Monthly Archives: <span>June 2010</span>

Oregon Insurance Industry To Recognize Customer Service Reps

The Independent Insurance Agents and Brokers of Oregon (IIABO) is now accepting nominations for the 2010 Accredited Customer Service Representative of the Year award, which recognizes an employee for his or her contributions and commitment to the industry. The award …

Michigan Court Upholds Denial of Basic Home Insurance Rate Hike

In a unanimous decision this week, the Michigan Court of Appeals upheld a 2008 order by Insurance Commissioner Ken Ross that denied the state’s property insurer of last resort an 18.9 percent rate hike. In reversing the lower court, a …

Montana State Fund Moves to New Headquarters

Montana State Fund has moved into a new headquarters at 855 Front Street in Helena. The move is a culmination of five years of planning and building a LEED-certified building. New phone numbers are 406-495-5000. The toll-free number remains 800-332-6102.

Florida Politicians Demand More, Faster Claims Monies from BP

BP brought another $25 million to Florida on Tuesday, but instead of a thank you they got a lot more criticism. Between barrages, Gov. Charlie Crist and three independently elected Cabinet members asked for more money and said they want …

Florida Lawmaker: Lower Gulf Coast Property Assessments, Make BP Pay

Property appraisers from three Panhandle counties and a state representative say the Legislature should allow tax appraisers to lower coastal property values immediately because of the oil spill. Appraisers from Escambia, Santa Rosa and Okaloosa counties and Rep. Dave Murzin …

Best Affirms NYMAGIC Group, Subsidiaries Ratings; Outlook Stable

A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a” of New York Marine Group. The ratings also apply to the two members of the group, New York Marine and …

Judge: Stricter Regulation at Massey West Virginia Mine Not Justified

An administrative law judge ruled this week that there was no pattern of violations that would lead to stricter regulation at a Massey Energy Co. mine in Virginia. A Federal Mine Safety and Health Review Commission judge ruled that 10 …

Mississippi Attorneys’ Lawsuit Against Scruggs Dismissed

A federal judge has dismissed a lawsuit filed by two Gulf Coast attorneys who had accused former attorney Richard “Dickie” Scruggs and associated law firms of using money owed to them in a scheme to bribe judges and other elected …

Float-Builder Liability Exemption Rejected in Louisiana Senate

A proposal to shield Mardi Gras float-builders from some liability claims for accidents on the parade route was scuttled by a Louisiana Senate committee after opponents argued the state shouldn’t give such protections to private companies. Rep. Jeff Arnold, D-New …

Louisiana Health Officials Record 71 Spill-Related Medical Complaints

Twenty-nine workers hired for oil spill recovery tasks have complained along with 42 others of diverse ailments including nausea, vomiting and flu-like symptoms since May 2, state health officials reported. Several of those complaining of problems were treated and released …