August 8, 2005
Mayor Rocky Anderson and City Councilwoman Jill Remington Love are separately exploring ways to offer insurance and other benefits to employees’ domestic partners, including siblings and parents, with whom they live. “I’ve always been in favor of equal benefits for …
August 8, 2005
A state-owned helicopter that crashed near Chicago last week, injuring its pilot and three passengers, was not insured, so taxpayers are out hundreds of thousands of dollars because officials had planned to sell the craft before the accident. The Illinois …
August 8, 2005
Three Baton Rouge, La., men were arrested by the Louisiana State Police and charged with making and selling fake automobile insurance cards and inspection stickers, the Associated Press reported. “This is a major problem in Louisiana,” Trooper Marcus Smith said. …
August 8, 2005
The Texas Department of Insurance has prepared an informal working draft of rules relating to workers’ compensation health care networks. Sections 10.001 – 10.603 will be proposed to incorporate changes based on HB 7, enacted in the 79th Legislative Session. …
August 8, 2005
Untangling the conflicting information businesses receive from various sources will be a goal of the 18th Annual Workers’ Compensation Commission Educational Conference, scheduled this year from Oct. 12-14 in Little Rock. Businesses and their insurance agents are invited by the …
August 8, 2005
Brokerage Arthur J. Gallagher & Co. has acquired Corporate Life Consultants, Inc. of Ambler, Pa. Terms of the transaction were not disclosed. Corporate Life Consultants offers life and long-term disability plan consulting services for companies with at least 1,000 employees, …
August 8, 2005
The St. Paul Travelers Companies, Inc. today announced that the company has reached a definitive agreement to sell its CATRisk operation, the company’s monoline earthquake and excess and surplus personal lines property unit which operates under the GeoVera, Pacific Select …
August 8, 2005
Five former State Farm Insurance agents were awarded $20 million by a Kansas City, Mo. jury that ruled they were improperly terminated for criticizing the way the company treated its policyholders. The agents, whose contracts were terminated in January 2000, …
August 8, 2005
Warren Buffet’s Berkshire Hathaway continues to be dogged in the U.S. and abroad by investigations into its subsidiaries’ reinsurance deals. In its second quarter report, Berkshire Hathaway discusses the various probes into finite reinsurance accounting practices by federal and state …
August 8, 2005
Colorado State University hurricane expert Dr. William Gray has upgraded his hurricane forecast for the season, predicting from 15 to 20 named storms, 10 of which will be hurricanes during the 2005 hurricane season. He predicts there will be from …