Idaho News

Arrested Rhode Island ID Thieves Stole $500K Worth of Goods

Federal prosecutors have charged four Providence, Rhode Island residents with identity theft for allegedly making more than $500,000 worth of purchases after obtaining credit cards with the stolen personal information of more than 50 victims. A 32-count indictment unsealed Wednesday …

Oregon Summer Forest Fire Risk Said to be High

A combination of predicted hot, dry weather, lightning and a widespread beetle infestation are spawning predictions of a summer wildfire season in Oregon worse than last year’s. Dan O’Brien, spokesman for the Northwest Interagency Coordination Center in Portland, said forecasts …

Tweaked About Fake Tweets, Idaho Governor Joins Twitter

A bogus Twitter account set up five weeks ago in the name of Idaho Gov. C.L. “Butch” Otter has been shut down — only to reopen with the real governor sending out tweets. The popular social networking and micro-blogging site …

Mercury General Reports Implements Salary Freeze, 7% Workforce Reduction

Mercury General reported net income in the first quarter 2009 was $96.7 million compared with net loss of $4 million for the same period in 2008. Included in net income are net realized investment gains, net of tax, of $50.7 …

‘Dress’ Your Insurance Business Communications for Success

From E-mail, to Phones to Letterhead, Image Conveys a Lot to Clients There is an old adage in the business world that says, “Dress for the job you want, not the job you have.” In other words, if you are …

New Markets

The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Products Liability for Roller Coasters and Rides Market Detail: MarketScout offers agents access to products …

House Votes to Amend Idaho Workers’ Comp Laws

The Idaho House voted 50-16 to change how Idaho State Insurance Fund pays dividends to workers’ compensation policy holders. The measure has already cleared the Senate and now goes to Gov. C.L. “Butch” Otter. The bill doesn’t include retroactive provisions …

Indiana Legislation Penalizes ID Thieves

An Indiana bill that would strengthen protections against identity theft is poised to win final approval from the Indiana General Assembly and move to the governor’s desk. House Enrolled Act 1121, the identity-theft protection legislation, already has passed once in …

Idaho Cautions Insurance Industry on Misuse of Producer of Record Letters

Idaho Department of Insurance William Deal is cautioning the insurance industry on the use of producer of record letters. A producer of record letter refers to a written statement signed by an insured advising an insuerer that a particular producer …

What Young Agents Value About Being Independent

Good things come to those who wait and work hard. Even in today’s challenging economic climate, young independent insurance agents remain hopeful and happy to be in a profession that allows them to work independently, be their own boss and …