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

China’s CNinsure Forms Two New Agencies

China’s CNinsure Inc. announced the signing of definitive agreements with several individual entrepreneurial agents to jointly establish Jiangsu Fanhua Lianchuang Insurance Agency Co. Ltd. (‘Lianchuang’) and Jilin Fanhua Xincheng Insurance Agency Co. Ltd. (‘Xincheng’), which will expand its market presence …

Wisconsin Avoids Upper Midwest Storms that Hit Iowa, Minnesota

Wisconsin emergency-management officials breathed a sigh of relief on May 25 as a series of storms that caused death and destruction in two neighboring states left Wisconsin with only minor damage. The series of thunderstorms left at least seven people …

Swingle Says He’s Benefited From Service to Texas Agents’ Group

For outgoing Independent Insurance Agents of Texas President Frank Swingle, serving on the board of the agents’ organization for the past six years has “been tremendously fun and beneficial.” And he plans to keep active in the association even after …

Kimball Elected President of Central Texas Chapter of CPCU

The Central Texas Chapter of the CPCU Society (Chartered Property Casualty Underwriters) has elected officers for 2008-2009. Newly elected chapter officers are: President Kim Kimball, Underwriting Support Services supervisor at State Farm Insurance; President-Elect Michelle Kologinczak, Leadership Development associate at …

State Regulators Call for More Study of Credit Scoring Use in Insurance

State regulators recently told Congress that more study of the use of credit scoring by insurance companies is needed to determine if the practice is unfairly discriminatory. “As state regulators, it is our sincere desire that the federal government assist, …

Hurricane Season Begins June 1; Will Odds be in Texas’ Favor?

With hurricane season beginning June 1, Texans may be able to hold on to the hope that the odds are stacked for them. If historical experience for the past two decades holds true, Texas won’t see a hurricane hit its …

Illinois Mother Settles Malpractice Lawsuit for $15.35 Million

An Aurora, Ill. mother has settled a malpractice lawsuit for $15.35 million with a hospital and doctor after her son suffered brain damage at birth six years ago. Vanessa Jenkins gave birth to her son, Cody Smithey, at Valley West …

Miss. Approves 2.9% State Farm Auto Insurance Rate Cut

In less than 30 days, a number of Mississippi automobile insurance policyholders could see a premium rate reduction of up to an average of 2.9 percent as the result of a rate filing approved by Commissioner of Insurance Mike Chaney. …

New York Senate Bill Bans Texting While Driving

The New York Senate has passed legislation that would prohibit drivers from reading, writing or sending text messages while driving in the Empire State. The law modifies earlier legislation that bans cell phone use while driving, and creates a $100 …

Miss. Supreme Court to Hear Doctor’s Appeal of Malpractice Ruling

The Mississippi Supreme Court has agreed to hear the appeal of a Meridian doctor and clinic, who were sued by a woman who complained that postoperative care after her hip replacement was substandard. A Lauderdale County judge dismissed Harriet Cantrell’s …