September 6, 2010
The Arizona Supreme Court is weighing in on the state’s uninsured/underinsured motorist coverage selection form – a decision that could dramatically increase insurance agency’s errors and omissions premiums, according to the Independent Insurance Agents and Brokers of Arizona. According to …
September 6, 2010
Raintree Insurance, PacWest Alliance PacWest Alliance Insurance Services Inc. welcomed its newest member: Raintree Insurance Agency Inc. Raintree Insurance Agency is an independent insurance agency with offices in San Bernardino and Moreno Valley, Calif. PacWest is a California-based insurance cluster …
September 6, 2010
The California State Compensation Insurance Fund named Tom Rowe president, CEO and member of the Executive Committee. He will report directly to the board of directors and is responsible for the day-to-day operations of State Fund. Former president/CEO Janet Frank …
September 6, 2010
As expected, the Workers’ Compensation Insurance Rating Bureau of California has submitted a pure premium rate filing to the California Insurance Commissioner recommending a 29.6 percent increase in pure premium rates or “claims cost benchmark” effective Jan. 1, 2011. Pure …
September 6, 2010
The Texas Windstorm Insurance Association recently filed for 5 percent increases in both its residential and commercial rates, effective Jan. 1, 2011. While indications are those hikes won’t bring the rates for the state’s coastal insurer of last resort up …
September 6, 2010
Competitive Information or Open Records? “CompSource has traditionally been glad to share high level financial information with the public. However, CompSource must object when a competitor tries to take advantage of the Open Records Act to obtain specific, sensitive information …
September 6, 2010
Technology — especially cell phones and texting technologies — gets a bad rap when it comes to safety while driving. Of course, it’s not the technology that’s unsafe — it’s people and their need to multi-task. While a number of …
September 6, 2010
Former Houston Mayor Bill White, a Democrat campaigning to replace Repub-lican Rick Perry as governor of Texas, says homeowners insurance rates in Texas are too high and should be more regulated. White said Texans pay an average $626 more than …
September 6, 2010
Louisiana Workers’ Compensation Corp. (LWCC) promoted two key executives. Paul Buffone is now senior vice president of Risk Management Services, and David T. White is now vice president of Internal Audit. Buffone started with LWCC in 1993 as a law …
September 6, 2010
Hallmark Financial, State Auto National Hallmark Insurance Co., a subsidiary of Hallmark Financial Services Inc. in Ft. Worth, Texas, plans to acquire State Auto National Insurance Co. from Ohio-based State Auto Financial Corp. (STFC). State Auto National (SAN) writes approximately …