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

Bills Filed in Okla. to Reduce Smoking, Protect Minors From Smoke

Oklahoma legislators seem to have smoking on their minds. Recently filed bills aimed at smoking issues would require the sales of “fire safe” cigarettes, require insurance companies to provide coverage for smoking cessation programs, and make it illegal to smoke …

Texas AG Gives Conditional Approval to Enhanced Driver’s Licenses

Attorney General Greg Abbott has given conditional approval to a state plan to create driver’s licenses that store citizenship information for faster and easier border crossings. Abbott’s ruling said the program would be consistent with federal law as long as …

New York Insurance Ad Rules Make for Longer Phone Books

New York agents looking to spruce up their advertisements better pay attention to the list of insurers they represent. And their insurers’ addresses. That’s because any agent or broker that lists in advertising the companies it represents must also include …

Ohio Med Mal Reports Says Drop in Claims Attributed to Reform Efforts

A new report released this week by the Ohio Department of Insurance says the number of medical malpractice claims in the state dropped 20 percent from 2005 to 2006. The report says there were 4,006 medical malpractice claims reported for …

Fla. Insurance Regulator Files to Reinstate Allstate Suspension

The Florida Office of Insurance Regulation filed its response with the First District Court of Appeal seeking to have a suspension of the Allstate Companies’ certificates of authority reinstated. The 12-page response to a Jan. 18 order staying the suspension …

N.J. Clears Way for Private Choppers to Respond To Crashes

New rules clear the way for private helicopters to be first on the scene of major accidents in New Jersey. But it will cost patients and their insurance companies more. Previously, the companies could only respond if State Police helicopters …

Minn. Victim Fund Bill Raises Questions on Caps, Insurer Reimbursement

United in a desire to provide state money to victims of the Minneapolis bridge collapse, Minnesota lawmakers are split over whether to cap those awards at $400,000 or leave the check size to a neutral decisionmaker. Proposals aired Tuesday in …

Chartier to Head Safeco’s Marketing and Distribution

Safeco has named Kirk Chartier senior leader of Distribution and Strategy. The announcement was made here by Paula Reynolds, the company’s president and chief executive officer. At Safeco, Chartier will oversee the company’s marketing, as well as its distribution and …

Ward Group to Benchmark Insurers’ Finance Operations

Ward Group, a consulting firm specializing in the insurance industry, is kicking off a new benchmarking program for finance and related operations. Ward Group has applied its benchmarking methodology to analyze expenses and staffing levels for the finance function including …

Fitch: Alabama-Based Alfa Group’s Ratings Remain on Watch Negative

The expected reduction in policyholders’ surplus when Alfa Mutual Group follows through on its plan to privatize Alfa Corp. later this year caused Fitch Ratings to maintain its negative rating watch on the following ratings of Alfa Group: Alfa Corp.: …