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

California Fire Season Likely to Get Worse

Following nearly 8,000 lightning strikes that set more than 800 wildfires across Northern California, a meterologist is predicting much worse conditions throughout the rest of the fire season. “This doesn’t bode well for the fire season,” said Ken Clark, a …

Wyoming County Requiring Event with Alcohol To Have $1M in Insurance

Anyone serving or selling alcohol on property owned by Carbon County, Wyo., had better have $1 million in liability coverage. County commissioners say the purpose of requiring liability insurance is to shield the county government from any lawsuits that could …

Arrowhead General Insurance Names Kingsley President of Commercial Programs

Arrowhead General Insurance Agency Inc. has named Robert Kingsley president of commercial programs. He will be responsible for the commercial auto, specialty contractor, public transportation and surety underwriting, customer service and operations departments. He also manages current and new carrier …

Insurance Companies Help Arizona Teen Drivers Prepare for License Requirements

Auto insurance companies are supporting parents and teens with driving safety programs as the Arizona Teen Driver Safety Act goes into effect July 1. With the new law, teen driversin the state will have new requirements to meet before they …

Professional Insurance Agents of Washington/Alaska Name New Officers, Directors, Award Winners

The Professional Insurance Agents of Washington/Alaska (PIA) recently elected a new president and board of directors, and recognized award winners at its 42nd Annual Conference and Trade Show. Mark Balcos of Balcos Insurance is president. Other officers include: President Elect …

North Carolina Senate Approves Motorist Liability Coverage Measures

A North Carolina bill passed through the Senate Commerce Committee on June 24 that would require insurers to notify consumers of their choice to buy more than the required minimum uninsured motorist and underinsured motorist coverage. The minimum amounts required …

Mercury Insurance To Pay $250,000 in California Claims Handling Settlement

California Insurance Commissioner Steve Poizner announced that Mercury Insurance Group will pay a $250,000 settlement for alleged claims handling violations. “I’m pleased that Mercury has agreed to this settlement, which demonstrates that claims handling violations will not be tolerated in …

Wisconsin Re-evaluates Current Flood Standards

Wisconsin officials are re-evaluating whether infrastructure is being built and maintained to strict enough standards to handle severe weather. Engineering professor Ken Potter of the University of Wisconsin-Madison says some design standards reflect rainfall data that’s 40 years old. But …

Minnesota Official: Money Didn’t Affect Bridge Problem

A top Minnesota highway manager insisted on June 23 that money woes didn’t compromise bridge safety, responding to a harsh assessment of the maintenance of the interstate bridge that collapsed last summer, killing 13 people. In a 12-page letter delivered …

University of Alabama Insurance Professor Receives Bickley Award

William H. Rabel, professor of insurance & financial services at The University of Alabama, won the 2008 John Bickley Innovation and Creativity Award. Rabel led a team of professors that developed the new actuarial science program at the university. A …