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

Two Leading Law Firms Merge

Edwards & Angell LLP and Palmer & Dodge LLP, two leading full-service law firms, announced that they have agreed to merge, effective on or around November 1, 2005. The new top-ranked firm will offer local, national and international clients broader …

Progressive to Write Autos in N.J.

Progressive will begin writing auto insurance policies in New Jersey, according to The Associated Press. The Mayfield Village, Ohio-based auto insurer said both Progressive and Progressive Direct, its independent agency unit, will offer service through local agents and the company’s …

CNA Insurance to Sponsor 2006 Chicago Gay Games

Chicago-based CNA insurance companies today announced its sponsorship of the 2006 Gay Games in Chicago. CNA joins at the “Allstar” level and will be a sponsor of the volleyball competition to take place at Chicago’s Navy Pier. One of the …

Mass. AG Recommends 18% Rate Cut for Auto Insurance

Massachusetts drivers should see an 18 percent decrease in the cost of auto insurance, said Attorney General Tom Reilly. The recommendation, being filed today with the state Department of Insurance (DOI), would reduce the average driver’s auto insurance bill by …

Fla. Attorney General Warns of Medicare Con Artists

Attorney General Charlie Crist has warned Florida seniors to be on the lookout for con artists who may try to take advantage of consumers as they shop for new Medicare prescription drug coverage plans. As of Oct. 1, companies can …

Durbin Pledges $1.6 Million for Ill. Health Insurance Pool

After months of blocking a Senate bill because he claimed it shortchanged his state, Sen. Dick Durbin announced Thursday that he has won assurances that Illinois’ state health insurance pool would get an extra $1.6 million a year in federal …

ACIC Disappointed by Court’s Ruling Regarding Driver Discounts

The Association of California Insurance Companies (ACIC) said it is disappointed by this week’s Court of Appeal ruling that struck down a 2003 state law that allows insurers to discount auto insurance premiums, according to ACIC President Sam Sorich. Sorich …

Stewart Title of California Venturing Into P/C Market with SIFS Launch

Stewart Title of California (STC) is looking to become a player in the property and casualty insurance industry with the launch of Stewart of California Insurance and Financial Services (SIFS). Recently approved by California’s Department of Insurance, SIFS reportedly represents …

S.C. Court Denies Faulty Workmanship Coverage in Bituminous Case

The South Carolina Supreme Court issued its decision in the case of L-J, Inc. v. Bituminous Fire and Marine Insurance Co., Sept. 26, holding that faulty workmanship is not considered an accidental event or “occurrence” under a commercial general liability …

Calif. Commissioner Warns Residents of Dangers from ‘Fake Insurance’

Each year far too many insurance consumers are duped into buying bogus insurance policies, putting them and their families or business at great risk of financial catastrophe. Seeking to prevent these harmful crimes, California Insurance Commissioner John Garamendi on Wednesday …