Monthly Archives: <span>June 2013</span>

Declarations – Midwest

Complex, Time Consuming “Sometimes these cases can be complex and time consuming, but the division should always strive to act as quickly as possible to investigate bad actors and protect consumers” —South Dakota Gov. Dennis Daugaard has asked for a …

10 Things to Know About Entertainment, Sports & Special Events

The average cost of a wedding in 2012 was $25,656. (Travelers) The average wedding insurance premium for a $25,000 wedding ranges from $320 to $420. (Reuters, Travelers) 24 percent of wedding insurance claims in 2012 were related to vendor problems; …

$1B Rebate to Ohio Employers Approved

The directors of Ohio’s insurance fund for injured workers unanimously approved Gov. John Kasich’s proposal to send rebate checks ranging from $5 to more than $3 million to businesses, local governments and schools. About 210,000 businesses and public employers would …

People – East

New Hampshire’s Executive Council has unanimously confirmed the reappointment of Roger Sevigny to another five-year term as the state’s insurance commissioner. New Hampshire Gov. Maggie Hassan nominated Sevigny to another term in May, pending final approval and confirmation by the …

Regulators Examining Insurers’ Cyber Security Readiness

New York’s top financial regulator has asked some of the largest U.S. insurance companies to disclose details on their preparedness for cyber attacks, following a similar request to major banks earlier this year. The New York State Department of Financial …

N.Y. Reaches Agreements With 4 More ‘Force-Placed’ Insurers

New York officials announced that the state’s “force-placed” insurance reforms will now cover 100 percent of the New York market after the New York State Department of Financial Services (DFS) reached agreements with the four remaining New York force-placed insurers …

4.2M U.S. Homes at Risk of Storm-Surge Damage: CoreLogic

More than 4.2 million homes along the U.S. Atlantic and Gulf Coasts are located within storm-surge risk zones, totaling more than $1.1 trillion in property exposure, according to residential property information and analytics firm CoreLogic’s 2013 storm surge report. “Public …

Declarations – East

Getting Drivers’ Licenses “This bill is first and foremost about public safety.” —Connecticut Gov. Dannel Malloy on House Bill 6495 that would allow immigrants residing in the state to obtain driver’s licenses regardless of their legal statuses. The governor signed …

Survey: Texting While Driving Common Among N.J. Drivers

New Jersey auto insurance group Plymouth Rock Assurance released a distracted driving study that found nearly 50 percent of those polled said they have in the past asked a driver to stop texting while the car was in motion. This …

Can You Have It All?

One question often asked of women but not of men in the business world is: Can you have it “all”? Is it possible to have both a successful career as an independent agent and a family? That’s something men never …