January 22, 2007
Michigan Governor Jennifer M. Granholm has signed legislation permiting Michigan to join the Interstate Insurance Product Regulation Compact Commission, making Michigan the 29th state to join the Commission. Created through the National Association of Insurance Commissioners, the Commission provides participating …
January 16, 2007
On February 21, the CPCU Society and the Society’s Chapter will be hosting a CPCU Society National Leadership Institute (NLI) course: “Leadership and Ethics—The Power to Succeed.” This course has been approved for four continuing education credits in Colorado and …
January 15, 2007
Wyoming is the worst state in the nation in terms of enacting highway safety laws, according to a group that advocates such laws. Wyoming had only four of 15 critical safety laws that the Advocates for Highway and Auto Safety …
January 12, 2007
Nearly 100 miners at three mining operations were stranded underground in Wyoming Wednesday afternoon when an electrical substation near here failed at 1:30 p.m., officials said. The power failure affected the West Vaco, Granger and the FMC trona mining operations, …
January 11, 2007
Lois Klofanda was 85 years old when she sunk almost half her life savings into a deferred annuity from Allianz Life Insurance Co. of North America, not realizing she wouldn’t be able to get at the money again for a …
January 11, 2007
The federal government should join the state of Massachusetts in enacting universal health coverage, according to Sen. Edward Kennedy, D- Mass., the new chairman of the Senate committee with jurisdiction over numerous health issues. Kennedy’s home state is the first …
January 8, 2007
While the nation was mostly natural disaster-free in 2006, the West suffered a few fourth quarter storms that took the blush off of an otherwise relatively rosy year. Beginning with Thanksgiving and heading into the New Year, the western states …
January 8, 2007
GL for Builders, Contractors, Artisans Nuts & Bolts: Golden Insurance Co. RRG extended its commercial general liability coverage for builders, general contractors and artisans to $1 million/$1 million. Coverage is offered on a claims-made basis, and most builder trade classes …
January 8, 2007
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: …
January 8, 2007
$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 …