Newsbriefs

FLOWER MOUND IM-PROVES PPC RATING

Flower Mound, Texas, has improved its public protection classification with the Insurance Services Office from a class 5 to a...

QUAKE TO COST $1 BILLION

The insurance industry could pay up to $1 billion in claims to people whose property was damaged by the earthquake...

FRANKEL BACK ON HOME TURF

Martin Frankel, the rogue financier who led the world on a massive manhunt in 1999, was returned to the United...

INSWEB, ALLSTATE TEAM UP

InsWeb and Allstate Insurance Co. have entered into a two-year service agreement under which Allstate will market its auto, homeowners,...

VALUE OF THE AGENT ENFORCED

Results of an extensive countrywide survey by Progressive Insurance showed that while people ages 18 to 34 were more likely...

FAULTY COMP CALCULATIONS

Tacoma, Wash.-based Labor Ready owes the state close to $500,000 because it misclassified employees when calculating workers’ compensation premiums. Auditors...

PUSHING THE ‘FLEMING FIX’

The Oregon Senate Business, Labor and Economic Development Committee moved a bill designed to correct a controversial state Supreme Court...

ACCELERATION INTO LIQUIDATION

The Franklin County [Ohio] Court of Common Pleas granted an order on Feb. 28 placing Acceleration National Insurance Company, an...

SPECIAL PRESENCE IN ARIZONA

Arizona has awarded State National Specialty Insurance Co. a certificate of authority for writing multiple lines of insurance. This authorization...

NO LIMIT TO WRAPAROUNDS

SB 44, a bill that limits the use of consolidated insurance programs (CIPs), commonly known as wrap-around insurance programs, would...

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