Monthly Archives: <span>June 2005</span>

Fla. CFO Blasts Allstate for Increasing Its Rates Before Public Hearing

After an announcement by Allstate Insurance Company early June 23 Florida’s CFO Tom Gallagher issued a highly-critical press release blasting the company for its actions and has instructed Insurance Commissioner Kevin McCarty to intervene to stop Allstate from “circumventing the …

Dixieland Music Kicks FAIA Exhibit, Conference Into High-Gear

A Dixieland jazz band, the Swing Sisters and a strolling magician entertained more than 1,000 Florida agents on June 22 as the Florida Association of Insurance Agents opened afternoon exhibits at the Gaylord Conference Center in Orlando, Fla. In mid-afternoon, …

Conn. Gov. Rell Likely to Sign Med-Mal Bill Despite Insurers’ Concerns

Insurers are urging Connecticut Gov. Jodi M. Rell to veto a medical malpractice reform measure that is sitting on her desk but Rell’s office has indicated she will likely sign the measure within the next few weeks. The Property Casualty …

WTC Twin Towers Investigators Urge Improved Skyscraper Safety

A federal agency that investigated the fires and collapses of the World Trade Center’s twin towers following the September 11, 2001 terrorist attack today recommended changes in building standards, fire codes and emergency response methods to improve the safety of …

MassMutual Alleges ‘Willful Abuse of Authority’ in Firing CEO O’Connell

The board of directors of the Massachusetts Mutual Life Insurance Company in Springfield, Mass. today announced that it terminated for cause Robert J. O’Connell’s employment as the company’s chairman, president, and chief executive officer, effective immediately. On June 2, 2005, …

Arizona Wildfire Grows; Firefighters Gaining on California Blaze That Destroyed 6 Homes

A number of multimillion-dollar homes were in danger of falling Thursday in Arizona as firefighters for another day did battle with a wildfire that was threatening an area some 20 miles from Phoenix. Officials said some 30,000 acres had been …

Kibble & Prentice Survey Shows Insurance Cost Increases Slow

Seattle-based Kibble & Prentice announced the results of its annual employee benefits survey. With nearly 250 Washington state companies reporting, the results showed two surprising trends: the rate of increase of health plan costs have decreased dramatically, and employers are …

Smith Joins Countrywide Insurance Group as VP for Construction Practice

California-based Countrywide Insurance Group announced that Jody Smith has joined the organization as vice president of Countrywide Insurance Services Inc.’s construction practice. Smith will work with both residential and commercial contractors to develop comprehensive insurance and risk management programs. Smith …

Hylant Group Adds Bentley as VP for Property Risk Management

Michigan-based Hylant Group announced the addition of Tina Bentley to its Risk Management practice. Bentley has more than 15 years of experience in the industry and was most recently employed with Marsh. Hylant Group is a 70-year old, privately held …

Gilsbar Adds Layman as Sales and Marketing Chief

Health plan manager and insurance services provider Gilsbar Inc., headquartered in Covington, La., announced the addition of Douglas Layman, chief sales and marketing officer and corporate vice resident. In this newly created position, Layman will oversee health and life sales …