August 18, 2003
Texas Mutual Insurance Company reported that the Texas State Bar has permanently disbarred Bernardo Eureste, a Houston attorney and former San Antonio city councilman. Eureste has not practiced law since June 2002, when he was sentenced to three years’ probation …
August 18, 2003
According to Texas Attorney General Greg Abbott, the state reached a settlement with Farmers Insurance Group that requires the company to refund an estimated $2.4 million to about 13,000 Texas motorists who may have paid more for vehicle repairs than …
August 18, 2003
The International Insurance Society’s 39th Annual Seminar, held in July at New York’s Waldorf Astoria Hotel—differs from other big insurance gatherings. It brings together CEO’s, top managers, academics and executives from the big four accounting firms, to discuss the current …
August 18, 2003
On Aug. 8, the Texas Department of Insurance (TDI) ordered most of the top 32 insurance company groups writing homeowners insurance in Texas to lower their rates by up to 31 percent, a move the department expects will save Texas …
August 18, 2003
It seems there’s never a dull moment in the Texas homeowners market. Insuring homes has always been a gamble here, what with the state’s notorious propensity for attracting wild weather. But since the Ballard mold case hit Farmers Insurance Group …
August 18, 2003
Compulsory auto insurance. It sounds like the “silver bullet” for the problems of uninsured motorists, doesn’t it? Make it mandatory for all motorists to purchase coverage and you won’t have an uninsured motorist (UM) problem, right? Not exactly! The fact …
August 18, 2003
This is the third and final part in a series of articles discussing captive premium financing. The decision has been made to form a captive premium finance company. The method in which you plan to run your operation has also …
August 18, 2003
The anniversary of the Sarbanes-Oxley Act of 2002 (SOX) has opened the door of dialogue to the benefits of sustainable, effective corporate governance. The Securities and Exchange Commission’s (SEC) shift in focus from regulating disclosure to corporate governance brings new …
August 18, 2003
In today’s fast-paced business world, technology is an invaluable tool to agents and brokers who want to compete. And to compete well means knowing all of the options that are available. Most agents and brokers are well aware of and …
August 18, 2003
The cost of health care is the most popular issue that politicians, employers and Americans of all walks of life are talking about. Health care in America represents approximately 15.6 percent of the Gross National Product and the trend is …