June 1, 2004
Vermont motor vehicles officials are preparing a mandatory four-hour classroom course for new motorcyclists. The state is working with the Motorcycle Safety Foundation, a national nonprofit organization in Irvine, Calif., to come up with the course. The foundation, which is …
May 28, 2004
Anthem Blue Cross and Blue Shield of Maine has emerged as a possible sole bidder to provide coverage under Maine’s Dirigo Health Program. But Anthem, the only one of five insurance companies that expressed an interest in bidding for the …
May 24, 2004
Though worried that medical malpractice insurance is driving doctors from the state and from specialties like obstetrics, New Hampshire lawmakers last week failed to agree on legislation to address the problem. The House and the Senate had different versions of …
May 18, 2004
Maine Superintendent of Insurance Alessandro A. Iuppa reported that Maine has become the sixth state to join the Interstate Insurance Product Regulation Compact Commission, a commission which has been developed by the National Association of Insurance Commissioners (NAIC). The commission …
May 17, 2004
A new Maine law (Ch. 671) designed to correct availability problems in the state’s homeowners insurance market has been signed into law by Gov. John Balducci (D). Under the law, Superintendent of Insurance Al Iuppa, who already has authority to …
May 17, 2004
As the nation’s population ages, states are looking for ways to weed out people who shouldn’t drive. Half the states have passed some form of elderly driver restrictions, usually laws that require older motorists to renew licenses more often and …
May 4, 2004
Dallas-based MarketScout announced the expansion of its underwriting capabilities with the addition of three new underwriters. Sabrina Kukla has joined MarketScout’s Energy team. She will be quoting American Home for general liability, workers’ compensation and auto as well as James …
May 3, 2004
The state Senate has voted to require pre-litigation screening when patients sue doctors in hopes of weeding out frivolous cases and lowering malpractice insurance premiums. The Senate voted 19-3 to require that a panel made up of a judge, a …
May 3, 2004
Both the commercial and personal lines property/casualty markets grew significantly in 2002 creating opportunities for each of the three major distribution systems: independent agents and brokers, captive agents, and the direct response companies. The larger the market share in a …
May 3, 2004
Independent agents rule. This was again confirmed by the latest report from the Independent Insurance Agents & Brokers of America (IIABA) on market share. Independent agents dominate in commercial lines, writing more than 79 percent of the market nationwide. In …