Yearly Archives: <span>2012</span>

Consultant Burand Launches Agency E&O Blog on InsuranceJournal.com

Insurance agency consultant Chris Burand is launching a new blog on insurance agency errors and omissions (E&O) issues on InsuranceJournal.com In Burand’s Agency E&O Blog, the consultant will share E&O situations and solutions facing property/casualty insurance agencies. The blog, launched …

Insurance Think Tank Splits from Heartland, Reorganizes as R Street Institute

The insurance team at the conservative Washington, D.C. think tank Heartland Institute has split from that organization and has formed a new research and policy organization known as R Street Institute. The divorce came after a controversial anti-global warming campaign …

Massachusetts Regulators Urge Water Safety as Summer Season Begins

With the unofficial start of summer this past weekend, the Middlesex District Attorney’s Office in Massachusetts is kicking off a water safety education campaign for parents, caretakers and children. The “Splash into a Safe Swim Season” campaign by District Attorney …

Md. Officials Ask Homeowners: ‘Are You Ready for Hurricane Season?’

As the Atlantic hurricane season approaches, Maryland’s insurance regulators are asking homeowners, “Do you know what your homeowners insurance policy covers if your property is damaged?” The Atlantic hurricane season will officially get underway this Friday, June 1. Last August, …

New Oklahoma Law Caps Premium Tax on Captive Insurance Companies

A proposed new law that places a cap on premium taxes paid by captive insurers is expected to increase the number of companies conducting business in Oklahoma, state regulators say. Senate Bill 1617, requested by Oklahoma Insurance Commissioner John Doak, …

Burand’s Agency E&O Blog: Tip #1

Insurance agency errors and omissions (E&O) situations and solutions from consultant Chris Burand. Tip #1 When was the last time you checked to make certain your producers and agency staff were using current and up-to-date proposals? Using outdated material is …

Delaware Regulators Recovered $1.3M for Policyholders in 2012 Q1

Delaware’s Insurance Commissioner Karen Weldin Stewart said her department recovered $1,331,831 for the state’s policyholders during 2012 first quarter. Commissioner Stewart announced the first-quarter’s recovery amount last week. The breakdown of funds recovered in the first quarter is as follows: …

Study Suggests Continued Population Drop in Kansas

A decades-long decline in population is likely to continue in Kansas, particularly in the west of the state, and four counties could have fewer than 1,000 residents by 2040, according to a study by Wichita State University’s Center for Economic …

Nevada Lawyer Files Another Suit Over Motorcycle Helmets

An attorney has filed another lawsuit challenging southern Nevada’s authorities’ enforcement of a state law requiring motorcyclists to wear helmets. The Las Vegas Sun reported Travis Barrick is taking a different approach with his latest suit, three months after a …

Crews Work to Protect Structures in Michigan Wildfire

Crews worked on May 29 to ensure that no more structures were damaged by a wildfire burning across more than 30 square miles of Michigan’s Upper Peninsula as high winds in the forecast threatened to test firefighting efforts, an official …