October 17, 2007
On Oct. 15, Travis County District Judge Margaret Cooper ruled in favor of Allstate Texas Lloyd’s in the company’s quest to preserve an already-implemented homeowners rate increase. Cooper granted the insurer’s motion for a permanent injunction against a previous order …
October 16, 2007
The nation’s bank holding companies increased their total insurance revenue 1.0 percent to $21.7 billion in the first half of 2007 from $21.4 billion during the same period in 2006. CitiGroup (NY), Wells Fargo & Company (CA), and HSBC North …
October 12, 2007
The Texas Department of Insurance enforcement actions that became final during August 2007 include five license revocations, a license denial, and fines and restitution totaling $205,428, the department reported. An order imposing disciplinary measures becomes final 20 days after the …
October 10, 2007
The National Insurance Crime Bureau says the 1995 Honda Accord was the most likely automobile to be stolen in South Carolina in 2006. The 1999 Chevrolet full size C/K 1500 pickup ranked second on the list, followed by the 1996 …
October 9, 2007
In order to draw new carriers into South Carolina’s exposed coastal areas the Department of Insurance in coordination with the Wind and Hail Underwriting Association (Wind Pool) expanded coverage availability this year. Moving these boundaries inland was for the express …
October 8, 2007
Trade and Professional Associations Nuts & Bolts: Aon Association offers coverage to 56,000 nonprofit organizations and their members throughout the U. S. Clients range in size and needs from an Elks Lodge seeking general liability coverage to a long-term care …
October 8, 2007
Workers’ Comp, Security, Investigative Agencies Nuts & Bolts: A guaranteed cost workers’ compensation program for security guard and investigative agencies is available from The Mechanic Group. Dollars: Up to $1 million. Carrier: The Hartford rated “A+” XV by A.M. Best. …
October 8, 2007
103 The number of Mississippi cases relating to Hurricane Katrina claims included in a settlement with State Farm Mutual Insurance Co. last month. Terms of the settlement are confidential, said attorney Chip Merlin. Forty-seven of the 103 policyholders involved had …
October 8, 2007
The need for solutions to address insurance costs and availability in natural catastrophe-vulnerable U.S. coastal regions — including a federal safety net — was the general theme at a public hearing in Mobile, Ala., on Sept. 24. Dozens of concerned …
October 8, 2007
Trade and Professional Associations Nuts & Bolts: Aon Association offers coverage to 56,000 nonprofit organizations and their members throughout the U. S. Clients range in size and needs from an Elks Lodge seeking general liability coverage to a long-term care …