Yearly Archives: <span>2006</span>

Agency Advisor

In previous articles, Paul Martin and I have shared key strategies for recruiting, hiring and training employees. While designed to be effective and efficient, the processes we outline, nevertheless, require significant agency resources-resources that can only be leveraged if you …

Homeowners – Texas

New Markets Nuts & Bolts: Arrowhead General Insurance Agency Inc., based in San Diego, Calif., is rolling out a new homeowners program in Texas. Coverage highlights in-clude: Specified additional amount of insurance-Coverage A-allows up to 25 percent additional coverage in …

News Currents

TDI’s Selden explains department’s high tech, high touch approach And tells a good news/bad news story along the way Texas Department of Insurance Senior Associate Commis-sioner for Consumer Affairs Audrey Selden had a good news/bad news story for the insurance …

Louisiana, Texas look to bonds for cat funding

With record hurricane losses in back to back seasons, states along the U.S. Gulf Coast are aiming to boost reserves for their insurers of last resort through the issuance of catastrophe bonds. Louisiana is hard at work drumming up financial …

Texas insurers see profits despite Hurricane Rita

Texas home insurers turned substantial profits last year despite Hurricane Rita’s destruction, prompting state regulators to question whether some companies’ rates are too high, the Associated Press reported. Most of the state’s home insurance companies posted big earnings in 2005, …

Case Law Watch

Auto-Liability Fields v. American Central Insurance Co. (La. App., 2nd Dist., March 8, 2006) Undated named driver exclusion endorsement sufficient to defeat coverage: Lensing was involved in a June 18, 2003, auto accident while driving a truck owned and insured …

Editor’s Note: Hang up and drive

A recent study by the AAA Foundation for Traffic Safety revealed that the majority of people killed in crashes involving teenaged drivers are people other than the teen driver themselves. As anyone who’s ever been a teenager, parented a teenager …

News Currents

Bailey challenges Scruggs: ‘Put up or shut up!’ Recent developments in the Mississippi wind vs. flood case and statements by attorney Richard “Dickie” Scruggs about having information from one or more whistleblowers are serious allegations and he should be challenged …

Kristin Wall

Louisiana Workers’ Compensation Corporation named Kristin Wall, president and chief operating officer, to replace Steve Cavanaugh as chief executive officer. Cavanaugh tendered his resignation at the March 16 Board of Directors meeting. Wall has been chief operating officer for six …

Poe/Southern Family changes Fla. underwriting

News Currents Poe Financial Group has notified Florida agents for thousands of policyholders that its South-ern Family Insurance Company will no longer renew or insure new homeowner or commercial lines business. The company said its other insurance companies, Atlantic Preferred …