Yearly Archives: <span>2008</span>

Iowa County Puts Brakes on Mandatory Liability Insurance for Bicyclists

Dallas County, Iowa has put the brakes on a proposed bicycle policy requiring liability insurance for any organized ride with more than 20 people. On Tuesday, June 24, supervisors delayed a vote after meeting resistance from cyclists who say it …

Everest Opens Up Distribution of its Environmental Insurance Products

Everest Indemnity Insurance Co., a U.S. insurance subsidiary of Everest Re Group, Ltd., said it will now offer its environmental insurance products directly to the wholesale and retail markets. Formerly these products were only available through an exclusive arrangement with …

Florida-based Setnor Byer Insurance & Risk Adds Nicholson

Florida-based Setnor Byer Insurance & Risk and its affiliate, The Human Equation, hired Keith Nicholson to serve as vice president of finance. Nicholson brings 20 years of accounting experience to the firm, and comes equipped with a 2-20 insurance license, …

Insurers Accuse Florida Regulators of Changing Rules in Mid-stream

The National Association of Mutual Insurance Companies said a seemingly innocuous rule change proposed for Florida’s insurance system could further dissuade insurance companies from doing business in the state. The proposed “Informal Conferences; Repeal” addresses the required procedure for insurers …

Towerstone Adds Broker, Underwriter and Account Representative

Dallas-based wholesale insurance broker and managing general agent Towerstone Inc. has added a new broker, underwriter and account representative to its team. Chris Rohrer was hired as a property broker and will focus on energy and non-energy property business. Rohrer …

Judge’s Ruling Clears Way for Insurance Settlements in Louisiana

A ruling by a federal judge in New Orleans has cleared the way for thousands of Louisiana Road Home applicants to settle claims against their insurance companies, a lawyer for hundreds of homeowners said. An order issued June 23 by …

North Carolina Lawmakers Consider Restricting Pickup Bed Riding

A North Carolina House judiciary committee approved a plan to further restrict riding in open pickup truck beds. House Bill 2340 prohibits anyone under age 16 from riding in the flatbed of a pickup truck. Current law allows children as …

Hurricane Chief: Funds, Research Can Improve Hurricane Forecasting

The National Hurricane Center’s director says his organization would need tens of millions of dollars over the next decade for research to reduce substantially the errors in forecasting the intensity of hurricanes. In an interview with The Associated Press on …

States Back House Holocaust Insurance Act

The National Association of Insurance Commissioners (NAIC) is supporting a measure to provide an ongoing mechanism for dealing with Holocaust insurance claims. The U.S. House Financial Services Committee has reported out of committee H.R. 1746, the Holocaust Insurance Accountability Act …

Insurers, Tech Firms, Consumers Agree on Electronic Health Record Rules

A major consumer group, insurers together with Google Inc. and Microsoft Corp. said Wednesday they have agreed to standards intended to speed adoption of personal electronic health records. The electronic medical record field remains in its infancy. While U.S. privacy …