Yearly Archives: <span>2005</span>

NAS Insurance Services Offers New Computer/Technology Market

Encino, Calif.-based NAS Insurance Services is introducing a new Computer/Technology liability insurance policy. The list of eligible classes is extensive — from data management service to software programming and systems design to security consultants. Limits are up to $5,000,000 and …

Wyoming Panel Considering Changes to Catch Uninsured Drivers

A legislative panel is considering new proposals aimed at reducing the number of uninsured motorists in Wyoming without creating a lot more work for insurance companies and the state. Vehicle owners in Wyoming are required to have insurance, but some …

London Death Toll Tops 50; Search on for Bodies, Answers

One day after four bombs struck at the heart of London’s morning rush hour, authorities were still finding bodies and searching for clues as the death toll has reportedly topped 50 people. Al Qaeda is still the main suspect in …

AWCC Adds Proof of Coverage Search to Web site; Discontinues Form AR-I

Effective July 1, 2005, the Arkansas Workers’ Compensation Commission changed its proof of coverage (POC) procedures, added a POC search link on its Web site, and eliminated a form it had required for decades. According to the AWCC, from the …

Liberty International Underwriters Now Offers Accountants’ Professional Liability In 34 States and D.C.

Boston, MA and Dallas, TX – Liberty International Underwriters (LIU), a division of Liberty Mutual Group, and ProTexn, Inc. announce that CPAEssential(SM), an accountants’ professional liability policy designed specifically for CPAs and CPA firms, is now available in 34 states …

Survey: One in Five Americans Have Been Victims of Identity Fraud

With companies reporting data breaches seemingly every week, more people are becoming victims of identity theft, according to a survey of more than 1,850 Americans sponsored by Chubb Group of Insurance Companies. The survey found that 20 percent of respondents …

NAIC Emphasizes Need for Federal Terrorism Backstop

National Association of Insurance Commissioners (NAIC) warns that significant market disruptions could develop with the Federal Terrorism Risk Insurance Act’s (TRIA) expiration on Dec. 31, 2005, the law’s current sunset date. The economy’s current strength reflects the ability of businesses …

Sunshine State Insurance Garners NFIP Award at Conference

Florida-based Sunshine State Insurance Company has been honored by the National Flood Insurance Program for growth in new business production. The award was presented at the recent NFIP annual conference in Marco Island, Fla. Michael Weis, program manager, accepted the …

Security Breach Laws Should Concern Insurers, NAMIC Says

Differences in the 19 security breach notification laws enacted so far this year should be of concern to insurers conducting business in multiple states, according to an analysis by the National Association of Mutual Insurance Companies (NAMIC). The latest NAMIC …

Category 4 Hurricane Dennis; Batters Cuba, Eyes Fla.

Hurricane Dennis has become a powerful storm of Ivan like proportions. As it churned through the warm waters of the Caribbean, Dennis picked up strength and size. The latest report from Miami’s National Hurricane Center said its maximum sustained winds …