Currents

A look behind the very good P/C results for 2006

The numbers, or estimates, for the property casualty insurance industry for 2006 are in. Dr Robert Hartwig, president and chief economist of the Insurance Information Institute, discussed them with Insurance Journal’s Andrew Simpson at III’s Joint Property Casualty Insurance Conference …

Report: 148 places around Hawaii lack emergency sirens, state lacks funding

More than 100 spots around Hawaii, from Oahu’s Sunset Beach to Kihei Commercial Center on Maui, lack emergency sires needed to warn people about tsunami and other natural disasters. A state Civil Defense Agency list obtained by the Honolulu Star-Bulletin …

Industry leaders debate regulation in wake of Democratic Congress shift

The Professional Liability Underwriting Society held its international conference in Chicago in late 2006. Moderating a conference panel, television journalist Forrest Sawyer, a 24-year veteran of ABC, CBS and MSNBC, targeted his questions to a diverse group of insurance leaders …

R.I. lawmakers study ways to assist coastal homeowners

A group of Rhode Island legislators examining insurance companies’ recent changes to homeowners’ policies for coastal areas met recently at the University of Rhode Island’s Bay Campus to review a model of the damage that could be done by a …

Oregon task force aims to improve construction

Oregon’s Construction Claims Task Force has released a report noting 11 recommendations to help protect homeowners from construction defects and ensure affordable liability insurance for contractors. Highlights of the recommendations include: Changing building code requirements to prevent moisture intrusion; Strengthening …

Report: Drivers’ age, gender factors in severity of accident injuries

Understanding the differences among drivers in different gender and age categories is crucial to preventing serious injuries, according to researchers in a new study showing statistical differences in traffic-accident injuries depending on the gender and age of drivers. The new …

Under new rules, bytes of electronically stored info could have big bite

Insurance agents want to avoid litigation, but it is not always possible. When they become involved in litigation in federal court, it is important for agents and their attorneys to understand the new Federal Rules of Civil Procedure governing electronically …

Remapping California flood zones might spur wave of policy sales

Homeowners who witnessed the devastation wrought by Hurricane Katrina seem to have boosted flood insurance sales dramatically in 2006, and federal government actions also might force others to purchase flood coverage, as well. The Federal Emergency Management Agency is redrawing …

Emergency declaration allows more claims adjusters in Okla.

Oklahoma Insurance Com-missioner Kim Holland declared a state of emergency Jan. 16, 2007, following severe winter weather that hit all 77 counties in the state. According to the commissioner’s office the declaration will allow emergency claims adjusters from other states …

How Democratic Congress might approach federal insurance

The Professional Liability Underwriting Society (PLUS) held its international conference in Chicago in late 2006. Moderating the panel was television journalist Forrest Sawyer, a 24-year veteran of ABC, CBS and MSNBC, who targeted his questions to insurance leaders and the …

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