October 8, 2012
Alabama is implementing a new system to crack down on the 900,000 Alabama vehicles without insurance. The system, set to launch Jan. 1, will verify within a few seconds whether a motorist is abiding by the state’s law requiring liability …
October 8, 2012
Alabama senior citizens will have easier access to courses that can qualify them for automobile insurance premium credits under a new state law that allows them to take the courses online. The courses test older drivers’ eyesight and offer refresher …
October 8, 2012
InsureZone, MSI Fort Worth, Texas-based InsureZone announced it has acquired Denver-based MSI Group, with agencies in 20 states. The purchase adds 63 agencies to InsureZone’s network/cluster program. MSI Group provides agency members with access to major carriers for personal lines …
October 8, 2012
Social media are changing the way insurance professionals do business. How can these forms of media, such as Pinterest, Twitter, Facebook and LinkedIn, help make your business more successful? And how can you protect yourself from the risks these media …
October 8, 2012
An Ohio court has ordered Home Value Insurance Co. into rehabilitation for inadequate capital and surplus. The rehabilitation order said that HVIC failed to maintain the $5 million minimum capital and surplus that is required by Ohio statutes and is …
October 8, 2012
Justices to Consider Questions Posed in Ewing Construction v. Amerisure One of the most fascinating aspects of writing the Legal Beat Column is that often issues that we discuss here seem to be “finally” decided, only to reappear again. For …
October 8, 2012
The cost of homeowners insurance claims has been rising rapidly because of the combined effects of rising claim severity and increases in claim frequency, according to an insurance industry report. An Insurance Research Council (IRC) study of homeowners insurance claim …
October 8, 2012
Homeowners, Hurricanes “I respectfully request that you utilize your existing authority to ensure that homeowners receive the insurance proceeds that they are entitled to.” —U.S. Senator Mary L. Landrieu, D-La., in a letter to HUD, urged that federal agency to …
October 8, 2012
A study concludes that firefighters aren’t capable of responding to calls within nationally recommended time frames in certain parts of Albuquerque and Bernalillo County in New Mexico. The Albuquerque Journal reported the International Association of Firefighters study points to limited …
October 8, 2012
One result of an improving economy is increased demand for commercial insurance coverages. The economy is improving, slowly. And the property/casualty insurance industry is seeing growth, as well. Don’t take my word for it. According to Dr. Robert Hartwig, president …