Monthly Archives: <span>April 2012</span>

Missouri Home Insurance Rates Rise

Missouri insurance regulators report that homeowners premiums increased 5 percent between July 2011 and March 2012. The figure is based on an analysis of rates charged by insurers covering 80 percent of homes. Disaster losses seem to be at least …

N.Y. Regulators Expand Probe Into Force-Placed Insurers

New York regulators are expanding their investigation into the so-called force-placed insurance that target homeowners in financial distress. Benjamin Lawsky, the state’s superintendent for the financial services department, said on April 5 that he has asked largest licensed force-placed insurers …

Ariz. Bill to Tow Vehicles Without Liability Defeated

A bill in Arizona that would have changed the current mandatory auto insurance laws to empower law enforcement to tow and impound vehicles if they are driving without liability insurance was defeated in the House Appropriations Committee. Senate Bill 1165, …

Business Moves – Midwest

Great American Insurance Group Cincinnati, Ohio-based Great American Insurance Group’s environmental division opened a regional office in New York City. The expansion complements the environmental division’s home office located in Plymouth Meeting, Penn., and its regional office in San Francisco. …

My New Markets

Bringing Market Seekers and Market Providers Together Find markets in our database Promote your markets on our site Join our community forums Membership is free! www.MyNewMarkets.com Fire Equipment Dealers and Fire Sprinkler Contractors Insurance Market Detail: Zurich Programs’ appetite offers …

Path Set for ACOs in Healthcare Delivery

Even if the U.S. Supreme Court strikes down the Obama administration-backed healthcare reform legislation, accountable care organizations (ACOs) — models aimed at improving the quality of healthcare delivery while decreasing costs — are likely to survive, say a panel of …

March’s Severe Weather Proved Deadly, Costly in U.S.

March was a deadly and costly month in parts of the U.S. A significant severe weather outbreak affected parts of the U.S. Midwest, the Tennessee Valley and the Southeast during the first week of March, killing at least 41 people. …

Oklahoma Agent Sentenced

A formerly licensed insurance agent in Oklahoma, Matthew Hammer, has been sentenced for fraud. Hammer pled guilty to one felony count of Obtaining Property by False Pretense and was sentenced to a three-year deferred felony sentence with an initial 30-day …

Declarations – South Central

Like a Bomb “It wasn’t like a freight train like everybody says it is. … It sounded like a bomb hit. And we hit the floor, and everybody was praying. It was shocking.” —Physical therapist Patti Gilroy describes the tornado …

Arbitron to Pay $400,000 in Lawsuit over Ratings

Radio audience ratings company Arbitron Inc. says it is paying $400,000 to settle a case in California in which it was accused of under-representing black and Hispanic listeners in its surveys in the state’s largest cities. Lawyers for the state …