April 14, 2009
A visit to Rhode Island’s Division of Motor Vehicles is getting more expensive. DMV title fees increase Monday from $26.50 to $51.50, which includes a $1.50 technology charge. The new fees apply to certificates of title, transfers of title, duplicates …
April 14, 2009
Drivers involved in accidents in which someone dies or is seriously hurt would have to take a sobriety test under a bill recently introduced in the New Jersey Legislature. Assemblyman Paul Moriarty, a co-sponsor of the bill, said the requirement …
April 14, 2009
Mississippi has joined the states adopting current uniform licensing requirementss for insurance agents and brokers that include a single insurance producer license that renews every two years. The single insurance producer licenses will be broken down into lines of authority: …
April 14, 2009
In Kentucky, it’s tornadoes, torrential rain or ice-encrusted trees and power lines, weather emergencies seemingly all the time. But state officials also want to be prepared for the possibility of a disease outbreak or manmade emergencies like a hazardous chemical …
April 14, 2009
The dramatic rescue of an American sailor from Somali pirates by the U.S. Navy this weekend will likely make marine insurance more expensive, not least because the killing of three pirates could lead to an escalation of violence against unarmed …
April 14, 2009
United Risk Solutions Inc. of Medford, Ore., has named Nancy Parsons Patterson accounting manager. In her new position, Patterson is responsible for managing all accounting functions including payroll, accounts payable and receivable, and 401(K) administration. Patterson has more than nine …
April 14, 2009
Union General Insurance Services Inc. of Concord, Calif., has an “A+” rated carrier offering to California agents coverage for common area exposure for homeowners associations. Pricing is on a per unit basis. Limits up to $2 million occurrence/$3 million aggregate …
April 14, 2009
Does a bad economy increase crime? Analysts have debated that question for years, according to Mike McKee, senior special agent for the National Insurance Crime Bureau. While it’s too soon for statistics to confirm whether recent events like the mortgage …
April 14, 2009
A former Miss West Virginia has won a $7.2 million verdict against nine Internet companies that tried to sell pornographic videos they falsely claimed featured her. A jury in U.S. District Court in Clarksburg last week ordered each defendant to …
April 13, 2009
There’s a need for state-based insurance regulation, according to Hawaii Insurance Commissioner J. P. Schmidt. Speaking to professors and experts in finance from around the world in his keynote speech at the 16th Annual Global Financial Conference. Commissioner Schmidt’s speech …