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

Let Private Markets Handle Most Disasters, Insurers Advise Congress

The best way for the federal government to help property owners recover from a natural disaster is to let private insurers do what they know, except in the case of a megadisaster, when federal aid would be needed. That was …

State of Markets Focus at Surplus Lines Conference

The current state of the surplus lines industry and its carriers will be the focus of the major program at the 2007 Western States Surplus Lines Conference, set for June 19-23 in Scottsdale, Ariz., at the Hyatt Regency Scottsdale Resort …

Calif. Farm Sues Taco Bell for Libel

The Southern California farm that grew the green onions that were first linked to and then cleared in last year’s E. coli outbreak has filed a libel lawsuit against Taco Bell Corp. Boskovich Farms Inc. filed the lawsuit in Orange …

First Montana Company to Offer Workers Comp Coverage Opens

The first private company based in Montana to offer workers compensation insurance has opened. Victory Insurance Company Inc. held an open house Wednesday, marking the opening of its headquarters on the top floor of the Veterans Affairs building. The company …

Derek Hughes/NAPSLO Foundation Establishes Two New Scholarships

The Derek Hughes/National Association of Professional Surplus Lines Offices (NAPSLO) Educational Foundation announced two new educational scholarships will be offered in honor of two industry professionals. Kurt Bingeman, a member of the Board Directors of the Derek Hughes/NAPSLO Educational Foundation, …

Calif. Hosts Hearing on Permanent Disability Rules

The California Assembly Insurance Committee is scheduled to hold a hearing at 9 a.m. this morning on workers’ compensation permanent and temporary disability. Since the workers’ compensation system was reformed in 2002 and 2004, employee groups have complained that benefits …

Texas Arson Council Honors Fire Investigators

A Texas Advisory Council on Arson (ATAC) reported it has honored two fire investigators for their work in education and law enforcement. The awards were presented March 22 at the 52nd Annual Texas Fire & Arson Investigators Seminar in Austin. …

Three Arrested in La. for Alleged Insurance Fraud Scheme

The Louisiana State Police Insurance Fraud and Auto Theft Unit recently announced the arrest of Jeomalyeous Thomas, 24, Eric Mayberry, 29, and Larry Henson, 27, on felony insurance fraud warrants stemming from an alleged 2005 fraud scheme. According to the …

Doctors in Ark. Stress ATV Safety after 3 Recent Deaths

Three recent deaths in all-terrain vehicle accidents in Arkansas, including a toddler and a teenager, are a reminder that ATV accidents are on the rise in the state, and doctors at Arkansas Children’s Hospital want to see the trend reversed. …

Ark. House Rejects Driving Restrictions for Teen Drivers

New driving restrictions for younger teenagers – including a ban on late-night driving and limits on passengers – were overwhelmingly rejected March 26 by the Arkansas House of Representatives. “Leave these kids alone,” Rep. Billy Gaskill, D-Paragould, told his colleagues …