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

Arizona Passes Captive Insurance Legislation

The Arizona Legislature has passed a bill designed to allow captive insurers to cover employment practices liability risk and remove the requirement that at least one incorporator be a resident of the state. Captive insurance is a form of self-insurance, …

Arizona Captive Insurance Association Names Directors

Members of Arizona Captive Insurance Association (AzCIA) have elected two new directors to the 2008-09 Board of Directors. The new directors include Brent Hill, vice president at Hill Insurance Services, and Peter Joy, executive vice president of Aon Insurance Managers …

Chicago Company Recalls Meat for E. Coli Concerns

Federal officials say a Chicago-based company is recalling beef products distributed in 11 states because of possible E. coli contamination. The U.S. Department of Agriculture said on Saturday, May 17th that no illnesses have been reported from the meat, produced …

Union General Offers Adult Day Care Center Coverage

Union General has an “A+” rated carrier offering coverage for all types of basic daily care facilities for the elderly. The market also includes physical/sexual abuse coverage. Professional liability and personal and advertising injury are included, as well as employees …

Update: Alabama Governor to Sign Bill Raising Auto Insurance Requirements

Some Alabama motorists may need to buy more auto liability insurance in a few months. Gov. Bob Riley said he intends to sign legislation raising Alabama’s minimum insurance requirements for the first time in 25 years. The Legislature approved a …

Mississippi Lawyer Ordered to Release Records to State Farm

A federal judge has ordered Mississippi attorney Richard “Dickie” Scruggs to turn over policyholder records to State Farm Fire and Casualty Co. within 15 days. Bloomington, Ill.-based State Farm is entitled to records two former adjusters took and gave to …

Charleston Mayor Blames Firefighter Deaths on Store Owner

The Charleston, S.C. mayor is blaming the owner of a furniture store for the deaths of nine city firefighters, saying illegal additions to the building turned a small trash fire into a raging inferno. Mayor Joe Riley’s comments to The …

Markel American Offers Manufactured Home Program in Indiana

Markel American Insurance Company recently announced the release of their Manufactured Home Program in Indiana. The program is exclusively represented by Bolton & Company, a managing general agent with more than 40 years of experience in manufactured home insurance. Bolton …

Michigan Nixes Rate Hike Request from Insurer of Last Resort

Michigan’s Office of Financial and Insurance Regulation (OFIR) Commissioner Ken Ross recently issued an order disapproving a rate filing for Michigan Basic Property and Insurance Association (Michigan Basic), the insurer of last resort for homeowners’ insurance in Michigan. If approved, …

Take the Guess Work out of Cold Calling, Buy Leads

Are you sick and tired of the guess work that goes along with cold calling? As an insurance agent, you are probably all too familiar with the cold calling process. Luckily, there is a great alternative that has saved tens …