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

Survey: Program Market to Remain Vibrant in 2008

The program market continues to grow and will continue to grow in 2008, as insurance companies focus on core concerns of new business production, premium writing and rate profitability, according to a new industry survey by Guy Carpenter &Co. However, …

Massachusetts Agents’ Key Software Vendor Weathers Major Upheaval

No tool is more indispensable to an insurance agency than a computer; after all, it’s where the rates come from. So imagine what went through the heads of thousands of Massachusetts independent insurance agents after they learned the state’s top …

Bank: N.H. Hannaford Customers’ Cards Compromised

TD Banknorth says it has notified New Hampshire customers that their Visa debit or credit cards have been compromised, most likely because of the Hannaford Brothers Supermarkets security breach. Bank spokeswoman Jennifer Carlson says the bank noticed the fraud cases. …

New Hampshire Prison Guards Awarded Nearly $2M

A New Hampshire jury awarded nearly $2 million to two prison guards who sued their co-workers at the state prison for misrepresenting their roles in a confrontation with an inmate that led to their firing in 2005. The Merrimack County …

North Carolina Gov. Declares Disaster in Bertie and Onslow Counties

Gov. Mike Easley declared Bertie and Onslow Counties state disaster areas, making residents and businesses in those counties eligible for state disaster assistance to help with repairs from the storms and tornadoes that hit the state on May 11. Easley …

13 Kentucky Counties Designated for Disaster Public Assistance

The Federal Emergency Management Agency designated disaster assistance for 13 Kentucky counties to help local governments rebuild public property damaged by the April 3-4 severe storms, tornadoes, and flooding in the commonwealth. Officials approved the assistance following a review of …

Sample Joins Mississippi Insurance Department as Investigator

Octavius Sample has joined the Mississippi Insurance Department as an investigator, according to Commissioner of Insurance Mike Chaney. Sample is a 10-year veteran of the Clinton Police Department. He will work with John Hornback, head of the Investigative Division. The …

Pompa Promoted in McClellan and Hine’s Dallas Office

Insurance wholesaler McClelland and Hine promoted Cynthia Pompa to marketing representative for the firm’s Dallas branch office. Pompa has been with the company since 2006 as an underwriter and has 13 years’ experience in the industry. McClelland and Hine, a …

Louisiana House OKs Car Insurance Hike

Louisiana should raise the minimum level of required automobile insurance, the House of Representatives voted on May 19, an increase that would mean higher insurance costs for over 1 million motorists. Supporters of increasing the insurance minimum said the state’s …

Florida Office of Insurance Regulation Offers Rate Filing Seminar

The Florida Office of Insurance Regulation has scheduled a symposium to instruct insurance company representatives to make rate filings more accurate and complete and in compliance with Florida law. The information session will take place at the Rosen Centre Hotel …