July 9, 2008
A report by an automobile insurer concludes that Oklahoma City drivers are less likely than Tulsa drivers to be involved in traffic collisions. “Its kind of weird,” Lt. Roger Bratcher of the Oklahoma City Police Department’s Traffic Fatality Unit said …
July 9, 2008
The rural area to the northeast of Denver, Colo., tops the nation when it comes to regions most prone to tornados, according to Boston-based CDS Business Mapping LLC, an online hazard mapping firm. The top 10 most tornado prone metro-areas …
July 7, 2008
Free-market advocates and some agents applauded last year when Massachusetts Insurance Commissioner Nonnie S. Burnes quickly moved to deregulate the Bay State’s backwards-but-long-established system of personal auto insurance. That move, which took effect April 1, included two fundamental changes: the …
July 7, 2008
People Dayton, Ohio-based Norman-Spencer Agency Inc. named Mark Yearn national program director for its recreational marine division. Yearn will oversee Norman-Spencer’s H2O Headings Program, which serves boat dealers and marina operators across the country. Yearn brings nearly 30 years of …
July 7, 2008
People McQueary Henry Bowles Troy LLP (MHBT) added Jim Anderson as senior vice president in the Dallas-based firm’s property/casualty group. Anderson will oversee the production and account management of property/casualty business accounts. With nearly 30 years of risk management experience, …
July 7, 2008
Reaching the Peak “This is probably it. … I think we’re probably reaching the peak of rates now.” —Louisiana Citizens Property Insurance Corp. CEO John Wortman, comments in an Associated Press report on double-digit homeowners rate increases proposed by Citizens …
July 7, 2008
Strategies From ‘Best Practices’ Agencies Searching for ways to survive and thrive in the soft market cycle? Cultivate untapped customer markets; proactively service renewals; use technology for efficiency and to manage customer expectations; assertively seek referrals and strive to be …
July 7, 2008
Dan Ramsey, president and CEO of the Independent Insurance Agents of Oklahoma, says the recently convened 2008 state legislative session was a good one as far as the association is concerned. Out of 4,000 bills considered by lawmakers, 83 of …
July 7, 2008
The Midwest is recovering from what may be some of the worst flooding in recorded history, but Texas and the Oklahoma Panhandle are suffering from drought. After a wild and wooly winter and spring, Arkansas seems to have settled into …
July 7, 2008
Catherine J. Weatherford, executive vice president and CEO of the National Association of Insurance Commissioners (NAIC) for the past 12 years, confirmed reports that she will be leaving the association. Weatherford is expected to continue to serve the association as …