Monthly Archives: <span>April 2004</span>

The Republic Group Names Howey as VP

The Republic Group, based in Dallas, announced the appointment of Robert S. Howey as vice president and chief marketing officer. As the senior marketing officer, Howey will manage agency appointments, agency contracts, reinsurance, new product development and will provide specialized …

Allstate Case May End Use of Special Judges in La.

The use of administrative law judges to settle some legal disputes involving state agencies could be threatened by a lawsuit now before the Louisiana Supreme Court. According to Associated Press reports, the suit started in a flap over whether Allstate …

Montpelier Re Notes Net Income of $109 Million During Q1 Report

Bermuda-based Montpelier Re Holdings Ltd. reported net income of $109.0 million, or $1.59 diluted earnings per share, through March 31, 2004. The change in net unrealized gains on investments was $25.9 million for the quarter and comprehensive income was $134.9 …

W. Va. WCC Files Injunctions Against Pair of Employers

West Virginia’s Workers’ Compensation Commission recently filed injunctions against two state employers whose accounts with the Commission are reportedly in default. The injunctions were filed in Kanawha County Circuit Court against: * William E. Trail, d.b.a. Trail’s Chevron, a Jefferson …

Red River Services Launches in Texas

Red River Services recently announced the launch of its risk management, loss control and property inspection business in Houston and Dallas, Texas. The organization is up-and-running, ready to help insurance companies, managing general agencies (MGAs), third party administrators and employee …

Vermont Home to Record Lawyer Population

Vermont has reached a new milestone: the number of lawyers is at a record level. So is the number of lawyers per capita. Vermont now ranks in or near the top 10 states for its supply of lawyers. Vermont has …

Md.’s Mikulski, Conn.’s Kennelly Hit Benefit Ruling

Sen. Barbara Mikulski, D-Md., wants to find a way to block a federal commission’s support for a proposal that would allow employers to cut health benefits for retirees who qualify for Medicare. Last week, the Equal Employment Opportunity Commission voted …

Acquisition of Oxford to Boost UnitedHealth’s Share of Region’s Fortune 500 Firms’ Business

With its planned acquisition of Oxford Health Plans Inc., UnitedHealth Group is turning its focus on boosting insurance enrollment to the more than 90 Fortune 500 companies in Connecticut, New York and New Jersey, company officials said. The economy in …

Allmerica Reports Improved P&C Earnings for Q1

Allmerica Financial Corporation (NYSE: AFC) in Worcester, Mass. reported net income for the first quarter of $12.1 million, or $0.23 per share, compared to net income of $37.1 million, or $0.70 per share in the first quarter of last year. …

WTC Jury Ends 6th Day of Deliberations

The federal jury in New York, which is deliberating over the terms of the binding agreements governing the recovery for the destruction of the World Trade Center (See previous articles) has ended the sixth day without reaching a verdict. Judge …