Monthly Archives: <span>January 2006</span>

Missouri Agent Found Guilty of Selling Fraudulent Investments

A Springfield, Mo. insurance agent was found guilty this month of illegally selling unregistered investments, a crime that contributed to dozens of Ozark area residents losing millions of dollars. Former insurance agent Bill Hull faces up to 40 years in …

Live Today on IJ: Watch Professional Liability Underwriters Ring Closing NASDAQ Bell at 3:50 PM EST

The president of the Professional Liability Underwriting Society will ring the closing bell at The NASDAQ Stock Market in Times Square today to kick-off the group’s annual Directors & Officers insurance symposium in New York. The ceremony will be broadcast …

Moran Joins Provider Insurance in R.I.

Provider Insurance Group has named Jamie Moran as an employee benefit specialist in the insurance agency’s Woonsocket, R.I. office. As an employee benefit specialist, Moran performs administrative duties assisting employees, retirees and insurance carriers regarding employee health, dental and vision …

Two Fox News Employees Sue, Claiming Toxic Mold in TV Studio

Two Fox News employees have filed a lawsuit claiming they were sickened by air contaminated with toxic molds and pesticides while working in the building where “The O’Reilly Factor” and “At Large with Geraldo Rivera” are produced. Laurette DeRosairo and …

Buoys to Detect Tsunamis to be Placed Off East Coast

Federal officials say they will place the first tsunami-detecting buoys in the Atlantic Ocean this spring to give residents more time to escape the giant waves. The National Oceanic and Atmospheric Administration announced its plans last week as Norfolk marked …

AIA ‘Takes Issue’ With S.C. Workers’ Compensation Story

The American Insurance Association (AIA) takes issue with the AP article that appeared on Insurance Journal’s Web site Jan. 30, for it shows once again the extent to which opponents of workers’ compensation reform will go to defeat a measure …

Wheeler Joins New Jersey’s National Atlantic as Vice President

National Atlantic Holdings Corp., a provider of specialized property/casualty insurance products and related insurance services based in Freehold, N.J., has appointed as Vice President Douglas Wheeler, former assistant commissioner and chief of staff of the New Jersey Department of Banking …

USG Settles Asbestos Claims for $4 Billion; Could Now Exit Bankruptcy

USG Corporation announced today that it has reached an agreement to resolve all present and future asbestos-related personal injury claims, enabling the company and its subsidiaries to take a significant step toward emerging from bankruptcy. The agreement requires USG to …

Arbitrator Impartiality – An Elusive Standard?

It is quite common in certain insurance or reinsurance contracts for the parties to include an arbitration clause so as to identify the chosen means of dispute resolution. For those threatened with the prospect of litigation, the ability to avoid …

Is Seeding Hurricanes the Answer to Less Destruction?

Retired National Oceanic & Atmospheric Administration (NOAA) Project Director Dr. Waylon “Ben” Livingston recently confirmed in an article published on PrisonPlanet.com what Peter Cordani, founder of Dyn-O-Mat, has reportedly been saying for seven years: Seeding clouds, thunderstorms, hurricanes and fires …