Monthly Archives: <span>April 2006</span>

Trade Group Says Many Texas Homeowners are Underinsured

Reliable estimates reveal that between 50 to 70 percent homeowners do not have enough insurance to rebuild their homes in the event it is completely destroyed, according to a Texas-based insurance industry trade group. “It is unfortunate that many people …

La. Producer Accused of Pocketing Insurance Premiums

A Lake Charles, La., insurance producer was ordered to cease and desist operating in the business of insurance and received a summary suspension of his licenses for allegedly misappropriating insurance premium payments. Louisiana Department of Insurance Fraud Unit investigators served …

La. Credit Score Bill May Harm Consumers, AIA Says

The Louisiana House Insurance Committee has passed legislation (H.B. 318) regarding a ban on the use of credit scoring information from 2005, which will negatively affect consumers and the overall insurance market in Louisiana, according to the American Insurance Association …

Trade Group: Ill. Workers’ Comp Fee Schedule Lacks Expected Savings

The American Insurance Association today said an analysis by the National Council of Compensation Insurance (NCCI) of Illinois’ new workers’ compensation medical fee schedule provides the first indication that the medical cost savings predicted by some were off the mark. …

Fla. Insurance Council Describes Pending Legislation

The Florida House Insurance Committee and the House Fiscal Council have approved CS/CS/HB 7225, and according to the Florida Insurance Council, the next stop is the full House. FIC released a side-by-side comparison of insurance legislation now in the House …

Brian Corbett Joins QualCorp, Inc. as SR. Quality Control Engineer

Valencia, CA – Back in 2003 QualCorp, Inc. began the year with a stronger focus on quality control by establishing an elaborate software testing environment in which each customer version of FormsPlus Enterprise would be thoroughly tested. Allen Beggs, President …

Okla. Couple Charged in Charity Scheme

An Oklahoma couple has been charged with 30 counts of charity fraud after an investigation by Attorney General Drew Edmondson’s Consumer Protection Unit found the pair may have netted more than $230,000 from their scheme. Gregory Sean Anderson, 37, and …

N.D. Supreme Court Hears Arguments in 2000 Flood Damage Dispute

The North Dakota state Supreme Court is considering whether the city of Fargo should pay North Dakota State University $3 million for damage to campus buildings and equipment caused by heavy rain in 2000. The city is appealing East Central …

Ark. Outlines New Rules for Licensing Producers, Consultants, Adjusters

The Arkansas Insurance Department released an outline of requirements for resident applicants for insurance producer, consultant and adjuster licenses that go into effect May 1. Act 1697 of 2005, Ark. Code Ann. 23-64-506 (c), requires the department to conduct a …

Texas Fraud Committee Warns of Accident ‘Runners’

You’re involved in a minor traffic accident where there was little damage to either vehicle, no one was hurt, but police were called and a traffic accident report was filled out. Much to your surprise, someone claiming to be from …