Yearly Archives: <span>2006</span>

News Briefs

Study questions value of liquor-server training Programs for modifying environments where alcohol is served, including bars and liquor stores, do not help reduce alcohol-related injuries, according to a new review of controlled studies. “There is no reliable evidence that interventions …

Danger: Paper can cause skin lacerations

We have all seen them, those annoying stickers on everything we buy warning us that this bag is not a toy, this or that small object is a chocking hazard, as if left to our own devices we would all …

Hurricane winds could be felt in professional liability markets

The professional liability market may be significantly affected by the increase in frequency and severity of hurricanes, causing greater rating agency scrutiny and changes to evaluation models. “The three recent hurricanes — Katrina, Rita and Wilma — will result in …

Fraud Roundup

Four Riverside, Calif., residents arrested for alleged fradulent auto theft claim Three Riverside, Calif., residents have been arrested on charges that they allegedly filed a fraudulent auto theft claim on a car that was later found in an orange grove …

The Texas Windstorm Insurance Association: Challenges and solutions

The 2006 hurricane season is looming and the insurance industry already sees dark clouds on the horizon. The Texas Windstorm Insurance Association is considerably under-funded in the event a major hurricane makes landfall in Galveston or Corpus Christi. Last year …

New Markets

HO-3 Homeowners in Texas Nuts & Bolts: The Republic Group, based in Dallas, introduced a new Homeowners Form 3 product in Texas. The company said the HO-3 is modeled after the ISO Homeowner form and is an all-perils product with …

People

Frank Vaccaro was named vice president of Information Services for Dallas-based Republic Companies Group Inc. He will report to Parker Rush, Republic’s president and CEO. Vaccaro most recently was assistant vice president – business segment partner of the financial departments …

10 Texas lawmakers close in on tax reform

Although it’s not perfect, agent groups support Perry-Sharp plan 10 Louisiana after the storms Insurance issues top lawmakers’ agenda 10 In case of emergency Get out fast but make sure documents are safe N1 Former Enron exec admits guilt Says …

Why agents oppose Sen. Sununu’s optional federal charter

The Independent Insurance Agents & Brokers of America, and New Hampshire, strongly oppose S. 2509, the National Insurance Act of 2006, introduced recently by our own Sen. John Sununu (R-N.H.) and his colleague, Sen. Tim Johnson (D-S.D.). IIABNH opposes federal …

Texas lawmakers close in on tax reform

News Currents Adhering to the Texas Tax Reform Commission’s recommendations, five bills aimed at providing long-term property tax relief passed the Texas House of Representatives in late April. While the tax reform legislation lowers the property tax rate, it broadens …