Monthly Archives: <span>February 2011</span>

Kneser Named Customer Service Rep of the Year

The Independent Insurance Agents & Brokers of America (IIABA or the Big “I”) and The Institutes is reminding the insurance industry to honor customer service representatives today, designated as Annual Accredited Customer Service Representative Tribute Day. Additionally, the Big ‘I’ …

Missouri: Consumers not Being Protected with Earthquake Insurance

On the 200th anniversary of the great New Madrid earthquake, Missouri’s insurance director says most homeowners would not be adequately protected from an earthquake today. John M. Huff, director of the Missouri Department of Insurance, says the number of consumers …

Accident Fund Insurance Names Haake Cos. as Its Agency of the Year

Michigan-based workers’ compensation insurance company, Accident Fund Insurance Co. of America, has named Haake Companies of Overland Park, Kan., as its 2010 Agency of the Year. “Haake has been a tremendous partner in writing a sizable amount of business with …

Former New York Insurance Regulator Tapped as Special Prosecutor

A New York district attorney is seeking a special prosecutor to investigate possible wrongdoing at a now-closed crime lab. Nassau County District Attorney Kathleen Rice says she will ask court approval to appoint Eric Dinallo to lead an investigation. Dinallo …

Texas Bill Would Increase Insurance for Owning Dangerous Animals

Texas Rep. Harvey Hilderbran of Kerrville has filed legislation aimed at elevating public safety and protecting animal health by strengthening the insurance and record-keeping requirements for privately-owned dangerous wildlife such as lions and gorillas. The bill would increase the amount …

Main Street America Group Reports Strong 2010 Results, Eyes Expansion

Jacksonville, Fla.-based The Main Street America Group reported that its 2010 financial results included 99.2 combined ratio, 9.1 percent net premium growth, a 16.8 percent return on equity and surplus growth of $78 million for the fiscal year ended Dec. …

Insurers Report 24% Rise in Suspicious Claims Since 2008

There has been a 24 percent rise in what insurance companies consider suspicious claims since 2008. In 2008, a total of 74,146 so-called questionable claims, or QCs, were referred to the National Insurance Crime Bureau from its member insurance companies …

57 South Carolina Homeowners Receive Mitigation Grants

South Carolina insurance officials this week awarded 57 grants to coastal homeowners for use in installing new roofing systems and taking other steps to fortify their homes against hurricanes. State Insurance Director David Black said the grants, totaling more than …

New York Man Arrested for Insuring 18 Unlicensed Family Members

A Middletown man who thought he was doing favors for unlicensed family members and friends by registering and insuring their cars was arrested for falsifying business records, the New York State Insurance Department reported. Ruben Godinez has been accused of …

South Carolina Debates Fine for Texting While Driving

People convicted of texting and driving will have to pay a $45 in fines under legislation that is up for debate in a South Carolina Senate committee. The Senate Judiciary Committee is discussing a measure that requires a $20 fine …