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

Calif. Workers’ Comp Reform Law at ‘Halftime’

Editor’s Note: This is the first in a series of articles to look at California’s workers’ compensation reform law in detail and what must be done to implement that law by Jan. 1, 2013. More articles in the series can …

Rating Hurricane Risk in Florida: How Using Geocoding Can Lead to More Accurate Pricing

Small companies often believe that they do not have enough homeowners data to build custom rating territories based on different perils, and therefore simply adopt the territories of a competitor. But because catastrophe models are fully credible and small companies …

Declarations – East

Penn State Taps Feinberg “We have been retained by Penn State to help both the University and individuals alleging sexual abuse reach a voluntary settlement in those individual cases where terms and conditions can be agreed upon.” —Kenneth Feinberg, a …

Drivers May Be Unaware of Texting Habit: Study

Texting while driving is considered a serious public safety concern, but a new University of Michigan study suggests that drivers might not be aware of their actions. U-M researchers found that texting while driving is predicted by a person’s level …

Alabama Targets Uninsured Motorists

Alabama is implementing a new system to crack down on the 900,000 Alabama vehicles without insurance. The system, set to launch Jan. 1, will verify within a few seconds whether a motorist is abiding by the state’s law requiring liability …

Alabama Senior Driver Credits

Alabama senior citizens will have easier access to courses that can qualify them for automobile insurance premium credits under a new state law that allows them to take the courses online. The courses test older drivers’ eyesight and offer refresher …

Business Moves – West

InsureZone, MSI Fort Worth, Texas-based InsureZone announced it has acquired Denver-based MSI Group, with agencies in 20 states. The purchase adds 63 agencies to InsureZone’s network/cluster program. MSI Group provides agency members with access to major carriers for personal lines …

Using Social Media Responsibly

Social media are changing the way insurance professionals do business. How can these forms of media, such as Pinterest, Twitter, Facebook and LinkedIn, help make your business more successful? And how can you protect yourself from the risks these media …

Insurer of Home Values Goes Under

An Ohio court has ordered Home Value Insurance Co. into rehabilitation for inadequate capital and surplus. The rehabilitation order said that HVIC failed to maintain the $5 million minimum capital and surplus that is required by Ohio statutes and is …

Texas Supreme Court Takes Up Contractual Liability Issue, Again

Justices to Consider Questions Posed in Ewing Construction v. Amerisure One of the most fascinating aspects of writing the Legal Beat Column is that often issues that we discuss here seem to be “finally” decided, only to reappear again. For …