Newsbriefs

MAINE CLARIFIES UIM LANGUAGE:

The Maine Supreme Judicial Court in a 5-2 vote has ruled that insurers may not restrict their liability under uninsured...

FLORIDA NEW HOME SALES PLUNGE:

Four successive hurricanes have resulted in gloomy real estate sales numbers in the areas hardest-hit by the hurricanes—bankers, realtors and...

ALLIANCE APPLAUDS PASSAGE OF SB 1500:

The American Agents Alliance congratulated State Senator Jackie Speier (D-Hillsborough) on the passage of SB 1500. Her legislation, which puts...

NOV. 9-11 EDUCATIONAL EXPOS IN FLORIDA:

Infinity University has scheduled Education Expos across Florida in November with educational exhibits, CE classes, professional field underwriting classes and...

GOV. WANTS HURRICANE REPORT:

Texas Gov. Rick Perry has directed state Homeland Security Director Steve McCraw to assess Texas’ ability to handle large-scale evacuations...

PAWTUCKET MUTUAL CANCELS IN N.Y.:

The New York Supreme Court recently affirmed the position of Rhode Island regulators that decisions on policy cancellations involving a...

LDI SAYS IVAN COSTS NEARLY $7.2M:

Louisiana Commissioner of Insurance Robert Wooley announced that the Louisiana Department of Insurance’s first estimate of Hurricane Ivan damage in...

N.J. APPROVES MIIX RECEIVERSHIP:

MIIX Insurance Co., a subsidiary of The MIIX Group in Lawrenceville, N.J., has been placed into receivership. The Superior Court...

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