Monthly Archives: <span>June 2006</span>

Exciting News! New Commercial Contractor Facility!

Las Vegas, NV – The principals of Summit Insurance Services and HDR Insurance Services have formed a joint venture, Pinnacle Insurance Program Managers, Inc., effective June 1st 2006. Pinnacle’s business mission is to develop unique products and programs providing a …

LA Police Investigating Whether Elderly Pair Scammed Third Man

Los Angeles police are investigating the traffic death of a third man linked to a pair of elderly women accused of taking out insurance policies on two transients who later died in hit-and-run crashes. The latest suspicions arose when investigators …

Old Car Insurance Law Catches Some Oklahomans Unaware

A law implemented in the early 1990s designed to catch uninsured motorists instead has caused mostly innocent Oklahomans to have their drivers’ licenses suspended – and in many cases, they don’t even know it’s happened. The state Legislature passed the …

Liverpool’s Manager Calls for FIFA to Pay Up for World Cup Injured Player

Liverpool, England, manager Rafael Benitez hit out at FIFA Saturday, saying clubs should be compensated when their players are injured while on international duty. Benitez’s outburst came days after France and Liverpool striker Djibril Cisse broke his leg in a …

La. Lawmakers Closing in on Insurance Adjuster Licensing Bill

Insurance adjusters in Louisiana would be licensed and ruled by a comprehensive set of regulations, under bills nearing final legislative passage. The legislation is in response to complaints among owners of damaged homes after Hurricane Katrina who said they were …

Quake Strikes SE Japan

An earthquake measuring magnitude 6.2 struck the Southeastern peninsula of Japan’s main Island, Honshu, early Monday morning (local time). No deaths have been reported but at least five people suffered minor injuries. The quake’s epicenter was in was in Oita …

S.D. Surpreme Court Rules Couple Can Collect from Two Insurance Policies

A couple injured in a crash caused by an uninsured driver can collect from two insurance policies, both their own and the one that covered the vehicle they were riding in, the South Dakota Supreme Court said its ruling. The …

Oxendyne Tells Ga. Big ‘I’: Abolishing Contingency Fees ‘A Mistake’

Abolishing contingency commissions and making them illegal would be a mistake, John Oxendine, Georgia Insurance Commissioner, told more than 800 agents attending the 109th Annual Convention, Trade Show and Young Agents Conference in Amelia Island, Fla. from June 7 to …

Davis Makes Proposals to Fix Florida’s Property Insurance Problems

Windstorm insurance companies would have to cover water damage caused by hurricanes under a proposal Democratic gubernatorial candidate Jim Davis released June 9, part of a multi-pronged proposal to solve the problems facing hurricane insurance customers in Florida. Among the …

Judge Orders ‘Rock, Paper, Scissors’ Game to Settle Dispute

A federal judge in Tampa, Fla. miffed at the inability of opposing attorneys to agree on even the slightest details of a lawsuit, ordered them to settle their latest dispute with the hand-gesture game of “rock, paper, scissors.” The argument …