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

Missouri Appeals Court: Red Light Camera Law Invalid

The future of red light cameras in Missouri communities could be in jeopardy after a state appeals court panel ruled that most municipal ordinances governing the cameras are not enforceable. A Missouri Court of Appeals Eastern District panel said that …

People – Midwest

Mark Bates, president of Pinnacle Insurance Group of Indiana in Crown Point, Ind., has received the Independent Insurance Agents of Indiana’s 2013 Harry P. Cooper, Jr. Industry/Public Image Award. This award is presented in the name of Harry P. Cooper, …

Ohio Dump Truck Driver Repays More Than $19K in Workers’ Comp Benefits

An Ohio man was sentenced and repaid more than $19,000 to the Ohio Bureau of Workers’ Compensation (BWC) for working while receiving workers’ comp benefits. BWC began investigating Harry Livingston after receiving an allegation that he was driving a dump …

Immediate Notice Required, Euthanasia Allowed in Equine Mortality Policies

The main difference between livestock, or equine, mortality insurance and human life insurance is that a livestock owner, subject to certain conditions, may sometimes euthanize the animal and still collect policy proceeds, according to a Michigan-based attorney whose practice includes …

Farmers Insurance, Texas Reach Tentative Deal on Mold Claims

The state of Texas and Farmers Insurance want to settle decade-old claims of overcharging and underserving customers for $117.5 million, which would be one of the largest insurance settlements in state history but less than what some people wanted. The …

People – South Central

Mike Gerik, executive vice president of Texas Farm Bureau Insurance Cos., has been elected president of the Association of Fire and Casualty Companies in Texas (AFACT). Gerik, whose term as AFACT president runs for two years, also chairs the board …

Will Hurricane Katrina Legal Issues Be Resurrected in Sandy Claims?

It has been more than eight years since Hurricane Katrina made landfall on Aug. 29, 2005, and only slightly more than one year since Hurricane Sandy made landfall on or about Oct. 29, 2012. Following Hurricane Katrina, courts in Louisiana …

Interest in Flood Insurance Rises Following Central Texas Storms

More than a foot of rain inundated parts of Central Texas beginning late on Oct. 30. In the aftermath of widespread flooding, insurance agents in Austin say interest in flood insurance coverage has risen dramatically, according to the Insurance Council …

Declarations

Little Good “Looking into earthquake insurance after your home or business has sustained damage resulting from an earthquake will do little good to help you recover.” —Oklahoma Insurance Commissioner John D. Doak encouraged Oklahomans to purchase earthquake insurance after a …

Business Moves

R-T Specialty, Westrope Chicago-based national wholesale insurance broker R-T Specialty said it has agreed to merge with another wholesale broker Westrope, based in Kansas City, Mo. Terms of the transaction were not disclosed. Westrope has a national presence with concentrations …