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

NationAir Now Aviation Insurance Provider for Parade of Pistons

Chicago-based NationAir Aviation Insurance recently announced that it has joined with Parade of Pistons as the expo’s exclusive aviation insurance partner. Parade of Pistons is a series of regional aircraft expos designed to help the piston aircraft consumer shop for …

Wash. House OKs Flood Aid

Washington’s House has unanimously approved millions in flood-prevention projects in the Chehalis River basin. The measure appropriates $50 million for the state and local share of a major flood project, including levees to protect Interstate 5 in Lewis County. Up …

W. Va. Senate Restores 1% Insurance Policy Tax to Help Towns

The West Virginia Senate has agreed to help cities and towns with their police and firefighter pension funds, partly by reversing a recent tax break on consumer insurance costs. The state would restore a 1 percent surcharge on most policies, …

EEOC Sues Ore.-Based Fred Meyer Retail Chain

The U.S. Equal Employment Opportunity Commission has filed a sexual harassment and retaliation lawsuit against the Fred Meyer retail chain, alleging improper management practices at its Oregon City, Ore., store. Cincinnati-based Kroger Co. is the parent of Fred Meyer. The …

Consumer Groups: Mass. Auto System Unfair to Many Good Drivers

The new managed competition auto insurance system being implemented in Massachusetts rewards many bad drivers and penalizes many good drivers based on certain supposedly-prohibited social factors, according to the latest charges by critics. Many good drivers will pay more and …

Ohio Casualty Offers New Personal Lines Technology Products for Agents

Ohio Casualty, a Liberty Mutual Agency Markets regional company, recently announced the introduction of its new personal lines product offering in Ohio, including enhanced rating capabilities via Personal IQ, the company’s new, web-based interface application for quoting and policy issuance. …

Maryland May Relieve High Risk Drivers of Premium Financing Cost

State lawmakers are considering a bill that would allow the Maryland Automobile Insurance Fund, the insurer of last resort for many motorists, to accept installment payments like private companies. Advocates say the proposal could save the average MAIF customer up …

Boston Extends Deadline for 57 Nightclubs to Install Sprinklers

Dozens of bars and nightclubs in Boston are being given more time to comply with state regulations requiring fire sprinklers. The fire department had warned owners of these establishments in November that if they did not install sprinklers within two …

N.H. Fire Marshal Warns on Recalled Gas Heaters

New Hampshire’s fire marshal is drawing attention to a recall of several models of direct vent wall furnaces that are commonly used in vacation homes, cottages and one-room additions. William Degnan says the heaters, made by Rinnai America Corp. of …

Best Holds Stable Reinsurance Outlook

A.M. Best Co. has issued an analysis of the global reinsurance sector, indicating that it will maintain an overall “stable outlook” for 2008 for the second consecutive year. “The affirmation of the sector’s outlook reflects generally strong balance sheets, continued …