January 12, 2004
To start off the new year, Insurance Journal asked Texas Governor Rick Perry to share his views on insurance reforms initiated by the Texas Legislature in 2003, and to comment on issues he believes need to be addressed in the …
January 12, 2004
The National Association of Insurance Commissioners (NAIC) conducted its final meeting of the year on Dec. 6-9 in Anaheim, Calif. While the conference agenda had its fill of typical committee meeting topics—workers’ compensation, credit scoring, antifraud and insolvency, to name …
January 12, 2004
The Insurance Council of Texas recently issued a reminder that new insurance legislation affecting the use of credit scores, water damage claims and the regulation of public adjusters is being put into place in Texas in 2004. The ICT noted …
January 5, 2004
The Independent Insurance Agents & Brokers of New York Inc. announced today that ending the $1 billion drain on New York motorists and freeing the state’s construction industry from a severe crisis created by obsolete provisions in labor law again …
January 2, 2004
The Texas Department of Insurance has scheduled hearings in January concerning two issues affecting the property/casualty insurance industry: use of credit scores in establishing rates for personal lines insurance and rules regarding reinsurance for Texas Windstorm Insurance Association policyholders. On …
December 23, 2003
The Insurance Council of Texas issued a reminder that new insurance legislation affecting the use of credit scores, water damage claims and the regulation of public adjusters is being put into place in Texas in 2004. The ICT noted that …
December 1, 2003
The Texas Department of Insurance recently adopted initial rules regarding the use of credit scoring by insurers in Texas. And the department believes the rules, along with the statutory provisions in Senate Bill 14, are among the strongest in the …
November 17, 2003
Insurance collateralized debt obligations (CDOs) present a significant new opportunity for small to mid-sized insurers to raise long-term capital at rates far lower than current financing, according to an article appearing in the latest edition of the Fitch Ratings ‘Global …
November 12, 2003
The Texas Department of Insurance announced it adopted initial rules regarding the use of credit scoring by insurers in Texas. TDI said these rules, along with the statutory provisions in Senate Bill 14, are among the strongest in the country …
November 3, 2003
You would think that after several centuries in business, insurers would have a better handle on public relations. Apparently they still believe the sledgehammer approach is effective. And then they are surprised when some, most or all members of the …