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June 2009
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Agents Warned Of Fake Regulators’ Scam

by Insurance Headlines - Jun 08,2009

Authorities issued a “Scam Alert” yesterday warning that imposters were posing as insurance department employees targeting agents and brokers in Nevada and California seeking confidential personal data. Nevada Insurance Commissioner Scott Kipper said in the announcement that his division received reports ... [full story]

Air Bags May Be Harmful to Your Thumbs

by The New York Times - Jun 19,2009

Ken Thompson says that one second his right thumb was just fine, and then it was almost torn off. What happened in between was that the driver’s-side air bag deployed. Dr. Thompson, a psychiatrist who lives in Pittsburgh, was honking the ... [full story]

Bad text messaging, e-mailing manners can be costly

by Reuters - Jun 16,2009

NEW YORK (Reuters) - A political coup in New York's statehouse can be traced back to an incident in which a top lawmaker so enraged a wealthy backer by peering at e-mails on his BlackBerry that his patron engineered his ... [full story]

Calif. Plan To Cut Penalties On Insurance Crime Protested

by National Underwriter - Jul 01,2009

Four anti-fraud groups have written California Gov. Arnold Schwarzenegger, criticizing his budget proposal to downgrade most insurance crimes from felonies to misdemeanors. The governor has advanced the idea as a method to save on prison costs. But, the organizations warned in their ... [full story]

California to probe insurers on Iran investments

by - Jul 01,2009

SACRAMENTO, Calif.—California Insurance Commissioner Steve Poizner on Monday said he will probe California’s domestic insurers to ensure they comply with a state law prohibiting companies based in the state from investing in Iran. “State law prohibits California insurance companies from investing ... [full story]

Climate change: Here now and intensifying

by - Jun 18,2009

U.S. scientists say climate change in the form of regional drought, higher temperatures and heavy rainfall is now common in many parts of the nation. The scientists representing 13 U.S government agencies, universities and research institutes say the human-induced ... [full story]

Coastal coverage fix sought amid wider storm fears

by AP Associated Press - Jul 01,2009

Gary and Janice Gilbert were expecting bad news when insurer USAA told them the policy for their home just north of Wilmington would jump about 20 percent if the Gilberts wanted to renew it in July. The state insurance commissioner ... [full story]

Colorado State forecasters lower Atlantic hurricane prediction

by Reuters - Jun 04,2009

MIAMI — The Colorado State University forecast team reduced its 2009 Atlantic hurricane season forecast Tuesday to 11 tropical storms, of which five will become hurricanes. In its April forecast, the noted CSU team founded by forecasting pioneer Bill Gray, said ... [full story]

Credit Scoring Ban Fails In Conn., Flex Rating Bill Renewed

by National Underwriter - Jun 10,2009

A bill that would have banned credit scoring in Connecticut was altered and then died in the Senate at the end of a legislative session characterized as “challenging” by one insurance industry representative. Paul Tetrault, Northeast state affairs manager for the ... [full story]

Crist close to decision on property insurance bill

by - Jun 22,2009

TALLAHASSEE — Both supporters and opponents of a bill that would partially deregulate Florida’s property insurance market are fiercely lobbying Gov. Charlie Crist as he nears a decision about whether to sign the bill or follow his apparent instinct to ... [full story]

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