Marine (Inland and Ocean) News

What Teens Think About Impaired Driving

The U.S. Department of Transportation held focus groups with teens on impaired driving. Its report, Teen Unsafe Driving Behaviors, Focus Group Final Report, was released in 2007 and included these observations from the focus groups: In the focus groups, teens …

States Urged to Lower Drinking Age to Reduce ‘Underground’ Drinking

More than two decades after the country established a uniform drinking age of 21, a nascent movement is afoot to allow 18- to 20-year-olds to legally buy alcohol under some circumstances. Proponents say the higher age hasn’t kept young people …

Nanotechnology: A Big Risk in a Small Package?

Nanotechnology presents great opportunity, but the impact on insurance is still unknown Insurance professionals gathered in the oak-paneled Old Library of Lloyd’s of London this past December to learn more about a risk that the institution’s 17th century founders could …

Conn. Frees Up Rating on Complex Commercial Lines

The Connecticut Insurance Department has launched a year-long pilot program that will exempt some complicated commercial rate and form filings from being initially reviewed by the state — although insurers using those forms will still be subject to an audit. …

Business Moves

Meadowbrook, U.S. Specialty Underwriters Southfield, Mich-based Meadowbrook Insurance Group Inc. announced it terminated the management agreement associated with its acquisition of the business of U.S. Specialty Underwriters Inc. (USSU). In April 2007, the company entered into an agreement to acquire …

Congress Asked to Promote Wider Use of Motorcycle Helmets

U.S. Transportation Secretary Mary E. Peters recently sent legislation to Congress that seeks greater flexibility for states to target one of the leading causes of motorcycle deaths across the nation: riding without a helmet. An avid motorcyclist, Peters credits her …

Declarations

Personal Responsibility “My helmet prevented me from being a brain injury patient when I crashed my Harley two years ago.” —U.S. Transportation Secretary Mary E. Peters comments on legislation to Congress that seeks greater flexibility for states to target one …

Business Moves

Higginbotham & Associates, ATMD Higginbotham & Associates announced a partnership with Allred-Thompson-Mason-Daugherty (ATMD) in an effort to broaden its Texas presence. ATMD is a general lines insurance agency based in Wichita Falls, Texas, with two offices in Granbury and Henrietta, …

Declarations

UM/UIM Options “Uninsured and underinsured motorist insurance are policy coverage options consumers should carefully consider.” —Kenton Brine, Northwest regional manager for the Property Casualty Insurers Association of America (PCI). Brine’s comment came after the Idaho House of Representatives passed legislation …

The Promise of NAFTA Not Quite Fulfilled

It’s been a long, frustrating process for most participants In February 2002, Insurance Journal reported that Congress and the Bush Administration had reached a deal whereby the trucking provisions of the North American Free Trade Agreement could finally be implemented. …