Monthly Archives: <span>March 2009</span>

Insurer Offers Bluetooth Headset in Client Referral Offer

Western region auto insurer Capital Insurance Group (CIG) has launched a unique promotion to increase its client referral business. The company is offering drivers with CIG auto insurance a Bluetooth headset for free if they recommend a friend to the …

QualCorp Inc. Appoints Bobbins Assistant VP

QualCorp Inc. has promoted Susan Bobbins to assistant vice president. Bobbins began as assistant to the CEO and was promoted to senior project manager in 2004. She has more than 15 years of experience with major insurance companies.

Allstate Joins Personal Insurance Federation of California

The Board of Directors of the Personal Insurance Federation of California (PIFC) has voted unanimously to accept Allstate Insurance Co. as the newest member of PIFC. Allstate is the first new company to join PIFC in 15 years. Allstate joins …

California Insurers Association Warns Against Out-Of-Towner Accident Tax

The Association of California Insurance Companies is warning Californians about a trend in the state by local governments to impose taxes on out-of-towners who are in an auto accident. According to ACIC, because the tax does not regard whose fault …

Texas Insurer Group Takes Issue with NAIC Homeowner Report

The National Association of Insurance Commissioner recently issued its annual report on homeowners insurance. The report, based on figures from 2006, the latest year from which data is available, ranks Texas as having the highest homeowners rates in the nation. …

Willis Unit Launches Piracy Prevention, Management Coverage Plan

Willis announced that its London-based Special Contingency Risks Limited (SCR) unit, a division of Faber & Dumas, the third-party wholesale insurance broker, and Underwater Security Consultants Limited trading as Maritime & Underwater Security Consultants (MUSC), a leading maritime risks advisor, …

S&P Affirms State Farm Ratings, But Revises Outlook to Negative

Standard & Poor’s Ratings Services has affirmed its ‘AA’ counterparty credit and financial strength ratings on State Farm Mutual Automobile Insurance Co. and all of its core companies, including State Farm Life Insurance Co. But S&P also revised its outlook …

Legislation Seeking to Reduce Oklahoma’s Uninsured Passes House

A comprehensive plan to provide Oklahomans with increased access to affordable, quality health care and private insurance passed the state’s House of Representatives. House Bill 2026, by House Speaker Pro Tem Kris Steele, will, among other reforms, strengthen and promote …

S&P Downgrades Hartford and Subs; Negative Outlook Assigned

Standard & Poor’s Ratings Services has lowered its counterparty credit rating on Hartford Financial Services Group Inc. (HIG) to ‘BBB’ from ‘BBB+’ and its counterparty credit and financial strength ratings on all of HIG’s life (Hartford Life) and property/casualty (Hartford …

USAA Sues Austin Internet Company for Trademark Infringement

San Antonio-based USAA, a diversified financial services company and Texas’ largest domestic insurance provider, announced it has filed suit against USInsuranceOnline.com, accusing the company of purposely misleading consumers interested in purchasing USAA automobile insurance and redirecting them to other insurance …