11/29/2008 News For: Commercial Vehicle Insurance In TexasESCONDIDO: Insurance requirements for cabs stirring debate ESCONDIDO ---- A recent decision to triple the liability insurance requirements for Escondido cab drivers has raised questions about the survival of small cab companies in the city. Terror insurance premium to rise With terror attack claims likely to wipe out over 70 per cent of the Rs 700-crore terror pool, insurers are expected to chip in with additional funds to replenish the corpus and raise the premium paid for terrorism insurance. Texas Woman Convicted of Insurance Fraud Among Bush Pardons President George W. Bush has granted pardons to 14 individuals, including a Texas woman sentenced in 1998 for her part in an insurance fraud scheme. Brenda Jean Dolenz-Helmer of Fort Worth, Texas, Jay Grob Joins Texas Wasatch Group as President and COO Texas Wasatch Insurance/TWG Insurance, a leading broker of auto insurance and homeowners insurance in Texas, is pleased to announce that Jay Grob has joined the company as President and Chief Operating Officer. A former senior partner of Bain & Company, Mr. Grob brings a wealth of experience to TWG's auto and homeowners insurance business. National Insurance foresees dip in motor insurance business The state-run National Insurance Company is apprehensive of a 1-2 percent drop in its motor insurance business from the ongoing month due to the economic slowdown, a top official of the company said Saturday. Celina Insurance Group to celebrate 50 years of business with Scharer Insurance CELINA - Celina Insurance Group recently announced it will celebrate 50 years of doing business with the Scharer Insurance Agency of Marion. Texas Attorney Sentenced in Insurance Fraud Case Eric Amoako, 51, of Houston, has been sentenced to federal prison for his role in an insurance fraud scheme, acting United States Attorney Tim Johnson announced Nov. 25. Amoako, a personal injury a Losses major factor in setting insurance costs The recent article on higher homeowners insurance rates in Alabama compares our average rate increase over the past five years with the national average. However, the article fails to compare losses in Alabama over the same past five years with the national average losses. Insurance companies pay settlements over claims investigations Two insurance companies have settled with the Nebraska Department of Insurance after the agency investigated consumer complaints. Conseco Health Insurance Co. agreed in October to pay a $25,000 fine and cooperate with the department on future complaints. Business Briefs • The Allstate Insurance Company has opened an agency in Johnson. Owned and operated by Carrie Davis, the full-service agency offers a complete line of products and services, including auto, property, commercial and life insurance, long-term care and annuities. The Carrie Davis Agency is located at 2025 Main Drive in Johnson. Office hours are 8 a.m. to 5 p.m., Monday through Friday. Evenings and ... |



