Yearly Archives: <span>2006</span>

Networked Insurance Agents Unveils New Online Multi-Carrier Business Owners Policy Rating System

Networked Insurance Agents, Grass Valley, Calif., has launched an online multi-carrier rating system, NLink CL, for small commercial lines. The quoting tool is available to Networked’s 1,000-plus affiliates and will initially provide on-line multi-carrier business owners policy (BOP) quotes, with …

Hull & Co. Acquires Assets of High Country Insurance Managers

Hull & Co. Inc. has acquired the assets of High Country Insurance Managers LLC, which has offices in Lakewood, Colo. “This is a great acquisition for us as it doubles our strength in Colorado and the surrounding areas, and adds …

Lexington Launches Web Site for Architect & Engineer Information

Lexington Insurance Company, a member company of American International Group, Inc., launched a new online site, www.lexaehelp.com, to provide information to professionals carrying architects and engineers liability insurance. The new Web site was created to provide insureds with access to …

Texas Theft Council Elects Officers for 2006

The Texas Action Council on Theft, a non-profit coalition of insurers and law enforcement officials, announced their elected officers for 2006. Elected as chairman was Gary Endicott; regional administrative manager for SAFECO, Dallas; vice chairman, James Langford, vice president of …

Texas Workers’ Comp Division Sets Discount and Interest Rates

The Texas Department of Insurance Division of Workers’ Compensation has determined that workers’ compensation interest or discount rates from April 1 through June 30, 2006 should be at the rate of 8.26 percent. This rate is computed by using the …

La. Attorney General Investigating Humane Society, Red Cross

Louisiana Attorney General Charles C. Foti, Jr., recently announced that his office has opened inquiries focusing on the Humane Society of the United States (HSUS) and the American Red Cross in the aftermath of Hurricanes Katrina and Rita. The AG’s …

La. ‘Bridge Loan’ Program for Businesses Tapped Out – Again

A state-created loan program for Louisiana businesses damaged by the hurricanes and waiting for government help, insurance dollars or other assistance again has run out of cash, despite adding another $30 million to the pool less than three weeks ago, …

Consumer Federation’s Hunter: Protect Rebuilding La. Homeowners

Louisiana insurance regulators should prevent homeowner insurance companies from raising rates and canceling policies so residents hit by hurricanes Katrina and Rita have coverage while they rebuild, an official of the Consumer Federation of America says. Bob Hunter, a former …

Flood Insurance Policy Provides Up to $15 Million in Limits

The Chubb Group of Insurance Companies has introduced Personal Flood Insurance to help homeowners protect their homes and possessions from damage due to one of the most common and costly natural disasters. The policy, offered with limits up to $15 …

SIAA Written Premium Tops $4 Billion

Strategic Independent Agents Alliance (SIAA) out of Hampton, N.H., reports that it continued its growth in 2005 in terms of new Independent Strategic Members added and new written premium. According to SIAA, SIAA topped $4 billion in overall written premium …