Yearly Archives: <span>2006</span>

Western Security Surplus Names Peyton Vice President/Branch Manager in Los Alamitos, Calif.

Western Security Surplus Insurance Brokers Inc. based in Pasadena, Calif., has named Deanna Peyton to replace Rebecca Hill as vice president/branch manager at the Orange/San Diego county office located in Los Alamitos, Calif. Peyton began her insurance career nearly 20 …

Public Entity Business Product Introduced in S.E.

A new public entity business product to provide workers’ compensation for cities, towns, counties, and water and sewer districts has been announced by Key Risk Insurance Company. Coverage is available in North Carolina, Georgia, Tennessee and Virginia. The program is …

Spitzer Sues Major ‘Spyware’ Internet Company Over Pop-Up Ads

New York Attorney General Eliot Spitzer on Tuesday accused a major Internet pop-up advertising company of secretly installing spyware and sending ads through spyware already installed on personal computers. Spitzer sought a court order in state Supreme Court to stop …

W.Va. Schedules April Workers’ Comp Informational Meetings

Informational meetings describing West Virginia’s transition to the National Council on Compensation Insurance system of workers’ compensation have been scheduled in eight locations from April 10 to 20, according to Insurance Commissioner Jane L. Cline. NCCI is the oldest and …

Cleanup Begins After Storms Demolish Scores of Ark. Homes

Cheryl Ward stood next to her demolished house in Marmaduke, Ark., and put things in perspective. “None of this means anything when you’ve got one kid and your kid is safe,” she said. Nearly two-thirds of Ward’s home collapsed when …

Okla. Among ‘Moderate States’ When it Comes to Lawsuit Liability

Oklahoma’s civil justice system ranks No. 33 among states in a national survey of lawyers representing insurance companies and public corporations and was judged better than some nearby states that have restricted the size of lawsuit damage awards. The 2006 …

PIA of La. Goes to Washington

The Professional Insurance Agents of Louisiana (PIA) reported that several of the association’s members are set to meet with members of Congress in Washington, D.C. on April 6, 2006. Jared “Butsy” Martin, president of PIA of Louisiana and owner/principal of …

Delaware Senate Reaches Credit Scoring Compromise

The Delaware Senate has voted for compromise legislation that will allow insurers to continue to consider credit history information in the underwriting process. Insurance Commissioner Matthew Denn’s original bill had proposed banning insurers’ use of credit scoring in personal lines …

N.Y. Agents Relieved as Lawmakers Delete ‘Draconian’ Fines

Insurance agents have succeeded in removing from the New York State budget a provision to hike fines against insurance professionals. The Independent Insurance Agents & Brokers of New York, Inc., praised the Assembly and Senate for deleting a provision that …

U.S. Sens. Sununu, Johnson to Unveil Optional Federal Charter Plan Today

United States Senators John Sununu (R-N.H.) and Tim Johnson (D-S.D.) are scheduled to outline their proposal to allow life and property/casualty insurers to choose federal rather than state charters under an “optional federal charter” regulatory system at a press conference …