Yearly Archives: <span>2006</span>

People and Places

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 …

WHISTLEBLOWER HELPING IN HURRICANE KATRINA LAWSUIT

A high-profile litigator in Moss Point, Miss., said a whistleblower is helping him build a case against insurers that allegedly denied thousands of claims from policyholders whose homes were destroyed in Hurricane Katrina. Richard “Dickie” Scruggs, who helped secure a …

TDI’s Selden explains department’s high tech, high touch approach

Texas Department of Insurance Senior Associate Commis-sioner for Consumer Affairs Audrey Selden had a good news/bad news story for the insurance industry when she spoke at the Austin Insurance Day, sponsored in early March by the Austin Association of Insurance …

Leverage agency resources by retaining your talent

(Editor’s note: This is the fifth in a series of articles offering “best practices” suggestions for the hiring process in the independent agency. More information is available at iiat.org under Agency Management.) In previous articles, Paul Martin and I have …

Hang up and drive

As anyone who’s ever been a teenager, parented a teenager or even been around a teenager, that is to say–everyone except, perhaps, those who are currently teenagers–can attest: Teenagers driving cars are, like, scary, dude. Sorry, teens, the numbers don’t …

States addressing widening tragedy of teen driver deaths

A new report uncovers the wider tragedy of fatal car crashes involving teen drivers and is putting new impetus behind state efforts to limit passengers in teenagers’ cars. Over the past decade, nearly two out of three victims in fatal …

Take the pollution out of your D&O policy

Is your directors and officers policy polluted? Shareholders and environmental groups are taking a closer look at the environmental disclosures made by public companies. The U.S. General Accounting Office issued a report in July 2004, questioning the transparency of environmental …

KAN. AND MO. LEGISLATURES CONSIDER PROPOSALS TARGETING INSURANCE FRAUD

The Coalition Against Insurance Fraud is reporting that the Kansas and Missouri legislatures are considering proposals that would require insurers to report suspected frauds and allow the insurance department to issue cease-and-desist orders more quickly. The Kansas House recently approved …

Leverage agency resources by retaining your talent

(Editor’s note: This is the fifth in a series of articles offering “best practices” suggestions for the hiring process in the independent agency. More information is available at iiat.org under Agency Management.) In previous articles, Paul Martin and I have …

Case Law Watch

Actions and Proceedings Northwestern National Insurance Company v Carlson Minn. App. March 7, 2006) Ruling: An insured’s cause of action against a liability insurer for breach of its contractual duty to indemnify does not accrue, and, therefore, the statute of …