Operations News

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 …

My New Markets

Tattoo and Body Piercing Nuts & Bolts: Marine Agency Corp. is offering professional liability, package, umbrella, and workers’ compensation for tattoo and body piercing businesses. Carrier: AIG rated “A” by A.M. Best. Admitted. States: All. Contact: Charlie Stevens at 800-763-4775 …

Pa. Agency Honored for Real-Time Capabilities

Pennsylvania’s Strickler Agency Inc. last week received the inaugural “Interface Agency of the Year Award” presented by the Applied Systems Client Network (ASCnet), the user group for Applied Systems agency technology. The award was presented in Orlando at the 22nd …

Survey: MMG of Maine Named Best Ease of Doing Business Performer

More than 8,000 independent agents and brokers assessed the performance of over 220 property and casualty carriers in Deep Customer Connections Inc.’s (DCC) 5th annual Ease of Doing Business (EDB) survey. MMG Insurance of Maine lead this year’s top rated …

Conn. AG Alleges Reinsurance Antitrust Conspiracy Drives Up Consumer Prices

A lawsuit against a major reinsurance broker for alleged antitrust activity in Connecticut is being used to raise broader questions about the largely unregulated reinsurance business. Connecticut Attorney General Richard Blumenthal has charged that international reinsurance intermediary Guy Carpenter & …

Assurance Agency’s Seminar HIghlights Legal Concerns, Human Resources

Schaumburg, Ill.-based Assurance Agency, recently held an educational seminar on “The ‘New’ Legal Landscape for HR Professionals – A 2007 Report” at the headquarters in Elk Grove Village, Ill. The three hour seminar was attended by business leaders from more …

Declarations

Funeral director’s scam “I didn’t try to deceive anyone out of their money, I was just trying to maintain my business.” — Kent Kellog, 51, a former Indiana funeral home director accused of cashing in policies totaling more than $100,000 …

8 N.J. still rates at the top

Competition helps but drivers still pay most 8 Maine cop hit by police car covered Court rules in the case of a stolen police car 8 N.Y. to issue illegal immigrants licenses Supporters see fewer uninsured motorists 10 Mass. warned …

Plaintiffs fail to prove racketeering by Marsh, insurers and brokers

Dismissal of corruption conspiracy charges follows earlier dismissal of antitrust complaint The same federal judge who early in September dismissed all federal antitrust charges against Marsh & McLennan Companies and a group of other brokers and insurers has now thrown …

News Currents

Plaintiffs fail to prove racketeering by Marsh, insurers and brokers Dismissal of corruption conspiracy charges follows earlier dismissal of antitrust complaint The same federal judge who early in September dismissed all federal antitrust charges against Marsh & McLennan Companies and …