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

Texas Sign Association Earns First Dividend from Texas Mutual

Texas Mutual Insurance Company announced a $20,255 dividend to the Texas Sign Association (TSA) Comp Group Inc. The workers’ compensation purchasing group, formed in November 2004, earned a dividend in its first year of eligibility. Texas Mutual purchasing groups are …

Oklahoma City Man Arrested For Home Repair Fraud

An Oklahoma City man was arrested this morning on allegations of home repair fraud after an investigation by Attorney General Drew Edmondson’s Consumer Protection Unit. Alan B. Holcombe, 49, was charged yesterday in Oklahoma County District Court with four counts …

Hawkeye-Security Offers New Web-based Disaster Planning Tool

Businesses insured through Des Moines-Iowa-based Hawkeye-Security Insurance, a member of the Liberty Mutual Group, will be among the first in the upper Midwest to use Open for Business, a free, web-based tool that allows them to plan for, and recover …

New Law Will Make Driving Without Insurance in Ill. More Costly

The penalties for driving without auto insurance are getting tougher under a new Illinois law. Starting next summer, uninsured drivers will lose their license for three months and have to pay a $100 fee to get it back. Anyone who …

Nation of Islam Leader Ordered to Pay Legal Fees by Ind. Judge

Nation of Islam leader Louis Farrakhan has been ordered by a federal magistrate to pay $4,052 in legal fees for a couple suing his son for his role in a traffic accident three years ago. U.S. District Magistrate Andrew Rodovich …

Tropical Storm Beryl Warning Continues for SE Mass.; Storm Watch Issued for Long Island

A tropical storm warning remains in effect as of 2 p.m. for southeastern Massachusetts from Plymouth to Woods Hole including Cape Cod and the islands of Nantucket and Martha’s Vineyard. The National Hurricane Center said rains from Tropical Storm Beryl …

Fla. Office of Insurance Regulation Implements New Format for Public Hearings

A new format for public hearings and plans to broadcast future hearings on cable television has been announced by Kevin McCarty, Florida Insurance Commissioner. There will be a public hearing in Tallahassee, Fla. Aug. 3 at 1 p.m. during which …

State Legislators Eye Market Conduct, Building Codes, Federal Charter

State legislators who deal with insurance issues in their legislatures back home are expected to discuss amendments to their market conduct model law as well as state building codes during their summer meeting that runs today through Sunday in Boston. …

Former W.Va. Agent Sentenced for Embezzlement

Shawn Edwin Linger, a former insurance agent in Clarksburg, W.Va. has been sentenced to one felony count of embezzlement according to Insurance Commissioner, Jane L. Cline. Linger was sentenced July 6 to one to 10 years in prison; however, the …

CFO Candidate: Fla. State Needs More Public Input in Premium Hikes, Not Less

Florida regulators aren’t getting enough input from the public before approving property insurance rate increases, state chief financial officer candidate Randy Johnson said Tuesday. Johnson, a Republican state representative from Celebration, Fla. has made the high cost and difficulty in …