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

Mass. to Begin Reassigning 15% of Residual Auto Policies in March

A plan to redistribute residual market auto insurance policies among insurance carriers and agents in Massachusetts has been approved by state officials. The final plan for Commonwealth Auto Reinsurers will require that about 133 exclusive representative producers, who are agents …

Credit Card Numbers Reported Stolen from R.I. Government Web Site

Thousands of credit card numbers were stolen from a state government Web site that allows residents to register their cars and buy state permits, authorities said Friday. The private company that runs RI.gov told the state that 4,118 credit card …

AIG Names Martin Chief Operating Officer of Worldwide Life Business

American International Group, Inc. has named Rodney O. Martin, Jr. as chief operating officer of its worldwide life insurance business. Martin will remain chairman, president and chief executive officer of AIG American General Life Companies and AIG executive vice president …

AON Adds Horner as VP in its Tulsa, Okla., Office

AON welcomed welcome Don Horner to its staff effective Jan. 19, as vice president, Health & Welfare Practice Leader. The company said Horner will be responsible for new business production, management of the Tulsa office’s Health & Welfare clients, expansion …

Okla. Gov. Listed as Witness in Trial of Former Commissioner

Oklahoma Gov. Brad Henry and former Gov. Frank Keating have been listed as defense witnesses for Carroll Fisher, the former state insurance commissioner, the Oklahoman and the Associated Press reported. Both have been critical of Fisher, who quit in 2004. …

Okla. Lawmaker to Seek Insurance Commissioner’s Office

Oklahoma State Rep. Bill Case, R-Midwest City, announced he will run for insurance commissioner. Case, 52, said he had the experience as a businessman and insurance agent that is needed at the agency. Democrat Kim Holland of Tulsa was appointed …

65 Die in Polish Building Collapse

At least 65 persons lost their lives when the roof of an exposition building in Katowice, Poland collapsed Saturday afternoon, Jan. 28, possibly under the weight of accumulated heavy snow. Another 140 people, who were attending a pigeon fanciers show …

Viewing Today, Funeral Saturday in Fort Pierce, Fla. for ‘Eddie’ Enns

Edwin Gladwin “Eddie” Enns, founder and owner of the Enns Agency, an independent agency in Fort Pierce, Fla. died Wednesday of pancreatic cancer. Enns, who was 72, ran the agency for 35 years and at the same time held numerous …

NAMIC Works with Indiana Farm Mutuals to Correct Tax Code Mistake

The National Association of Mutual Insurance Companies and the Mutual Insurance Companies Association of Indiana are working together to address a mistake in Indiana’s 2002 tax code revision which erroneously raised taxes paid by farm mutual insurers from 1.2 percent …

ISO: Insurers to Pay $56.8B in 2005 Catastrophe Claims

U.S. property/casualty insurers are expected to pay homeowners and businesses a record $56.8 billion for 2005 insured property losses from 24 catastrophic events — more than twice the prior record set in 2004, when insurers paid $27.3 billion in catastrophe …