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

Florida Farm Bureau to Attend Public Hearing after Rate Hike Request

In its rate filing of June 20, Florida Farm Bureau requested a statewide average increase of 28.4 percent for its homeowners line of business. The Florida Office of Insurance Regulation announced a public rate hearing to discuss the rate increase …

Watkins Promoted to Assistant VP in Colemont’s Chicago Office

Dallas-based Colemont Insurance Brokers promoted Andrea Watkins to assistant vice president in the company’s Chicago office. Watkins joined Colemont in 2004 as part of a casualty brokerage team. Previously, she spent two years as a marketing associate for a transportation …

Texas Verification Program Finds High Numbers of Uninsured Drivers

Texas troopers have stopped more than 5,000 vehicles in their testing phase of the state’s Auto Insurance Verification Program (TexasSure) and thus far, the program has worked flawlessly, the Insurance Council of Texas reported. Unfortunately, 25.5 percent of the vehicles …

Independent Insurance Agents of Georgia Elects New President

Independent Insurance Agents of Georgia elected Bryan Burke president of the association at its annual meeting on June 14. Burke is president of Blount, Burke, Wimberly & Hendricks Insurors in Statesboro, Ga. He has served on IIAG’s Board of Directors …

Federal Investigations Continue in Mississippi Jobsite Cave-ins

The Occupational Safety and Health Administration in Mississippi is continuing investigations into two separate jobsite cave-ins in March that led to the deaths of four workers. Both cave-ins require up to six months to investigate, said Clyde Payne, Mississippi OSHA …

Former West Virginia Doctor Faces more Legal Challenges

John King, a former West Virginia osteopathic surgeon named in dozens of malpractice lawsuits, faces two more legal challenges. King, who now lives in Alabama, is scheduled to be in court July 30 following a challenge to his bankruptcy petition …

Allstate Taps Florida Drivers in Action Against Distraction Program

Allstate representatives in Miami are hoping to make a teachable moment out of drivers’ dangerous habits. On July 28 the representatives asked teenagers to tally the number of distracted motorists they see. The training course is part of the insurance …

Pay-As-You-Drive Auto Insurance Coming to New Jersey

One auto insurance company is offering New Jersey motorists discounts of up to 60 percent if they install a high-tech monitoring device. The wireless devices will tell Progressive how many miles are driven, how fast people accelerate and hit the …

N.H. Calls on Insurers to Get More Claims Adjusters to Storm Victims

Last week’s severe tornadoes and thunderstorms in New Hampshire have prompted the state’s insurance chief to allow temporary emergency licensing of property/casualty claims adjusters to speed up recovery. Insurance Commissioner Roger Sevigny has also written to insurance companies urging them …

Hartford Insurance Results Dip in Q2 Due in Part to Tornado Claims

Hartford Financial Services Group Inc.’s earnings fell in the second quarter, hurt by claims from tornado damage. Operating earnings fell 9 percent to $696 million. Net income for the second quarter was down 13 percent to $543 million, from $627 …