March 20, 2006
The Texas Department of Insurance ordered two bonding companies in the Houston area to cease operating in Texas. Both companies, International Fidelity & Surety Ltd. and Providential Surety Company Ltd., were issuing surety bonds without a license and were engaged …
March 20, 2006
Senior executives and producers are scheduled to meet and exchange “cutting edge” ideas at the Insurance Brokers and Agents of the West (IBA West) Blue Ribbon Conference on the Big Island, Hawaii, on April 30-May 4. The conference, in its …
March 20, 2006
Louisiana Commissioner of Insurance Jim Donelon issued two directives designed to further protect consumers impacted by Hurricanes Katrina and Rita. Directives 195 and 196 extend the time period for the repair of damaged property and add protections for affected residents …
March 20, 2006
As many as 15 percent of Montana vehicles lack required liability insurance, and current penalties against the owners don’t act as much of a deterrent, the state’s legislative auditors reported. Legislative auditors, in a 26-page investigation, said they estimate between …
March 20, 2006
A Pulaski County Circuit Court jury awarded a Little Rock, Ark., insurance agent more than $2.55 million dollars in alleged unpaid salary and commissions in a case involving Aon Risk Services of Arkansas Inc. and Aon Risk Services of Illinois …
March 20, 2006
The Spokane, Wash., City Council will decide whether to terminate a contract with a private ambulance company that overbilled hundreds of patients and insurance companies more than $320,000. The fire department was supposed to oversee the ambulance contract. An audit …
March 20, 2006
The Insurance Council of Texas reported that insurance companies have settled 90 percent of property claims in Texas that resulted from the devastation caused by Hurricane Rita that struck in late September 2005. According to the Texas Depart-ment of Insurance, …
March 20, 2006
Californians believe that their state is prone to disasters, but they see little motivation to prepare for nature’s crushing blows, a new poll has found. The poll, sponsored by the Insurance Information Network of California and Fireman’s Fund Insurance Co., …
March 20, 2006
Legislative issues affecting insurance agents will be discussed by guest speaker Rep. Dennis A. Ross, D-Lakeland and other industry leaders during the March 29 to 30 Annual Legislative “Fly-In” being held in Tallahassee by the Florida Association of Insurance Agents. …
March 20, 2006
Insurance Agents and Brokers of the West (IBA West) is hoping the California Supreme Court will “depublish” an appellate court opinion suggesting that insurance broker-agents owe a legal duty of care to third parties injured when a policyholder failed to …