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

April Tornadoes Set Record in Oklahoma

Timing rather than a trend seems to be the key as to why Oklahoma has broken the state record for tornadoes in the month of April the past two years, according to weather officials. In April 2011, there were 50 …

Declarations – Midwest

All Alone “I’m by myself.” โ€”Kansas Insurance Commissioner Sandy Praeger acknowledged recently that she’s a lone Republican voice in her state in support of setting up an online system for consumers to comparison shop for health insurance. The federal health …

Driving History Seen as Predictor of Individual’s Lifespan

It appears that bad drivers live shorter lives than good drivers and not just because they get in accidents. The same motor vehicle driving records already widely used to help determine car insurance pricing can also be used to predict …

Landers Quake Still Teaching Seismic Lessons

If you’ve never heard of the Landers earthquake that struck Southern California 20 years ago last month, you’re in good company. But, for an earthquake almost no one remembers, it has had a lasting impact on seismology for what it …

Vt. Flood Insurance Customers May See Higher Rates

Some of Vermont’s estimated 3,700 flood insurance customers could see their premiums increase by up to 20 percent. Since Hurricane Katrina in 2005, the National Flood Insurance Program has been operating at a loss and many of the changes approved …

Calif. Drivers Will Be Allowed to Text, With Restrictions

California drivers will be allowed to text when they’re behind the wheel of a car, as long as they’re using a hands-free device, and with some restrictions. Under a bill recently signed into law by Gov. Jerry Brown, beginning Jan. …

People – Southeast

Fireman’s Fund Insurance Co. has appointed Joe Kinsey to the position of high net worth personal insurance executive for the eastern zone. In his new role, Kinsey has full underwriting and distribution responsibility for the personal lines business focused on …

Some Reinsurance Increases But No Hard Market

Rate increases in the North American and international reinsurance markets are due to modest losses and poor results โ€“ not a hardening market, according to a report from Willis Re. The mid-year renewals report, “Looks Can be Deceiving,” concluded that …

What to Know About the NEW & IMPROVED Flood Program

Now with Fewer Subsidies, Minimum Deductibles, Multifamily Coverage and More If it were a dam or a levee, it would have been replaced ages ago. Yet the National Flood Insurance Program (NFIP) has stayed afloat despite a regular leaking of …

8 Ways to Kick-Start Productivity When Sales Are Slow

There is never a slow time in insurance sales, at least in theory. Yet in practice, no producer is productive 100 percent of the time. Who is? But when the number drops below 75 percent, agents must use slow time …