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

Jessica M. Frankovich

Indiana Insurance, a Liberty Mutual Agency Markets regional company, appointed Jessica M. Frankovich as Inland Marine underwriting manager. Frankovich will be based in Indiana Insurance’s Illinois regional office and will manage and grow the company’s Inland Marine book of business. …

America’s Safest Drivers Travel the Roads in America’s Heartland

Residents in Sioux Falls, S.D., continued to top the chart as the safest drivers in the U.S., according to the fourth annual Allstate America’s Best Drivers Report. The average driver in Sioux Falls experiences an auto collision every 14.6 years. …

Pennsylvania Halts Excess Home Insurance by Lenders

Pennsylvania homeowners may be entitled to a reduction in their homeowners’ insurance premiums, thanks to The Mortgage Property Insurance Coverage Act signed by Gov. Ed Rendell. The law, which was spurred by the Insurance Agents & Brokers, prohibits mortgage lenders …

N.Y. Court Holds Up Assessments for Failed Workers’ Comp Trusts

The New York Workers’ Compensation Board must do a better job of justifying a significant assessment against employer groups in the state that self-insure for workers’ compensation claims, a Supreme Court judge in Albany has ruled. That decision stems from …

R.I. Court Backs Drunk Driving Law

The Rhode Island high court has backed a 2006 law that applies harsher penalties to drivers who refuse to take a Breathalyzer test. The law doubled the minimum license suspension for those who refused the test to six months, and …

Mass. LLJUA Becomes Competitive Hospitality Mutual

Massachusetts lawmakers have approved legislation converting the state’s liquor liability insurer of last resort into a competitive mutual insurance company offering liquor liability insurance to the entire hospitality industry. The Liquor Liability Joint Underwriting Association of Massachusetts (LLJUA) said it …

People

Ruby Chan has joined the Needham, Mass.-based Provider Insurance Co. as director of Internet marketing. Chan has worked for Hewlett Packard and was one of the founding members of the Alta Vista search engine. She moved on to Staples.com launch …

Drivers with Serious Violations Allowed on Mass. Roads

Delays in the processing of criminal traffic violations have allowed a large number of serious violators to remain on the road in Massachusetts after their licenses should have been suspended or revoked. According to State Auditor Joe DeNucci, who audited …

Figures

$8.5 Million Amount of settlement reached with five insurers for the Roman Catholic Diocese of Springfield, Mass. to pay claims filed by people who were sexually abused by priests. About $3.5 million will be used to pay back the diocese …

Editor’s Note: The Debate Continues

If there are to be rules, let them apply to everyone equally. Agents, brokers and carriers across the nation are following the debate over whether contingent commissions should be permitted and how much compensation information should be disclosed to clients. …