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

Update: Businessman Found in Chicago River

Missing Massachusetts businessman, Matt Soumakis, 31, was identified yesterday when police pulled a body from the Chicago River. Soumakis was reported missing on Dec. 6. He was in Chicago attending the National Association of Insurance Commissioners’ National Winter Meeting and …

Calif. Insurance Wholesalers Assoc. Creates Grassroots Campaign

The California Insurance Wholesalers Association has launched a grassroots campaign to help its members have a more active and profound voice at the state legislative level. According to Mark Maucere, president, the special election of 2005 proved that the organization …

Horace Mann Lowers Educators’ Rates

Horace Mann Educators Corp. will be lowering its auto insurance rates in Idaho an average of 5.4 percent beginning Jan. 1, 2006. The rate reductions apply to customers and prospects who are members of the education community, the company said. …

Farmers Offers Tips on Keeping Homes Safe During the Holidays

While the holidays are a time for rejoicing, they also present an opportunity for thieves, as homes are filled with new, often expensive gifts. A recent survey shows that homeowners often neglect to take preventive action against such criminals. According …

Aon Clients Accept Claim Settlements

Chicago-based Aon Corp. announced that its clients accepted more than 70 percent of the 352,000 offers made by the insurance broker to settle claims that it steered business to insurers who paid hidden fees, according to a recent Chicago Tribune …

Safeco Hosts Internet Broadcast of Financial Results

Safeco is hosting an Internet broadcast of its conference call to discuss fourth-quarter and year-end financial results. The broadcast will be held 11 a.m. (EST) on Jan. 24, 2006, at www.safeco.com/webcast. To hear the results, log onto the Web address …

Bowman Named COO of Crawford’s Global Property and Casualty Services

Jeffrey T. Bowman, president of Crawford & Co’s International Operations, has been named chief operating officer of the firm’s Global Property and Casualty Services, effective Jan. 1. This newly created position joins the property and casualty operations worldwide to maximize …

OneBeacon Taps McDonough as CFO

OneBeacon Insurance Group, a subsidiary of White Mountains Insurance Group, Ltd., has named Paul McDonough as chief financial officer reporting to CEO Mike Miller. McDonough will oversee all financial operations for Boston-based OneBeacon and its subsidiary businesses. McDonough brings 15 …

Virginia Considers Tougher Dog Owner Liability Law After Widow’s Mauling

Lawmakers in Richmond are proposing tough legislation to punish Virginia dog owners whose pets injure or kill following the attack of an 82-year-old widow who was fatally mauled by three roaming pit bulls. Dorothy Sullivan’s family and some legislators contend …

Conn. Report Says Technicalities Let Drunken Drivers Escape

More than 5,000 drunken driving cases over the last four years escaped enforcement action by the Connecticut Department of Motor Vehicles mostly because of technicalities, a new report shows. Those technicalities included missing arrest reports, late blood and urine test …