April 9, 2007
Leon County (Florida) Circuit Court Judge Terry P. Lewis approved an order on March 27 allowing Royal Palm Insurance Co. and Security First Insurance Co. to offer new coverage to the 57,000 homeowner policyholders currently with Maitland-based Vanguard Fire & …
April 9, 2007
Dedicating the time is essential for success Most high performance, high growth independent agencies have a lot in common when it comes to finding, hiring and mentoring new producers: They dedicate the necessary time for their mentoring program and couple …
April 9, 2007
Connecticut Governor M. Jodi Rell is naming a claims administration executive, Thomas R. Sullivan, to be the state’s insurance commissioner, replacing Susan Cogswell who is stepping down from the top regulatory post she has held for almost seven years. Sullivan, …
April 9, 2007
The International Commission on Holocaust Era Insurance Claims concluded its claims processes. More than $300 million in awards were distributed to more than 48,000 Holocaust survivors and their heirs. The ICHEIC was established in 1998 by the National Association of …
April 9, 2007
Data recovery firm says no matter how bad the loss, there’s a chance for recovery Data recovery experts worldwide from Minneapolis, Minn.-based Ontrack Data Recovery chimed in for a poll to name the top 10 remarkable data loss disasters in …
April 9, 2007
Also, advises against assigned risk pool change at this time and against erasing subsidies or allowing credit scoring A special auto insurance study group appointed by Massachusetts Gov. Deval Patrick has recommended modest changes to introduce limited pricing competition to …
April 9, 2007
Texas Attorney General Greg Abbott announced he has taken legal action against Fort Worth-based RadioShack Corp-oration for exposing its customers to identity theft. According to documents filed by the AG’s office on April 2, 2007, RadioShack violated a 2005 law …
April 9, 2007
Agents generally support legislation, but insurers caution changes could result in additional costs U.S. Reps. Judy Biggert, R-Ill., and Barney Frank, D-Mass., introduced bipartisan legislation to revamp the National Flood Insurance Program that boosts the program’s borrowing authority to $21.5 …
April 9, 2007
California has expanded its Low Cost Automobile Insurance Program to low-income, good drivers in Merced, Monterey, Santa Barbara, Sonoma, Tulare and Ventura counties, announced the California Department of Insurance. The program offers low-income, good drivers the opportunity to purchase auto …
April 9, 2007
In its report, Gov. Patrick’s auto insurance study group set forth these key recommendations: 1. The insurance commissioner should examine alternatives to move towards competitive rating using flex-bands, while maintaining affordability for all drivers, minimizing disruption to the market and …