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

Fla. Finance Office Forms Task Force on Citizens’ Claims Handling and Resolution

In an ongoing effort to improve Citizens’ policyholder and applicant services, Florida Chief Financial Officer Alex Sink announced appointees to the legislatively-created Task Force on Citizens Property Insurance Claims Handling and Resolution. The first meeting took place Monday at the …

Corps Plans to Close La. Ship Channel Blamed for Katrina Flooding

The U.S. Army Corps of Engineers said it wants to build a $50 million earthen dam to plug a New Orleans-area ship channel blamed for much of the flooding from Hurricane Katrina. The announcement at a meeting in Chalmette, a …

Minn. Senate Fails to Advance Good Faith Insurance Proposal

The Minnesota Senate put a halt on a so-called insurance reform bill that has bedeviled lawmakers this session. What had been called the “good faith” insurance provision would have made it easier for consumers to sue insurance companies over denied …

Okla. Commissioner Flexes Regulatory Muscle in Marketing Flap

Oklahoma Insurance Commissioner Kim Holland is flexing her regulatory muscle in an investigation of Medicare marketing that has uncovered misconduct by some insurance agents, The probe led to an appearance before a U.S. Senate panel where she complained that federal …

NetRate Systems, Inc. Joins AAIS

OKEMOS, MI – NetRate Systems, Inc. (Okemos, MI) has completed membership requirements for partnering with the American Association of Insurance Services (AAIS) of Wheaton, IL. NetRate, a leading supplier of Commercial and Personal Lines Rating Systems, utilizes AAIS data in …

Agent Association Says Wash. Fair Conduct Act Bad Idea

The Professional Insurance Agents (PIA) of Washington has issued a statement, noting it is discouraged by the decision of Governor Chris Gregoire to sign Washington’s ESSB 5726 into law. The law, which will take effect on July 22 and is …

Insurers Try to Prevent Losses in Wildfire Hotspots

Spooked by devastating wildfire seasons, the nation’s top insurers are inspecting homes in high-risk areas throughout the West and threatening to cancel coverage if owners don’t clear brush or take other precautions. The inspections have angered homeowners and watchdog groups …

Sinking Idaho House Not Covered by Insurance

Tresia Stones woke up one morning last month to discover her Idaho house was settling into a sinkhole, cracks creeping across the ceiling and gaps appearing between the floor and the walls. Stones gathered her family and moved everyone out …

Calif. Workers’ Comp Permanent Disability Cuts Ruled Not Legal

A Workers Compensation Appeals Board judge has invalidated California’s rating schedule that cut injured workers’ permanent disability compensation. According to the California Applicant Attorneys Association, Judge Jacqueline Duncan ruled in Scott Boughner vs. Comp USA Inc. and Zurich North America …

Siebert Named to ESOP Association’s Outstanding Board of Governors

Caryn Siebert, CEO of claims management and consulting company Carl Warren & Co., in Placentia, Calif., has been named the 2007 Outstanding Board of Governors Member by the ESOP Association. The award was presented at the association’s 30th Annual Conference …