Yearly Archives: <span>2006</span>

Trade Group Says Many Texas Homeowners are Underinsured

Reliable estimates reveal that between 50 to 70 percent homeowners do not have enough insurance to rebuild their homes in the event it is completely destroyed, according to a Texas-based insurance industry trade group. “It is unfortunate that many people …

Texas Agent Group Announces Support for Governor’s Tax Plan

The Independent Insurance Agents of Texas, representing nearly 1,800 independent insurance agencies statewide, announced it has endorsed the Perry-Sharp tax relief and school finance plan. Tax reform and school financing is currently being debated in a special session of the …

La. Producer Accused of Pocketing Insurance Premiums

A Lake Charles, La., insurance producer was ordered to cease and desist operating in the business of insurance and received a summary suspension of his licenses for allegedly misappropriating insurance premium payments. Louisiana Department of Insurance Fraud Unit investigators served …

La. Credit Score Bill May Harm Consumers, AIA Says

The Louisiana House Insurance Committee has passed legislation (H.B. 318) regarding a ban on the use of credit scoring information from 2005, which will negatively affect consumers and the overall insurance market in Louisiana, according to the American Insurance Association …

Rockwood Enhances Employment Practices Liability Products

Rockwood Programs has announced significant changes to its existing Employment Practices Liability Insurance (EPLI) policy. The enhanced coverage form will be available in all jurisdictions with the exception of California on April 17, 2006. The changes include the following: * …

Trade Group: Ill. Workers’ Comp Fee Schedule Lacks Expected Savings

The American Insurance Association today said an analysis by the National Council of Compensation Insurance (NCCI) of Illinois’ new workers’ compensation medical fee schedule provides the first indication that the medical cost savings predicted by some were off the mark. …

Fla. Insurance Council Describes Pending Legislation

The Florida House Insurance Committee and the House Fiscal Council have approved CS/CS/HB 7225, and according to the Florida Insurance Council, the next stop is the full House. FIC released a side-by-side comparison of insurance legislation now in the House …

Cliff Dugan Named Managing Partner, St. Louis Agency, John Hancock Financial Network

Clifford L. Dugan Jr. has been named managing partner of John Hancock Financial Network’s St. Louis agency, according to the company’s recent press release. The St. Louis Dugan General Agency is located at 73 Clarkson Rd., Ellisville, Mo., with satellite …

Brian Corbett Joins QualCorp, Inc. as SR. Quality Control Engineer

Valencia, CA – Back in 2003 QualCorp, Inc. began the year with a stronger focus on quality control by establishing an elaborate software testing environment in which each customer version of FormsPlus Enterprise would be thoroughly tested. Allen Beggs, President …

PWIB Texas Adds Huffman, McCall

Beckie Huffman and Andrea McCall have joined Dallas-based insurance wholesale firm PWIB Texas, according to Robin Stough, PWIB president and chief executive officer. Huffman, associate underwriter, has 16 years’ experience with leading wholesalers in the Dallas area. McCall will serve …