Kentucky News

Texas Sept. Enforcements Result in Nearly $376K in Fines, Restitution

Enforcement actions taken by Texas Insurance Commissioner Mike Geeslin that became final during September 2007 include 12 license revocations, three license denials and fines and restitution totaling $375,983, the Texas Department of Insurance announced. An order imposing disciplinary measures becomes …

Ky. Tornadoes Render Owensboro’s Oldest Bar Unsalvageable

An Owensboro, Ky., bar that dates back to the end of Prohibition is being torn down after tornadoes that were part of storms that swept through western Kentucky caused irreparable damage to the structure. Martin’s Bar opened in the 1930s …

People

Robert E. Fulwider was inaugurated as the new chair of the Independent Insurance Agents & Brokers of America (the Big “I”), with C. Brett Nilsson, and J. David Daniel assuming the offices of chair-elect and vice chair, respectively. Fulwider is …

6 N.Y. City may be liable for 9/11 workers

Court panel casts doubt on immunity claim 6 N.H. judge questions medical malpractice screening panels They may cost time and money 8 Mass. finalizes managed competition auto insurance regulation But the road to competition has limits N1 Off-year election 2007 …

Figures

$1.4 billion The amount sought in a suit accusing Allstate Insurance Co. of using delay tactics and schemes to prod soft-tissue injury victims into accepting lower offers for pain and suffering. A jury in Lexington, Ky., rejected the claim of …

8 S.C. chief urges pre-set

hurricane damage formula Looking to minimize claims litigation 8 West Virginia lawmakers may reassert workers’ comp oversight But will they scare insurers from the state? 9 Florida brings back no-fault Lawmakers add anti-fraud provisions 9 It’s wait ’til next year …

People

Fulwider was inaugurated as the new chair of the Independent Insurance Agents & Brokers of America (the Big “I”), with C. Brett Nilsson, and J. David Daniel assuming the offices of chair-elect and vice chair, respectively. Fulwider is principal and …

8 La.’s $100 million incentive program begins

State hopes to increase private market property coverage 8 State Farm Texas rate hike denied Administrative law judges say 9.1% is too much 8 Insurance complaints decline in Texas Homeowners line dropped the most 10 Surplus lines execs debate issues …

People

Kyle Stevens was elected the new president and chief executive officer of Western Security Surplus Insurance Brokers, a wholesale broker and managing general agency with offices in California and Texas. Stevens has served as the chief operating officer since 2005, …

10 ChoicePoint faces class action lawsuit

Company claims legal action is “frivolous, baseless” 10 Calif. workers’ comp reforms working better than expected Governor vetoes bill to raise benefits 11 Idaho Falls considers banning cell phones while driving Also wants to stop other unsafe driving activities 12 …