State Farm has New Focus

Mississippi Attorney General Jim Hood says his office opened a new criminal investigation of State Farm Insurance Cos. that is separate from its earlier probe of the insurer’s “crimes against policyholders” after Hurricane Katrina. Bloomington, Ill.-based State Farm is suing …

Democrats Blast FDA Labeling Rule as Product Liability Shield for Drug Makers

The Bush administration wants to limit the situations where drug companies can change warning labels when they know of unsafe conditions without waiting for government approval. But Democrats charge that the recent proposal from the Food and Drug Administration (FDA) …

Mich. Stryker to Recall Hip Surgery Product after Warning from Feds

Medical device maker Stryker Corp. announced earlier this week that it will voluntarily recall certain hip surgery products, a week after it received a warning from regulators. The company is recalling Trident PSL and Hemispherical Acetabular Cups that were made …

Shares in US Bond Insurers Rise on Bailout Hopes

Shares of bond insurers rose sharply Thursday on hopes the sector could receive support from a possible bailout orchestrated by New York insurance regulators. Shares of Ambac Financial Group Inc. rose $1.49 (euro1.02), or 10.9 percent, to $15.19 (euro10.36) in …

Ind. Governor Seeks Federal Disaster Aid for Flooded Counties

Governor Mitch Daniels is requesting federal assistance for people affected by flooding earlier this month in northern Indiana. Daniels declared a disaster emergency in the area on Wednesday and sent a letter to President Bush asking for federal aid. Three …

Brown & Brown Acquire Diversified Insurance Brokerage of Ind.

J. Scott Penny, regional executive vice president of Brown & Brown, Inc. and Kevin Mandrell and William Lantrip, principals of Diversified Insurance Brokerage Group, Inc. of Indianapolis, Ind. recently announced the asset acquisition of Diversified Insurance Brokerage Group, Inc. by …