May 23, 2005
MASSACHUSETTS Safe Driver Plan Revised: Massachusetts Insurance Commissioner Julie M. Bowler has approved changes in the way drivers receive discounts and surcharges to their auto insurance policies based on their driving history. The revised Safe Driver Insurance Plan will provide …
May 23, 2005
Four St. Louis-area men were convicted Wednesday of federal charges related to the torching of four grocery stores as part of a scheme to collect more than $3.5 million in insurance claims. After a 13-day trial, a U.S. District Court …
May 19, 2005
The U.S. Senate this week backed a provision promising federal aid for safety programs to states that enact laws allowing police to stop motorists for seat belt violations. On a 86-14 vote, the Senate rejected an amendment to a $295 …
May 17, 2005
Beginning May 23, and extending through June 5, law enforcement officers throughout Iowa will join police agencies across the country in the Buckle Up America Campaign designed to promote the use of seat belts. This two-week long effort, known as …
May 12, 2005
Iowa-based EMC Insurance Group Inc. announced that its parent company, Employers Mutual Casualty Company, has initiated a $15 million stock purchase program under which Employers Mutual will purchase shares of the company’s common stock in the open market. This purchase …
May 9, 2005
The National Association of Insurance Commissioner’s proudest moment was during its response to 9/11, when it was able to asses the impact of the terrorism within a few days, Dr. Therese M. “Terri” Vaughn told Glen Pomeroy, moderator of the …
May 9, 2005
Alex Soto The Independent Insurance Agents & Brokers of America’s national board has nominated Alex Soto as the association’s president-elect and has elected Robert Fulwider as the next vice president. Once confirmed by the association membership, Soto will assume his …
May 9, 2005
Nuts & Bolts: Avon, Conn.-based Target Insurance Services has available new markets for home inspectors professional liability, including optional general liability; professional liability for large law firms (50-plus in size); and professional liability for accountants. Through the professional liability program …
May 9, 2005
Terry Cotter Terry Cotter was named president of Republic Home Protectors, a new managing general agency created by the Republic Group of Companies. In joining forces with Republic, Cotter will develop a new line of personal lines property products designed …
May 9, 2005
Nuts & Bolts: ISO introduced a new insurance program to protect financial institutions from employee dishonesty, forgery, computer crime, kidnap and ransom, and safe-deposit liability. The program includes policy forms and endorsements, underwriting rules, loss costs (projections of future claims) …