April 15, 2005
On behalf of Gov. Rod Blagojevich, Illinois State Police (ISP) Director Larry Trent and Illinois Department of Transportation (IDOT) Secretary Timothy Martin announced Thursday that the number of teen deaths on Illinois roadways dropped to its lowest rate since 1974. …
April 15, 2005
Carter “Cap” Peterson of Wayne, Nebraska was named 2005 Professional Agent of the Year by the National Association of Professional Insurance Agents during an awards luncheon on April 9, in Arlington, Va. Peterson was honored for his work on behalf …
April 15, 2005
Are you a family-owned and operated retail agency doing business in the West? If so, Insurance Journal wants to hear from you. IJ will be profiling family agencies in its May 9 West issue. If you would like to be …
April 15, 2005
Jack L. Watson, president of Collier Insurance Agency Inc., Blakely, Georgia has been selected to serve on the Certified Insurance Counselor’s Board of Governors according to an announcement from The National Alliance for Insurance Education & Research. The National Alliance …
April 15, 2005
Georgia enacted meaningful asbestos/silica litigation reform this week as Gov. Sonny Perdue signed House Bill 416, which requires that plaintiffs meet specific medical criteria before they can pursue an asbestos or silica claim in the court system. Georgia joins Ohio, …
April 15, 2005
West Virginia’s Workers’ Compensation Commission recently filed injunctions against two employers whose accounts with the Commission are reportedly in default. Injunctions were filed in Kanawha County Circuit Court against the following: • Stover’s Home Improvement Inc., a Kanawha County roofing …
April 15, 2005
West Virginia Gov. Joe Manchin deserves credit for not being dissuaded from his goal to seek legal and insurance reforms this year despite intense opposition from some within his own party and the state’s trial bar, a representative of the …
April 15, 2005
The Insurance Council of Texas reported it filed a lawsuit against the Texas Workers’ Compensation Commission challenging the agency’s proposed assessment of costly administrative penalties. ICT questions why TWCC has singled out insurers with such stiff penalties, most of which …
April 15, 2005
Raymond Williams, 68, the founder and, until December 2000, the CEO, of failed Australian insurer HIH, was sentenced to 4½ years in prison for his role in the Australia’s biggest corporate failure. He is eligible for parole in two years …
April 15, 2005
The waters of the finite reinsurance ocean continue to roil, as the Australian Prudential Regulation Authority (APRA) announced that it has launched an investigation into “certain reinsurance practices” involving the Australian subsidiary of Berkshire Hathaway’s General Re. The probe is …