September 25, 2006
For the first time in two years the high and mighty from the reinsurance world gathered for their annual Rendezvous in Monte Carlo without having to face the consequences of an ongoing catastrophe (Ivan in 2004 and Katrina last year). …
September 25, 2006
Massachusetts Attorney General Tom Reilly has decided to appeal Insurance Commissioner Julianne Bowler’s order allowing the state’s insurer of last resort — the FAIR Plan — to raise home insurance premiums an average of 12.4 percent statewide and 25 percent …
September 25, 2006
“We have survived two devastating storms and I will not allow our citizens to fall victim to fraud or abuse as we rebuild Louisiana. I am pleased that the U.S. Department of Justice and our state Attorney General have joined …
September 25, 2006
2012 The model year automobiles will be required to have anti-rollover technology. The National Highway Traffic Safety Administration believes the new requirement will save thousands of lives annually. 14% Increase in the injury rate from 2004 to 2003 among children …
September 25, 2006
The latest edition of the Growth and Performance Standards (GPS) study by the Austin, Texas-based National Alliance Research Academy has just been released, giving the insurance industry some new benchmarks for comparing independent agency performance trends. The GPS has been …
September 25, 2006
The New York State Forum, a part of the Rockefeller Institute of Government, is giving a Best Practices Award to the New York State Insurance Department for its acquisition and launch of a Mobile Command Center. “The Insurance Department’s Mobile …
September 25, 2006
Hoping to keep potential drunken drivers off the road, a new designated driver service is offering rides home for its customers and their cars. PointZero8, which started giving rides in San Antonio, Texas, in early September, sends two drivers when …
September 25, 2006
Bitterroot Valley, Mont., residents who alleged their homes were destroyed when firefighters lit a backburn to slow encroaching flames cannot sue the U.S. Forest Service over their losses, a federal judge ruled. U.S. District Judge Donald Molloy said the agency …
September 25, 2006
Rutherfoord, a Roanoke, Va., insurance broker, says it is committed to reducing its greenhouse gas emissions and has become the first in the U.S. insurance industry to establish a carbon neutral footprint in response to the emerging risk of climate …
September 25, 2006
Arkansas Insurance Commis-sioner Julie Benafield Bow-man in early September told lawmakers she needs guidance on enforcing a state law to allow people covered by health maintenance plans to see the doctor of their choice. Bowman said legislation passed last year …