Monthly Archives: <span>March 2007</span>

Ohio Supreme Court to Decide if Governor’s Veto on Limits Law Valid

Republican lawmakers asked the Ohio Supreme Court on Friday not to dismiss their lawsuit challenging a veto that Gov. Ted Strickland carried out on his first day in office. The court has a constitutional duty to decide if Strickland and …

Texas Regulators Order Homeowners Carriers to Justify Rates

The Texas Department of Insurance (TDI) announced Mar. 9 it will require the state’s homeowner insurance carriers to file and justify their current rates this spring. This action is taken in light of 2006 loss ratios, recent changes in the …

Man Sues Ind. Pacers’ Mascot, Alleging Tackle Caused Injury

A man is suing the Indiana Pacers and the performer who portrays its feline mascot, alleging the 6-foot-tall performer permanently injured him when he was tackled during a free-throw shooting contest. Nathaniel Jackson, who lives in northern Indiana’s Adams County, …

Markel Acquires Black/White Social Services Business

Markel Insurance Company has agreed to acquire the social services program business of Black/White & Associates Insurance Brokers. The transaction is scheduled to close on April 1, 2007. Black/White’s Alameda, Calif., location will become a Markel Insurance Company underwriting and …

Regulators Release Annual Report

The National Association of Insurance Commissioners (NAIC) released its 2006 Annual Report, “Mapping Milestones,” a comprehensive summary of the NAIC’s progress during the past year. “As we celebrated the NAIC’s 135th Anniversary in 2006, it is only fitting for our …

Fireman’s Fund Introduces Data Compromise Coverage

Fireman’s Fund Insurance Company has introduced Data Compromise, a coverage and service solution for businesses that provides legal consulting, customer notification services and credit monitoring as well as identity restoration for customers, employees and others affected by a data breach. …

Number of Texas Job Injuries, Illnesses Requiring Days off Work Drops

A total of 69,340 nonfatal occupational injuries and illnesses involving days away from work were reported in Texas private industry for 2005 according to the most recent data from the Bureau of Labor Statistics (BLS) Survey of Occupational Injuries and …

La. Isn’t the Only Coastal State With Insurance Troubles

Eighteen months after the hurricanes, “crisis” is the term everyone uses to describe Louisiana’s insurance problems. The governor spends much of her time begging insurance companies to continue doing business in Louisiana, hoping that more competition will bring rates down. …

Dodd Blasts Insurance Industry Response to Hurricanes

U.S. Sen. Chris Dodd, a Democratic presidential hopeful, said he’s angry with the insurance industry’s response to the 2005 Gulf Coast hurricanes and said Mar. 9 he will hold senate committee hearings on insurance issues. Dodd, chairman of the Senate …

Allstate: La. Insurance Chief Overstepped Authority on Policies

Allstate Insurance is resisting an order from Louisiana’s insurance department to reinstate 4,700 homeowner policies that the company canceled in four parishes hit by Hurricane Katrina. Louisiana Insurance Commissioner Jim Donelon said that Northbrook, Ill.-based Allstate Co. could face fines …