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

Consumer, Civil Rights Groups: FTC Credit Score Report is Biased

Representatives of consumer and civil rights organizations have condemned a congressionally-mandated report on insurance credit scoring by the Federal Trade Commission (FTC) as biased insurance industry propaganda. According to a statement released by the National Fair Housing Alliance, the groups …

RMS: Current UK Floods not as Costly as Those in 1947

Despite the widespread devastation caused by this summer’s UK floods, the damage is not yet as costly as the March 1947 floods, which would have resulted in insured losses of £4.5 to £6 billion if it reoccurred today, according to …

New Okla. Insurance Verification Program Has a Sizable Hole

An auto insurance-verification program set to take effect in Oklahoma next summer does not address a growing number of uninsured drivers – those who are illegal immigrants. The new real-time system will allow law enforcement officers to immediately determine whether …

Hundreds Turn Out for Asbestos Screening in Dallas

More than 500 current and former residents of a West Dallas, Texas, neighborhood that was home to a vermiculite plant showed up for a recent asbestos screening, officials said. Parkland Memorial Hospital used a $250,000 state grant to X-ray up …

Montana Company Recalling Red Lodge Spring Water

A Billings, Mont., company is voluntarily recalling bottled water it produces under the Red Lodge Spring Water label after a positive coliform bacteria test, the state health department said. Yellowstone Ice & Water discovered the problem and immediately notified all …

Report: Up to 125 Evacuated after Mudslides Near Mountain Town

Mudslides damaged many homes and forced the evacuation of at least 125 people from the area around Alpine in Chaffee County, Colo., County Fire Chief Jim Wingert said. “It’s going to take a lot of work to bring Alpine back …

Insurance Referendum Appears Headed for Wash. Ballot

In its latest attempt to block a Washington regulation that insurers say would drive up insurance rates, the insurance industry association has launched a public campaign to take their issue to the ballot box. A campaign bankrolled by insurance companies …

Find out Why Best Insurance Agents Spend Less Money on Marketing but Sell More Policies than You Do.

Insurance agents, financial advisors and financial planners are wasting thousands of dollars on expensive bus bench advertisements, junk mail post card marketing, dinner seminars, yellow pages, and ineffective newspaper ads. On the other hand, top producers spend their marketing budget …

N.C. Lawmakers Approve Cap on Medical Malpractice Damage Awards

North Carolina lawmakers made a mild breakthrough last week on medical malpractice reform, agreeing to limit monetary damages in certain health care negligence cases. The bill would cap monetary damages in negligence cases involving a health care provider at $1 …

State Farm Settles with Another Mississippi Katrina Victim

State Farm Fire & Casualty Co. has settled another lawsuit with a policyholder whose home was destroyed in Hurricane Katrina. Neither side would release terms of the agreement reached Friday between the insurer and Judy Guice, of Ocean Springs. Guice …