December 28, 2006
SONY BMG Music Entertainment has agreed to pay Ohio and 39 additional states $4.25 million to resolve the states’ investigation into problems that arose when SONY placed anti-copying software on music CDs without notifying consumers. “The Consumer Sales Practices Act …
December 26, 2006
Drunken-driving deaths declined slightly across the nation in 2005, and the rate of drunken-driving deaths fell in 23 states, according to transportation officials. The National Highway Traffic Safety Administration reported that 23 states and Puerto Rico had a decrease in …
December 25, 2006
The Independent Insurance Agents of Texas appointed P. Scott Hubacek to the newly created position of IIAT Member Services Ambassador. Hubacek will be responsible for recruiting new members and for helping new and existing members increase use of programs and …
December 25, 2006
Tort reform impact “It’s difficult to say whether tort reform measures have impacted this slow down in tort costs growth. We have yet to see what, if any, impact the class action reform legislation that was passed in February 2005 …
December 25, 2006
Members of the National Association of Insurance Commissioners elected 2007 officers during the group’s winter meeting in San Antonio. Alabama Insurance Commissioner Walter Bell was named president, Kansas Insurance Commissioner Sandy Praeger was chosen as president-elect, New Hampshire Insurance Commissioner …
December 25, 2006
While Mother Nature was nicer to the Southeast and the insurance industry in 2006 than she was in 2005, her potential for destruction was never far from the minds of those living and rebuilding in the Southeast. Insurance remained a …
December 25, 2006
Members of the National Association of Insurance Commissioners elected 2007 officers during the group’s winter meeting in San Antonio, Texas. NAIC named Alabama Insurance Commissioner Walter Bell president, Kansas Insurance Commissioner Sandy Praeger president-elect, New Hampshire Insurance Commissioner Roger Sevigny …
December 25, 2006
Terrorism, corporate scandals and regulation make way for institutional change What professional liability exposures do financial institutions face today? Have risks significantly changed since 2001? If so, why? Major events have had a direct impact on insurers, agents and the …
December 25, 2006
E&O, Professional/Management Liability New P/C Insurance Agents’ E&O Rockwood Programs partnered with certain underwriters at Lloyd’s of London to offer professional liability coverage specifically for property/casualty agents licensed less than three years. The newly licensed agents program provides a liability …
December 25, 2006
Members of the National Association of Insurance Commissioners elected 2007 officers during the group’s winter meeting in San Antonio. Alabama Insurance Commissioner Walter Bell was named president, Kansas Insurance Commissioner Sandy Praeger was chosen as president-elect, New Hampshire Insurance Commissioner …