July 6, 2006
A Leon County Circuit Court Judge has ordered Florida Select Insurance Company into rehabilitation according to Tom Gallagher, Florida’s CFO. Under the order, the company’s 70,000 homeowners policies are not cancelled at this time and the company may continue to …
July 6, 2006
Blanca Aparicio, manager of United Automobile Insurance Group’s Special Investigative Unit in North Miami Beach, Fla. was honored with the 2006 “Insurance Investigator of the Year Award” presented by the Florida Insurance Fraud Education Committee. The award is presented based …
July 6, 2006
Erie Indemnity Company (NASDAQ:ERIE) of Erie, Pa., is now included in the new NASDAQ Global Select Market. Prior to the change, the company had been listed on the NASDAQ National Market. The NASDAQ Global Select Market claims to have the …
July 6, 2006
According to Insurance Commissioner Matt Denn, the 2006 Delaware General Assembly session produced some positive accomplishments, but also left some of what he says are his pro-consumer initiatives undone. “There are a few we won and a few we didn’t,” …
July 5, 2006
An impenetrable defense and a killer penalty goal from its 34-year old captain, Zinadine Zidane, propelled France into the World Cup Football (Soccer) final tonight. The final score – France 1/Portugal 0 – doesn’t do justice to a match played …
July 5, 2006
The Commonwealth of Puerto Rico failed to file a timely appeal of a ruling by the U.S. Court of Appeals for the First Circuit, meaning an earlier federal court decision striking down Puerto Rico’s controversial countersignature law as unconstitutional is …
July 5, 2006
Westchester, Ill.-based Insurance Auto Auctions, Inc., has acquired Auto Disposal Systems Inc, or ADS, one of the largest independent salvage pool companies in the United States. The deal includes seven locations in Ashland, Ky., Buckhannon, W.VA, and in Cincinnati, Cleveland, …
July 5, 2006
In Illinois and Iowa, motorists can get tickets for not wearing seat belts. In Connecticut, they are prohibited from talking on cell phones. And in New Hampshire, motorists can be fined if they are involved in an accident while applying …
July 5, 2006
Flagstaff, Arizona – As the premium volume for Mexico tourist insurance continues to boom, fueled by an increase in the Hispanic market and escalating tourism to Mexico, another well-respected insurer has entered the market. ABA Seguros, GMAC’s Mexico Insurance subsidiary, …
July 5, 2006
Workers currently receiving Washington workers’ compensation wage-replacement or pension benefits will receive a 3.5 percent cost-of-living increase. State law requires that benefits be recalculated each July 1 to reflect the change in the state’s average wage from the previous calendar …