December 18, 2005
Texas and Louisiana landed fairly near the top of a recently released list of the 15 deadliest states/U.S. territories when it comes to impaired driving. And, the two states are among the 13 that have the dubious distinction of making …
December 18, 2005
Several pressing public policy issues remain to be debated in the Gulf region and across the country. At the forefront is the question of how we, as a nation, will finance losses from future mega- catastrophes. Weather forecasters predicted that …
December 18, 2005
Louisiana Insurance Commissioner Robert Wooley announced that Clarissa A. Preston has been named deputy commissioner of the Louisiana Department of Insurance Office of Property and Casualty, and Scott Kipper is now deputy commissioner of the Office of Health Insurance. Clarissa …
December 18, 2005
Louisiana Gov. Urged to Veto Flooded Vehicles Bill The Property Casualty Insurers Association of Amer-ica called upon Louisiana Gov. Kath-leen Blanco to veto a bill that would require all vehicles that are declared “total” losses as a result of recent …
December 18, 2005
As in a marriage, if you’re in a good relationship, you never have to consider the contract. But if things go badly, words mean everything,” Greg Thompson, president of THOMCO brokerage in Kennesaw, Ga., told attendees at the fifth annual …
December 18, 2005
Claims-made policies are policies commonly associated with professional liability policies, such as Directors & Officers, Employment Practices Liability and other miscellaneous professional liability policies, including Lawyers Professional Liability. A claims-made policy states that a claim must be made during the …
December 18, 2005
A “solution” to Florida’s hurricane insurance problems, based on research and an independent actuarial analysis showing hundreds of millions of dollars in savings, has been announced by the Florida Association of Insurance Agents. The proposal would eliminate Citizens Property Insurance …
December 18, 2005
The trials and tribulations of maintaining and insuring a well-known corporate art collection, from bombings by the IRA, to being stolen by builders and damaged when cleaners sprayed paintings with window cleaner, were described by Charles Dupplin, head of Hiscox …
December 18, 2005
Florida has survived eight hurricanes in 15 months, but more destruction is coming, according to risk modeling companies and economists speaking at the National Catastrophe In-surance Summit in Burlingame, Calif. It’s just a matter of time, said speakers, who forecast …
December 18, 2005
As an independent agent or agency owner, you have unique financial needs. Unfortunately, few banks truly understand those needs. Worse yet, it has become the norm for banks to also sell insurance, meaning they actually compete against you. The purpose …