Credit scoring an issue in 2007
Even though 2006 is safely behind us, some sticky issues are on the horizon as we edge our way into 2007. Case in point is the pending Supreme Court cases of Safeco v. Burr and GEICO v. Edo. The cases …
New Markets
Commercial Property Managers Nuts & Bolts: The Hartford Financial Services Group, Inc. has expanded its real estate insurance program to offer property and liability coverage to commercial property owners and managers. The Hartford’s target market encompasses owners and managers of …
It Figures
0.9% The workers’ compensation voluntary loss cost decrease approved by the New Hampshire Insurance Department, along with a reduction in assigned risk rates of 0.6 percent. The new figures went into effect Jan. 1. The decision mirrors the request made …
Drunk driving death rates decline in 23 states
Drunken-driving deaths declined slightly across the nation in 2005, and the rate of drunken-driving deaths fell in 23 states, according to transportation officials. The National Highway Traffic Safety Administration reported that 23 states and Puerto Rico had a decrease in …
Colorado Casualty Celebrates 25 Years, Expands Personal Lines in West
Colorado Casualty, a member of Liberty Mutual Group, recently hosted a 25th anniversary celebration with 140 employees and more than 100 appointed agents in attendance. The company also announced it would be expanding its personal lines business, now offering its …
13 states file briefs against credit scoring
Delaware Commissioner of Insurance Matt Denn has taken arguments against insurance industry use of credit scoring to the U.S. Supreme Court, filing a brief in a pending case involving the practice. The amicus curiae, or “friend of the court,” brief …
Denver-Based Company Recalling Sausage
Nearly 16,000 pounds of beef and buffalo sausage marketed as Maverick Sausage have been recalled from stores in 18 states, including Michigan, because of possible contamination with the bacterium Listeria monocytogenes. The U.S. Agriculture Department’s Food and Safety Inspection Service …
Editor’s Note: Credit scoring an issue in 2007
Even though 2006 is safely behind us, some sticky issues are on the horizon as we edge our way into 2007. Case in point is the pending Supreme Court cases of Safeco v. Burr and GEICO v. Edo. The cases …
New Markets
Professional Liability Beauticians Nuts & Bolts: All policies are packaged premises and professional. $3million aggregate is available. Program is self-rating. Dollars: $100,000 to $3 million. Carrier: Lloyds of London, rated “A” XV by A. M. Best. Non-admitted. States: All. Contact: …
It Figures
$20 billion The federal flood insurance program may be going broke after incurring $20 billion in debt from recent storms like Hurricane Katrina. But that hasn’t stopped politicians from trying to extend the taxpayer-subsidized coverage for some of the riskiest …
