07/08/2009

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SHOULD FLORIDA MANDATE EDUCATION FOR INS REGULATORS?... Florida regulators are blatantly injecting politics into rate making — as if they just don’t understand the process... More

Property/casualty rates drop in June: ..“Smart insurers are retaining their capacity until sensible risk return ratios are available,” Mr. Kerr said in the statement. “Poor underwriting results are pending for some major insurers. Expect significant market movement in the next 12 months with clear winners and losers.”

Florida Rep., Allstate Insurance Agent Patterson Joins Race for CFO...During his tenure in the Florida Legislature, Atwater supported lowering property insurance rates. He backed the Capital Investment Tax Credit Program and ...

Precident: Louisiana Supreme Court: Payment by Insurer Establishes Liability...Automobile Club Inter-Insurance Exchange (2008-C -2810), the high court undertook to "determine whether an carrier's unconditional payment of monies to its ...

Alabama-made SUVs rank at top and bottom of insurance cost list...Insure.com also ranked insurance costs among minivans. The average annual premium for Honda's Alabama-built Odyssey is $871, compared to $1021 for the most ...

Farmers Insurance Offers Green Homeowners Product in Texas...In addition to Texas, the product is already available in 28 other states: Alabama, Arizona, Arkansas, California, Colorado, Idaho, Illinois, Indiana, Iowa, ...

Jackson's $25M Concert Insurance Could Take Months to Sort Out... ABC News has learned that concert promoter AEG purchased a $25 million insurance policy to cover its now-cancelled ...

F.A.I.A. 2009 Exhibit Hall Gallery HERE!

L.A.A.I.A. 39th Annual Convention
July 15-19, 2009 — Hollywood, FL  —  INFO
HERE!

F.Y.I. EXPO!
August 6-8, 2009 — Duluth GA — INFO
HERE!

Kim Riley Named President of First Horizon Insurance...Riley has more than 25 years of experience in the insurance business. She joined First Tennessee Insurance Services in 2004 as senior vice president and ...

Editorial: Teen fatality rank in TN should get attention...News that the state of Tennessee ranks sixth in the nation in teenage driving deaths should spark lawmakers to review the state laws that deal with teenage ...

Digital maps may hinder obtaining flood insurance on local coasts...The Coastal Barrier Resources Act, established in 1982, prohibits most federal expenditures, including federal flood insurance, that promote development in ...

'Death by Cell Phone' billboards placed in Florida...Sponsored by Nationwide Insurance Company and Lamar Advertising, the billboards span across 67 markets and 37 states and feature Linda, a 61-year-old wife, ...

Insurers Open Storefronts, Raise Rates To Adjust To New Reality..."Buying health insurance has become such a complex decision that Blue Cross and Blue Shield Florida is trying a new sales tactic: storefronts near big malls ...

Kevin McCarty Claims: Insurance veto was to ease consumer pain...In fact, 40 new companies have come into the Florida insurance market since 2007. While these reforms have strengthened Florida property insurance market, ...

Wall Street Journal: Ironic Gratitude for FL Gov Charlie Crist,,,Charlie Crist of Florida for showing us exactly what happens to an insurance market when a taxpayer-funded "public plan" (Florida's Citizens Property ...

Florida Homeowners Scurry to Track Down State Farm Insurance ...Fair disbursements to claims, as well as a quick turnover on policy claims was the name of the game for State Farm Florida after the dreadful hurricanes of 2004 and 2005; which left Florida with all-encompassing damages on the property ...

Jury says Starr, Greenberg can keep AIG shares...A jury Tuesday ruled in favor of Starr International Co. Inc., the company led by former American International Group Inc. chief Maurice R. Greenberg, in its court battle with AIG over a control of a block of shares that AIG accused its former affiliate of improperly taking in 2005.

Insurance fraud costs all in SC...“With the state of our economy, more and more people in South Carolina are turning toward insurance fraud. They think it's a quick fix for their personal ...

South Carolina Insurance Chief Faults Legislative Audit of Department A report by the auditing arm of the South Carolina Legislature has concluded that the state insurance department overall does a good ...

Florida's Security First Insurance Agency Featured in Rough Notes ...According to Rough Notes Magazine, Security First Insurance Agency has an Unfair Advantage in the Florida Insurance Market.

Most  SE Region homes still underinsured for hurricanes... local high unemployment and record foreclosure rates, any insurance may seems like a luxury to many homeowners, and not just in Florida. ...

Bank of America's Bad Loans Top $7 Billion, Credit Suisse Says...The bank, based in Charlotte, North Carolina, charged off $6.9 billion of loans in the first quarter, he said. Bank of America, first in the nation by ...

Response to Accident Essential to Car Insurance Claims...Incidentally, drivers without car insurance are 10 times more likely to get into a car accident and actually be in need of coverage, according to the ...

States seek tests for older drivers...... a license renewed has helped cut the death rate among drivers 80 and older by 17%, according to researchers at the University of Alabama at Birmingham. ...

Will Pet Insurance Save on Vet Bills?...Then, if your dog or cat gets a disease, has an accident or needs surgery, insurance pays part of the bill, usually around 80 percent. Georgia Veterinary ...

Tax protesters celebrate with Atlanta Tea Party...Georgia Insurance commissioner and Republican candidate for Governor, John Oxendine, speaks to a crowd of about 200 gathered for the Atlanta Freedom Rally ...

Allstate Floridian gets a new name: Castle Key...Mike Sheely, Allstate Insurance's Florida field vice president, said that the Florida companies have enough backup coverage to pay claims. ...

Biden: Blames Bush, 'We misread how bad the economy was'... "Now, that doesn't -- I'm not -- it's now our responsibility. So the second question becomes, did the economic package we put in place, including the Recovery Act, is it the right package given the circumstances we're in? And we believe it is the right package given the circumstances we're in," he told me.

PAPER: Saudis may ignore Israeli jets en route to Iran... The head of Mossad, Israel’s overseas intelligence service, has assured Benjamin Netanyahu, its prime minister, that Saudi Arabia would turn a blind eye to Israeli jets flying over the kingdom during any future raid on Iran’s nuclear sites.

US manned space flight in doubt 40 years after moon walk... US ambitions to send astronauts back to the moon as a prelude to missions to Mars have been put in doubt by budgetary constraints 40 years after man's triumphant landing on Earth's nearest neighbor.

WIRE: California's Nightmare Will Kill Obamanomics...The California morass has Democrats in Washington trembling. The reason is simple. If Obama’s health-care plan passes, then we may well end up paying for it with federal slips of paper worth less than California’s.

China riots: 140 people killed as Muslim separatists go on rampage...Hundreds of rioters have been arrested, the official Xinhua news agency reported, after rock-throwing Uighur people took to the streets of the regional capital on Sunday, some burning and smashing vehicles and confronting ranks of anti-riot police.

New York City ignores Al Gore -  has 'coolest June since 1958'... THIS JUNE IS TIED FOR THE 8TH COOLEST ON RECORD. THE AVERAGE TEMPERATURE WAS 67.5...3.7 DEGREES BELOW NORMAL...WHICH ALSO
OCCURRED IN 1897.

Colin Powell worries Obama tackling too much... Colin Powell worries that President Barack Obama is trying to tackle too many big issues at one time and he offers this advice: take a hard look at costs and consider the additional red tape that will be created.

CHICAGOLAND: 4 dead, 22 wounded in 6 hours over holiday weekend...At least eight people were killed and some two dozen others were wounded over the weekend. Four of the victims lost their lives during a bloody six hours late Saturday and early Sunday.

Republicans consider Sanford question as people call for resignation...While South Carolina Republican Party officials worked on their response to Gov. Mark Sanford's recent admission of ...

33000 Consumers helped so far in 2009; $8 million in insurance ...In the first six months of 2009, Insurance Commissioner John Oxendine's Consumer Services and Managed Care Divisions had helped ...

MSN: 50% more watched Jackson memorial than Obama inauguration... According to MSN.com, the site received its biggest traffic spike ever during the Jackson event, with 50% more people watching the memorial than watched Barack Obama's presidential inauguration.

Copyright laws threaten online freedom; Governments restrict right to communicate...Copyright was meant to encourage culture, not restrict it. This is reason enough for reform. But the current regime has even more damaging effects. In order to uphold copyright laws, governments are beginning to restrict our right to communicate with each other in private

U.S. warns of multiple al-Qaida plots... Last week, German authorities discovered that groups of terrorists may have been dispatched from training bases in Pakistan to launch crippling attacks.

PALIN: 'Obama is growing government outrageously and it's immoral'... Sarah Palin is in a long-sleeved blue T shirt that reads "Go Slam a Salmon, Peter Pan Seafood" on the back, brown drawstring Capri cargo pants and sneakers, with a ponytail and a beautiful French manicure. She looks tired under her TV makeup.

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