Yearly Archives: <span>2006</span>

Texas Windstorm Underwriting Workshops Planned for May/June

The Texas Windstorm Insurance Association announced it will hold “underwriting basics workshops” in various locations throughout the state. TWIA noted that these workshops will help new agents/agency personnel gain the knowledge that is essential for the successful submission of applications …

TDI Clarifies Rules on Voluntary, Informal Work Comp Networks

The Texas Department of Insurance reported that it has received a number of inquiries from interested parties and legislative offices related to the continued existence of informal or voluntary workers’ compensation networks after the passage of House Bill 7 during …

TDI Orders Two Bond Companies to Cease and Desist

The Texas Department of Insurance announced it recently took action against two bonding companies operating in the Houston area. Both companies, International Fidelity & Surety Ltd. and Providential Surety Company Ltd., were issuing surety bonds without a license and therefore …

PCI : Study Shows Need for No-fault Reform in Minn.

The Property Casualty Insurers Association of America is calling for reform of Minnesota’s no-fault system. According to the national trade association, drivers in Minnesota pay more for insurance than drivers in most neighboring states due to a no-fault automobile insurance …

Progressive Drives Commercial Auto Into W.Va.

The Progressive Group of Insurance Companies has announced it is now offering commercial auto insurance in West Virginia. While Progressive’s commercial coverages are available directly to consumers by phone and over the Internet, the company said most consumers choose to …

Scam Artists Could be Lurking Around the Corner

When flood waters subside, one of the first things to surface is the scam artist. Officials in Texas and Louisiana have issued warnings about telephone finagling and in-your-face scams. Their advice: Guard your personal information. If you suspect somebody is …

Survey Reports Katrina Doesn’t Move Many Homeowners to Protect Their Investment

Despite Hurricane Katrina’s devastation, a new survey says that most Americans are not very concerned about buying flood insurance for their homes. Only 14 percent of Americans say they have purchased flood insurance for their primary residence, according to the …

S.C. Big ‘I’ Conference: Officials to Discuss Insurance Fraud, ‘Hot Topics’

Insurance fraud and “hot topics” facing the insurance industry will be discussed by South Carolina Attorney General Henry McMaster and Director of Insurance Elanor Kitzman during the March 22 and 23 annual Spring Conference and Exhibition held in Columbia, S.C. …

Tenn. Workshop Participants to Discuss Insurance Issues

Insurance issues will be one of the topics discussed during March 7 consumer workshops sponsored in Nashville by the Tennessee Department of Commerce and Insurance and the Tennessee Department of Financial Institutions. The workshops will be held at the Millenium …

Allianz Opens New Office in Shenzhen

Germany’s Allianz announced on its Web site (www.allianz.com) that it has launched its first joint life and non-life insurance Sales Center in Shenzhen, China. “The Center maximizes the synergies between Allianz’ life and non-life insurance operations in China and offers …