Yearly Archives: <span>2006</span>

Royal Palm to Offer Coverage to Allstate Floridian Customers

St. Petersburg, Fla.-based Allstate Floridian has reached an agreement with Royal Palm Insurance Co., a new property insurer in the state, to offer Allstate Floridian customers and Florida consumers property insurance coverage. Starting in November 2006, Royal Palm will provide …

Fla. Apprehends 28 in Fake Insurance Card Scheme

Twenty-eight individuals have been arrested in Florida for manufacturing, selling or buying fraudulent insurance binders and insurance identification cards according to Tom Gallagher, Florida’s chief financial officer. The arrests were the result of a multi-agency operation called “Bogus Binders.” Most …

Mo. Lawmakers Vote to Allow Insurance Director Authority to Veto Excessive Med Mal Rates

Missouri lawmakers voted recently to give the state insurance director the authority to veto medical malpractice rates that are “excessive” or otherwise inappropriate in an effort to help cut doctors’ insurance rates. The House gave final approval to (HB 1837) …

Report Says Mich. Needs to Bump Up Enforcement of Limo Safety Laws

The state of Michigan has scaled back its enforcement of safety laws related to limousines even as the number of limousines in the state has increased, according to a newspaper’s review published Sunday. In October, citing budget cuts, the Michigan …

Argonaut Group’s Great Central Introduces Mich. Liquor Liability Insurance Program

Great Central Insurance, a member of the Select Markets segment of Argonaut Group, Inc., announced today the addition of a liquor liability insurance program for the state of Michigan to its portfolio of specialized insurance products. Great Central’s liquor liability …

Rita Bus Fire Victims Reach Settlement

Victims of a bus explosion that killed 23 Texas nursing home patients fleeing Hurricane Rita have reached an $11 million settlement in their lawsuit against the bus company and travel broker, according to court documents. Global Limo, the owner of …

Texas Workers’ Comp Division Posts Newsletter Online

The Texas Department of Insurance, Division of Workers’ Compensation (DWC) announced it has posted the Spring issue of the DWC Workers’ CompUpdate newsletter on the agency Web site at www.tdi.state.tx.us/wc/news1/documents/wcupdate0605.pdf under “News and Publications.” The newsletter includes news and information …

IJ’s Top 100 Highlights Nation’s Largest Privately-Held Independent Agencies

Insurance Journal released its third annual Top 100 Property Casualty Independent Agencies list late last month and one of the nation’s largest networks of retail agencies came in as number one. Leading the pack of the nation’s largest privately-held P/C …

Rains, Floods Place Southern New England In State Of Emergency

More than five straight days of rain have flooded homes, businesses and roads, swelled riverbanks and placed a number of dams in southern New England under strain. The governors of Massachusetts, Maine and New Hampshire have declared states of emergencies. …

Hub International Acquires Northwest Aviation Broker Westar

Hub International Limited has purchased Westar Insurance Managers, based in Kirkland, Washington. The company will become part of Hub International’s Seattle-based operation (HUB Northwest). Terms of the transaction were not disclosed. With annual revenue of approximately $2.1 million, Westar provides …