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

2004 Reforms Slow Tennessee Workers’ Comp Costs, Study Finds

Tennessee experienced a moderation in average workers’ compensation costs per claim among 14 study states, after two consecutive years of rapid cost growth and in the wake of reforms enacted in 2004, according to a Workers Compensation Research Institute study. …

Hanover Enhances Towing, Rental Car, Other Personal Lines Benefits

The Hanover Insurance Group, Inc. is offering enhancements to its automobile and homeowners policies for towing, labor, and rental cars as well as waived deductibles and guaranteed policy renewals. The new personal insurance benefits — called Ultimate Service and Total …

How to Locate Car Insurance Leads

To most people, driving a car is something that they take for granted. Additionally, the same thing holds true with their car insurance policy. On the other side of things, car insurance agents are not nearly as laid back when …

Venture Names Shaffer, VP of National Sales & Marketing

Venture Insurance Programs, based in West Chester, Pa., named James M. Shaffer as vice president of sales and marketing. In this position, Shaffer will oversee all Venture sales and marketing efforts across all the company’s programs, maintaining and developing strategic …

Tornado Strikes Northern Colorado

A large tornado struck Northern Colorado on May 22, 2008, striking several areas in the town of Windsor, which is about 80 miles north of Denver. Initial reports indicate one person was killed, but there were no official figures on …

Mass. Approves Mapfre Acquisition of Commerce Insurance

Massachusetts Commissioner of Insurance Nonnie S. Burnes has approved the acquisition of Commerce Insurance Co., principal subsidiary of The Commerce Group of Webster, Mass., by the Spanish insurance company Mapfre, S.A. The approval will allow Mapfre, one of the largest …

Texas Review Board Says Insurance Department Works, Offers Changes

Staff of the Texas Sunset Advisory Commission says the Texas Department of Insurance functions well but that the state’s “overall approach to insurance regulation,” may need tweaking. State agencies in Texas are subject to review by the Sunset board every …

Washington Drivers Challenged to Drive Nice for a Day

Washington Gov. Gregoire pronounced May 22 2008, Drive Nice Day throughout the state, challenging drivers to make a conscious effort to drive nice and help make it a collision-free day. Drive Nice Day, founded by SWERVE Driver Training, kicked off …

RMS Becomes Partner in Climate Change Initiative

Newark, Calif.-based Risk Management Solutions (RMS) has become a partner in the Resilient Coasts Initiative, a collaboration led by Ceres and the Heinz Center. RMS will contribute technical expertise on climate-driven catastrophe risk and adaptation modeling. The Resilient Coasts Initiative …

Vermont Diocese to Appeal $8.7 Million Sex Abuse Verdict

Vermont’s top Roman Catholic clergyman has written to parishioners around the state, apologizing to the victim in a priest sex abuse case but saying the church will appeal last week’s $8.7 million verdict against the Diocese of Burlington. ‘I first …