Currents for July 2006
- While states adopt seat belts laws, 29 still balk at motorcycle helmets
- Fire officials on edge as California fires burn; state of emergency issued for San Bernardino
- Former FEMA director promotes government-industry disaster mediation
- Mass. Fair Plan plays catch-up on reinsurance, rates
- California agency approves change in auto insurance law
- Fidelity National P/C acquires Southern Family flood policies
- It Figures
- Industry cannot ignore Hispanic buying power
- W. Va. cracking down on 2,000 employers without workers’ comp
- Former FEMA director promotes state, federal disaster mediation
- Utah board recommends traffic tickets not be reported to insurers
- Sen. Smith unveils ‘comprehensive plan’ to fix Florida’s insurance woes
- Ind. county employees learn records stolen in computer theft
- California revises proposed mileage verification regulations
- Miss. housing grants increased by 35 percent
- Ill. Attorney General sues Liberty Mutual for alleged bid-rigging
- Auto Club of SoCal reduced rates take effect in December
- Agency compensation reflects organic growth, profitability and retention
- A separate survey
- New Mexico Insurance Deputy accused of soliciting funds
- Stock option timing scandal to be felt in D&O insurance
- Former FEMA director promotes state, federal disaster mediation
- Reforms pushing California workers’ comp rates, losses down
- Big ‘I’ exec tells agents federal charter is a ‘recipe for disaster’
- Vesta subsidiaries to be liquidated
- Safeco CEO: ‘We will sell to consumers in the way they want to buy’
- U.S. property/casualty industry posts record 1Q profits
- Going after unpaid claims
- Western states face mold danger despite dry climate
- ‘Adequate rate for the risk’ a big concern for industry executives
- Spokane diocese settles claims with two insurers
- Flooding in Pennsylvania destroys 518 homes
- Bid deadline for verification system looms
- Washington fines Geico $120,000 for credit-scoring violations
- Maryland tends to alcohol training
- Safeco CEO: ‘We will sell to consumers in the way they want to buy’
- Natural deposits of asbestos found in at least 20 states
- Boston’s Big Dig tragedy expected to trigger new wave of litigation
- Wind stays in ‘wind vs. water’ case, judge says
- FAIA cat team volunteers honored for helping during Hurricane Katrina
- N.Y. blasts ‘anemic’ workers’ comp anti-fraud efforts
- The virtual, global economy humbles insurance leaders
- Gov. Bush signs Florida auto insurance fraud legislation
- N.Y. lawmakers disappoint on property insurer; avoid workers’ comp reform
- Donelon orders insurers to extend hurricane claims period in Louisiana
- Csiszar tells agents major shift essential to entice carriers to Florida
- City hall suits
- Three insurers sue to recover claims paid in ’02 wildfire
- The virtual, global economy challenges, humbles insurance leaders
- Washington’s Ethel Adams legislation takes effect
- Risk mixing and matching with miscellaneous health care facilities
- Appeals Court rejects market-value loss claim
- Michigan helmet repeal legislation nixed by governor
- Golden State adopts new regulations to reduce worker injuries and death from high heat
- Industry pay increases running slightly above others
- California’s mandatory investment reporting unnecessary, insurers say
- New officers, award presentations among highlights of IIAT conference
- Appeals Court rules insurer’s indemnity obligation is joint and several
- Towing begins for thousands of cars flooded by Katrina and Rita
- Federal insurance antitrust exemption: Insurer, consumer friend or foe?
- Report not kind to FEMA regarding hurricane assistance
- California earthquake insurance rates decreasing
- Chevron to help prevent tobacco sales to minors
- Supreme Court: Workers’ comp premiums not priority in bankruptcy
- Citizens expects $3.05 B bond issue; appeal made to agents for help
- Slimmed-down SMART bill to reform surplus lines insurance regulation; brokers pledge their support
- Ga. commissioner says abolishing contingency commissions ‘a mistake’
- CEOs, concerned about capacity and pricing, stress underwriting discipline
- Lunch break
- Fraud Alerts:
- Wal-Mart to court: nix Maryland’s employee health benefit law
- Geller, McCarty collaborate on joint national catastrophe plan
- Geico defends auto rating criteria in N.J.
- Australian firm selling bogus amusement ride, P/L products in Kentucky
- Liberty expansion
- S.C. controversy erupts over raising auto limits
- Mass. agents seek 4% auto pay raise
- Washington policyholders to share in Aon settlement
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