July 24, 2006
Fidelity National Property and Casualty Insurance Co. has received approval from the Circuit Court of Florida to purchase all of the existing flood insurance policies of Southern Family Insurance Co. through the Florida Department of Financial Services. Fidelity National Property …
July 3, 2006
Someone once said “change is inevitable,” and in the health care arena that truism rings a bell. It wasn’t so long ago that the only place a person would go for immediate treatment was the emergency room of their local …
July 3, 2006
A man who wrecked his new truck is not entitled to payment from his insurance company for the resulting loss of market value, the New Mexico Court of Appeals ruled. In the first ruling in New Mexico on the issue, …
July 3, 2006
Michigan Gov. Jennifer Granholm vetoed a bill on June 23 that would have repealed the state of Michigan’s 37-year-old mandatory helmet law. The proposed law change pitted safety and insurance organizations against the major motorcycle group in the state in …
July 3, 2006
California workers may soon be able to file for workers’ compensation if they become injured due to high heat. The California Occupational Safety and Health Standards Board has adopted a permanent heat stress regulation, which protects all California employees working …
July 3, 2006
Pay increases for most salaried workers will average only 3.5 percent this year and stay at that level through 2007, The Conference Board reports. Pay increases in insurance were slightly higher than projected; diversified service was slightly lower. For the …
July 3, 2006
California is considering legislation that would require insurers to report California community-related investments to the insurance commissioner every two years. AB 925, authored by Assemblyman Mark Ridley-Thomas, D, and sponsored by California Insurance Commissioner John Garamendi, recently passed in the …
July 3, 2006
Hempkins named president for 2006-2007; Sanford honored with Drex Foreman Award Robert W. Hempkins, founding principal of Hempkins Insurance, Denison, was sworn in as president for 2006-2007 of the Independent Insurance Agents of Texas at the association’s 109th Annual Conference …
July 3, 2006
The Court of Appeals of Oregon has decided that an insurance company’s indemnity obligation to its policyholders is joint and several, not pro-rata, in environmental liability insurance coverage case. In Cacade Corp. v. American Home Assurance Co., the Appeals Court …
July 3, 2006
The cars, still streaked with mud from the floodwaters that covered them, many with broken windows, sprung doors and missing hoods, have mostly been removed from New Orleans streets. Now they will be removed from under the overpasses and empty …