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

FBI: 90% of Organizations Face Computer Attack; 64% Incur Financial Loss

The FBI reports that 9 out of 10 organizations in the country are victims of some sort of computer security incident, and one-fifth are hit more than 20 times a year. Almost two-thirds suffer financial loss as a result of …

Gallagher Joins RJF Agencies as Director of Marketing/Commercial Lines

Minnesota-based RJF Agencies Inc. reported that Tim Gallagher was hired as its director of Marketing/Commercial Lines. In this role, Gallagher will oversee the marketing of commercial insurance risks, design risk management programs for clients and improve the RJF risk marketing …

Partnership with Non-profits Helps Injured Workers Heal Faster

When workers get hurt on the job, employers usually have two options: give them modified light duty work or have them remain at home, unproductive, while they heal. General Casualty Insurance Companies, based in Sun Prairie, Wis., recently introduced a …

Jacobs Files First Surety Corp. Name Change, Elects Board of Directors

Jacobs Financial Group Inc. of Charleston, W.Va. has completed corporate filings to change the name of its recently acquired insurance subsidiary to First Surety Corp. First Surety, a Charleston-based firm, specializes in underwriting surety bonds for regulated industries such as …

Wash. Commissioner Offers Testimony for Dedicated Unit to Combat Fraud

Washington Insurance Commissioner Mike Kreidler offered testimony this week on commissioner-request legislation that would establish an anti-fraud unit within the Office of the Insurance Commissioner. Washington is one of only nine states that doesn’t have an investigative unit dedicated to …

AAA Study: Teen Driver Crashes Top Threat to Passengers, Other Drivers

The majority of people killed in teen driver crashes are people other than the teen driver themselves, according to a recent analysis of 10 years of crash data by the AAA Foundation for Traffic Safety. The new analysis shows that …

Agents’ Game Plan Helped Save Contingent Commissions

Independent insurance agents approached the criticisms from New York Attorney General Eliot Spitzer and other officials with a measured game plan that has worked to preserve contingency commissions in agencies across the country. “We did not lose our heads over …

GE Insurance Solutions: Challenge Industry Norms, Upgrade Compliance

When a child enters the hospital or a hurricane destroys a city or a family breadwinner unexpectedly dies, the insurance industry steps in to ensure a financial recovery. It’s a tremendous responsibility, and in order to respond insurers must operate …

Colo. Authorities Identify Five Suspects in Wildfire

Jefferson County, Colo., authorities said they were considering charges against five teenagers suspected of starting a fire that burned about 2,700 acres and destroyed two small buildings last week. The fire prompted evacuations of 130 homes. Residents were allowed to …

Trains Moving again Following Trestle Fire in Yuma, Ariz.

Union Pacific trains were moving through southern Arizona again Tuesday after completion of a temporary crossing to replace a 780-foot wooden trestle that was destroyed by fire during the weekend. Trains began crossing through Yuma about midnight Monday after work …