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

Top Insurance Stories in 2007 in Midwest

From storms that flooded the Midwest destroying homes and business in the summer to a court ruling that could have a significantly negative impact on the medical malpractice insurance market in the state of Illinois, 2007 was a year to …

Baltimore Suffers Deadliest Fire Toll Since 1998

Thirty-four people have died in fires in Baltimore this year, making 2007 the city’s deadliest year of fires since 1998. Baltimore City Fire Marshal Bob Doedderlein says the victims didn’t have working smoke detectors in 10 of the 24 fires. …

Top Insurance Stories in 2007 in Southeast

High heat, changing winds put reputations on the line. 1. Florida’s gamble “It’s all about rates,” maintained Sam Miller, of the industry’s Florida Insurance Council. Florida lawmakers in January passed controversial legislation they hoped would lower Floridians’ skyrocketing property insurance …

Top Insurance Stories in 2007 in East

New leaders tackled old issues and the region battled fire and rain. 1. No day at the beach Insurance markets for coastal properties continued to challenge insurers, agents, policymakers and property owners, despite an inactive hurricane season. For the most …

Berkshire Hathaway Gets Expedited License In N.Y. for Bond Insurer

Berkshire Hathaway will have its municipal bond insurance company licensed in New York much quicker than normally, the New York State Insurance Dept. said Friday afternoon. Superintendent of Insurance Eric R. Dinallo said his department will complete licensing by Monday …

Oregon Detectives Seek Victims of Insurance Fraud

Portland Police Bureau Fraud Detectives and investigators from the State of Oregon Insurance Division of the Department of Consumer & Business Services have executed a search warrant at Trautman Perrin & Hale Insurance in connection with an ongoing investigation of …

Hawaii Authorizes Adjusters to Assist with Storm Claims

Hawaii’s Department of Commerce and Consumer Affairs (DCCA) Insurance Division has issued an order to authorize additional nonresident independent adjusters to help homeowners and businesses with their insurance claims, following the recent storms that battered the state and caused extensive …

S.C. Court: Illegal Immigrant Workers Hurt Should Get Compensation

Illegal immigrants who are injured on the job are entitled to workers’ compensation, the South Carolina Supreme Court ruled. The court issued the opinion after an employer claimed a Mexican citizen who injured his right eye on a demolition job …

Washington Makes Insurance Plea for Storm Damage Victims

Washington Insurance Commissioner Mike Kreidler has asked insurance companies and other regulated entities to take voluntary steps to ensure that homeowners, businesses and consumers affected by December’s winter storms don’t suffer additional unnecessary hardship. The Insurance Commissioner’s plea is a …

Dyadem’s Houston Office to Focus on Energy Risk Management

Risk Management Solutions Provider Dyadem recently opened its U.S. headquarters in Houston, Texas. Dyadem’s Houston office will address the needs of its existing and rapidly growing U.S. customer base, particularly in the petrochemical and refinery industry, the company announced. Dyadem …