Monthly Archives: <span>August 2010</span>

Texas To Review More Insurance Premiums

The Texas Department of Insurance is about to change its longtime policy of allowing uncontested insurance rate increases of up to 50 percent without interference, officials said. State regulators will require insurance companies to justify “unreasonable’” premium rate increases under …

Louisiana Wants More Disaster Loans Forgiven by Feds

One in five of the Louisiana sheriffs, school boards, parish councils and other storm-ravaged local government agencies who borrowed federal funds after hurricanes Katrina and Rita won’t have to repay a dime of the loans. Those 11 agencies — in …

Big Quakes More Frequent Than Thought on San Andreas Fault

Southern California is overdue for a major earthquake, according to UC Irvine and Arizona State University researchers who have charted temblors along the San Andreas fault stretching back 700 years. The findings, to be published in the Sept. 1 issue …

Magnolia Independent Insurance Joins Iroquois Group

Magnolia Independent Insurance of Magnolia, Texas, has joined The Iroquois Group, according to agency principal James E. McDonald. Magnolia Independent Insurance was founded in 2010. Iroquois is a network of property and casualty insurance agencies nationwide and lists more than …

Pinnacol Tells Court Records Should Remain Private

Colorado’s quasi-governmental workers’ compensation insurer Pinnacol Assurance has testified that records concerning a private business incentive event should remain private — yet a state judge disagrees. In 2009, an investigative reporter for the local Channel 7, KMGH-TV, requested under the …

Church Fraud Hurts Both Congregation and Insurers

Church music director Carva White faced the music after launching an unholy plan to burn down his house of worship for an insurance payout. White played hymns for the Sunflower Missionary Baptist Church in Leavenworth, Kan. He recruited the head …

Washington Workplace Fatalities Decline

The federal Bureau of Labor Statistics has released its preliminary statistics for 2009, reporting that work-related deaths declined in Washington state last year to numbers not seen since 2000. The BLS, which produces an annual Census of Fatal Occupational Injuries, …

For veteran producers, service and prospecting are the same thing

Ask any successful producer in our business what is the single most important activity or skill they attribute to their success, and you’ll hear a variety of responses like: Developing relationships, presentation skills, the ability to close, coverage analysis, developing …

Oklahoma Republicans to Determine Insurance Commissioner Candidate Tuesday

Oklahoma will be holding a runoff between two Republicans hoping to be the state’s insurance commissioner during its primary election on Tuesday. All registered Republicans will be able to cast a ballot because of the statewide insurance commissioner’s race. Oklahoma …

Insurance Women of Los Angeles Names Communication Winner

The Insurance Women of Los Angeles has named Gail McKenzie its Confidence While Communicating (CWC) Speak-Off winner, followed by runner-up Darlene “Chris” Lipka. McKenzie, who is a loan service specialist at the West Hills office of Bank of America, will …