Monthly Archives: <span>March 2008</span>

People

Kenneth A. Bowles has been named the 2008 PIA National Professional Agent of the Year by the National Association of Professional Insurance Agents. Bowles was honored for his work on behalf of professional insurance agents, his commitment to the highest …

W. Va. Cracks Down on Drunk Drivers

The West Virginia Legislature has passed a bill cracking down on drunken drivers. Under legislation sent to Gov. Joe Manchin, first-time offenders with blood-alcohol levels of .15 or greater would be required to have interlock systems installed in their cars. …

New Markets

The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Hackers Nuts & Bolts: Coverage for unauthorized access to electronic communication systems (hacker) is being …

Famed Miss. Trial Attorney Scruggs Pleads Guilty to Trying to Bribe Judge

Star of cases against insurance, tobacco and asbestos industries faces prison, fines and loss of lawyer’s license Mississippi attorney Richard “Dickie” Scruggs used a mix of bare-knuckle tactics and country-lawyer charm to extract billion-dollar settlements from cigarette makers, asbestos companies …

People Wisconsin-based Wausau Insurance recently announced that Michael Parker has been appointed executive vice president — Field Operations. Parker will have oversight responsibility for all Wausau field sales and underwriting divisions. Over a 30-year career with Wausau, he held increasing …

Four Charged in 1999 Arson Fire at Michigan State University

More than eight years after a New Year’s Eve fire at Michigan State University, four people have been indicted related to an arson incident federal authorities said was an act of domestic terrorism. The government said the defendants had ties …

Tort Systems Study Provides Officials with Guidelines

In the competition for jobs and capital investment among the states, those states that suffer from high tort costs and litigiousness will continue to lose jobs and businesses to states with superior tort systems. In case you missed it — …

To Perpetuate or Sell – It’s a Big Decision to Make

Agencies that choose to remain independent can do so with hard work, industry consultant says If you run your business as if you will choose to perpetuate you’re maximizing value,” says John Wepler, president of the consulting firm Marsh Berry …

Indiana One of First States to Ban Tax on Insurers for Accident Responses

Some call it ‘double taxation;’ others easy money Indiana recently became one of the first states in the country to pass legislation prohibiting the practice of municipalities charging fees for accident response runs, when Senate Enrolled Act 81 was sent …

Wisconsin Bill Requiring Fire-Safe Cigarettes Passes Assembly

All cigarettes sold in Wisconsin would have to be the type that automatically extinguish when they’re not being smoked under a bill that has passed the Assembly. Wisconsin would join 22 other states in requiring that only fire-safe cigarettes be …