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The Underwriter's Insider - Vol 6 Issue 1


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---- BREAKING NEWS -----

State Farm Florida asks for review of conditional pull-out plan...State Farm Florida Insurance has filed a petition with the Division of Administrative Hearings in Tallahassee asking for a review of ...

FLORIDA CFO SINK TAKES LEGAL ACTION AGAINST PEOPLE’S TRUST AGENCY... Florida Chief Financial Officer Alex Sink took legal action to prevent People’s Trust Insurance’s Managing General Agent (MGA) from using unlicensed agents to sell its homeowners insurance.  The action follows an investigation by CFO Sink’s Department of Financial Services showing that People’s Trust MGA, LLC is using some unlicensed agents to sell homeowners’ insurance.

Americans Believe They're Savvy About Insurance, But NAIC ...Does auto insurance automatically cover a rental car? 2. Can you own a house without homeowners insurance? 3. In general, how much life insurance is ...

Airlines Slash Fares to Fill Up Empty Seats...Travelocity, an online booking service, estimates that airfares for the 100 most popular domestic and international routes have fallen to 24-month lows and are 40% lower than last June, when they peaked.

Homeowners Choice assumes Florida Citizens policies, boosts earnings...The company assumed about 55000 policies from Citizens Property Insurance Corp., Florida’s state-backed homeowners insurance company, in the fourth quarter, ...

'Super speeder' fine would boost Ga. trauma care..."Super speeders" who drive extra fast on Georgia's highways would pay an extra $200 fine under a bill that lawmakers hope will ...

Record Number Now Think Global Warming Is “Exaggerated”...Although a majority of Americans believe the seriousness of global warming is either correctly portrayed in the news or underestimated, a record-high 41% now say it is exaggerated. This represents the highest level of public skepticism about mainstream reporting on global warming seen in more than a decade of Gallup polling on the subject.

Nancy "Nasty" Pelosi peeved when G5 jets not available... Representatives for Judicial Watch, which obtained e-mails and other documents from a Freedom of Information request, said the correspondence shows Diva Pelosi has abused the system in place to accommodate congressional leaders and treated the Air Force as her "personal airline."

Police Union Accuses Obama consort Wm. Ayers in Deadly 1970 San Francisco Bombing...A San Francisco police union has accused former domestic terrorist William Ayers, co-founder of the Weather Underground, and his wife in a 1970 bombing that killed one sergeant, the San Francisco Chronicle reports.

Artificial life 'could be created within five years'... Laboratories across the world are closing in on a "second genesis" - an achievement that would be one of the greatest scientific breakthroughs of all time.

Squires announces candidacy for 2010 Georgia insurance ...Mary Squires announced her candidacy for Georgia Insurance Commissioner today, becoming the first candidate to enter the race. “I am excited to be the first ...

NASA commands Mars orbiter to reboot its computer...NASA has successfully commanded the Mars Odyssey spacecraft to reboot its computer.

Children of Older Men Suffer Lower IQ..."The older a dad is, the worse his children tend to do in intelligence tests," said study leader John McGrath from the University of Queensland...

Nancy Pelosi: The Jennifer Lopez of congressional travelers...Reading through the e-mail exchanges between DoD officials and Pelosi’s staff, you can’t help but feel very, very sorry for the men and women in uniform who have to put up with this woman — and even sorrier for all of us taxpayers who are footing her carbon footprint-expanding bills.

PAGLIA: Obama's clumsy, smirky staff is sinking him... Yes, free the president from his flacks, fixers and goons -- his posse of smirky smart alecks and provincial rubes, who were shrewd enough to beat the slow, pompous Clintons in the mano-a-mano primaries but who seem like dazed lost lambs in the brave new world of federal legislation and global statesmanship.

• IT'S TEA PARTY TIME!...On April 14, Insurance Commissioner John Oxendine, a 2010 gubernatorial candidate, will be a prominent Fair Tax speaker. He has called for a constitutional ...

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Insurers limited on credit score use,,,"Especially in this economy, it takes advantage of people who might be in a precarious financial situation through no fault of their own. "Auto insurance ...

Tennessee ranks 42nd on overall health, well-being...Tennessee is ranked 42nd in the nation in terms of well-being and overall health, including physical ...

GOP leaders bash Dems spending...“I think the president missed a golden opportunity to really fulfill his campaign commitment to not sign bills that have a lot of wasteful spending and are overburdened with earmarks

On Your Side: Car break-ins could be on the rise. Are you protected?...We're beginning to see that here in Georgia" said David Colmans of the Georgia Insurance Information Service. So what does it cost to have your car broken ...

Florida Cabinet to consider hiking Citizens Insurance rates...Property taxes and property insurance will share center stage Tuesday as Florida legislators get back to work for the ...

Lobbyist, Former Lawmaker Squires Running for Georgia Insurance Post...Squires is the first candidate to enter the race to succeed John Oxendine, the Republican incumbent who is running for governor. Squires was elected to the ...

 Lawmakers will likely let Florida rate freeze expire..."We have an insurance crisis in the state of Florida and expanding Citizens is not the solution; it's actually a bigger problem," said House Majority Leader ...

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The White House Misfires on Limbaugh...Presidents throughout history have kept lists of political foes. But the Obama White House is the first I am aware of to pick targets based on polls. Even Richard Nixon didn't focus-group his enemies list.

Struggling Consumers Reduce Insurance Coverage to Cut Costs...... damage caused by a driver with little or no insurance -- the insured driver may be stuck footing the bill for an accident, even if they aren't at fault. ...

Ford Targets $55 in Hourly Pay ...Ford Motor said it will lower wages and narrow the pay gap with its foreign competitors under a labor agreement ratified by UAW members on Monday.

Survey: Americans' low insurance IQ hurts finances...... which covered several areas of insurance: _ Auto: Just 41 percent knew that auto insurance does not automatically cover a rental car. ...

EBay Retreats in Web Retailing ...EBay Inc., a onetime Internet star that thrived with its pioneering auction model, is retreating from its strategy of competing across the board in online retailing as it contends with its own missteps and changing consumer behavior.

Ten of the weirdest insurance policies...As a Costa Coffee taster insures his tongue for £10m, here are 10 other unusual risks covered by the Lloyd's insurance market. ...

Man survives plunge over Niagara Falls...A man went over Niagara Falls and survived Wednesday afternoon, one of the few people to ever survive the plunge unprotected, authorities said.

Citizens Property Insurance to sell $2.5 billion of bonds...Florida's state-run property insurer plans to begin selling $2.5 billion of bonds next month to raise funds for claims from the coming ...

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