Idaho News

Declarations

Taking additional steps “With online banking, bill paying, and shopping increasing exponentially each year, we must take additional steps to protect our identities, provide help to those who have become victims, and make sure those who are committing the crimes …

Sales of flood insurance up sharply

Sales of federal flood insurance rose sharply last year. From November 2005 to November of last year, the number of federal policies jumped more than 13 percent, far more than normal. Sales in coastal and other vulnerable areas spiked dramatically. …

New Markets

Trucking Nuts & Bolts: AIX Group, Inc., a specialty insurance holding company, has formed a program to provide automobile physical damage coverage to commercial trucking operations. This program will be targeting operations with above average loss experience and fleets between …

New Markets

Long Haul Trucking Program Nuts & Bolts: M.J. Hall and Co. Inc. has a program for long haul truckers garaged in California. It covers liability, physical damage, cargo and trucker’s general liability. The program also covers: Ag haulers, intermodal operations, …

West has highest number of “unacceptable” levees

Hurricane Katrina and the New Orleans Flood was a wakeup call to the nation on the vulnerability of the nation’s levee systems. So after completing its notification of levee owners, the U.S. Army Corps of Engineers has released the locations …

Mercury General Reports Net Income of $214.8 Million in 2006

Los Angeles-based Mercury General Corp. has announced its fourth quarter and 2006 earnings, posting net income of $50.1 million ($0.91 per share-diluted) in the fourth quarter 2006 compared with $46.2 million ($0.84 per share-diluted) for the same period in 2005. …

Sales of flood insurance up sharply

Sales of federal flood insurance rose sharply across the country last year after homeowners witnessed the devastation wrought by Hurricane Katrina and realized that typical insurance policies didn’t cover many victims’ losses. From November 2005 to November of last year, …

Maine lawmakers balk at federal driver’s license-ID system

The Maine Legislature declared that it would refuse a congressional order to change its drivers’ licenses so they can serve as national identification cards. Supporters of a recent nonbinding resolution say the federal program would invite identity theft and cost …

New Markets

N.J. Coastal Property Nuts & Bolts: McSweeny Agency of New Jersey is offering coverage on boardwalk stores, ocean front, bay front, condos, dwellings, and seasonal commercial properties. Dollars: $100,000 to $1 million. Carrier: Rated “A+” by A.M. Best. Non-admitted. States: …

Sales of flood insurance up sharply

Sales of federal flood insurance rose sharply across the country last year after homeowners witnessed the devastation wrought by Hurricane Katrina and realized that typical insurance policies didn’t cover many victims’ losses. From November 2005 to November of last year, …