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

La. Senator Pleads Not Guilty in Illegal Insurance Business Case

A Louisiana state senator pleaded not guilty to charges of helping a convicted felon launder money to conceal her operation of an illegal insurance business. Sen. Derrick Shepherd, 38, a lawyer from a New Orleans suburb, made his first court …

Earthquake Raises Questions about Coverage, Construction Codes

Two weeks after a 5.2 level earthquake rocked the Midwest from Cairo to Atlanta, geologists and the industry are still discussing the impact of the quake–such as increases in the purchase of earthquake insurance. Earthquake endorsement State Farm insurance spokeswoman …

Court Upholds Florida Lobby Law

A Florida law that bans lobbyist gifts to state legislators and requires that lobbyists disclose who pays them and how much, is not unconstitutionally vague or overbroad, a federal appeals court said. A three-judge panel of the 11th U.S. Circuit …

Mississippi Attorney Wants Hurricane Katrina Litigator Sanctioned

An attorney wants sanctions against Mississippi tort lawyer Richard “Dickie” Scruggs over alleged misconduct in a legal battle over millions of dollars in attorneys fees. Investigators have been looking into allegations that Scruggs improperly influenced Hinds County Circuit Judge Bobby …

South Carolina Gov. Names Public Safety Director

South Carolina Gov. Mark Sanford nominated State Law Enforcement Division Chief of Staff Mark Keel to become the director of the state Department of Public Safety. Prior to becoming chief of staff, Keel, 50, was captain in charge of tactical …

Earthquakes Shake Reno, Nevada

Two moderate earthquakes shook the Mogul-Somerset area just west of Reno, Nev., on April 24, 2008, according to the Nevada Seismological Laboratory. While there were no immediate reports of damage, the Laboratory predicts aftershocks will continue to be felt for …

Oregon Proposes Fingerprinting Rule

Oregon’s Department of Consumer and Business Services has proposed adopting rules that would require fingerprints of a person applying for issuance or renewal of a license as an insurance producer, insurance consultant, adjuster, life settlement provider or life settlement broker, …

Hogan Insurance Services Opens Office in Nevada

Hogan Insurance Services Inc. of Thousand Oaks, Calif., has expanded to Nevada with the opening of a new office in Henderson. Donna Ferguson will lead Hogan’s expansion in Nevada. Ferguson has more than 30 years of industry experience, having managed …

California Court Denies Allstate’s Request to Avoid $250 Million Rate Reduction

A San Francisco judge has refused Allstate’s request to block a 15.9 percent automobile insurance rate decrease. According to the California Department of Insurance, the rate decrease should take effect immediately, and will result in approximately $250 million in savings …

Faber Joins M.J. Hall in Arizona

M.J. Hall and Co. Inc. has announced that Christine Faber has joined the company’s Arizona branch to work on managing general agent and brokerage business. Faber comes to MJ Hall with seven years industry experience working in underwriting and sales.