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

Enhanced IJ Broadcasting Enlivens Insurance News with Videos, Interviews, Ads and More

Insurance Journal has launched IJ Broadcasting, an enhanced section on its Web site for multimedia content that will include video and audio interviews, current news and features, educational workshops and other industry-related information. Leigh Ann Pusey of AIA Window on …

Hearn Joins MarketStance

James Hearn has joined MarketStance, the Middletown, Conn.-based business information and analytical services firm as director of business development. In the newly-created position, Hearn is responsible for growing revenues and advancing relationships with both new and existing customers. Hearn brings …

Heat Gun ‘Not Hair Dryer’ Label Wins Wacky Warning Contest

A heat gun and paint remover that produces temperatures of 1,000 degrees and warns users, “Do not use this tool as a hair dryer,” has been identified as the nation’s wackiest warning label in an annual contest sponsored by a …

I.I.I.: Claims in Louisiana Equal to 25 Years of State’s Homeowners Premiums

The record total of homeowners insurance claims payments resulting from the 2005 hurricanes in Louisiana is enough to wipe out all homeowners premiums paid in the state during the past 25 years, as well as every dollar of homeowners insurance …

Mine Survivor Could Have Brain Damage, Moved to Pittsburgh Hospital

The lone survivor of a coal mine explosion that killed 12 others has been moved to a hospital in Pittsburgh to undergo oxygen treatment, West Virginia University hospital officials said Thursday. Randal McCloy Jr. was in a coma and appeared …

Judge Allows Convicted Criminal to Stay in Reburbished Mansion

U.S. District Judge Julie Robinson will allow convicted former utility chief, David Wittig, to stay in his refurbished mansion, saying the the state had failed to provide a direct tie between Wittig’s fraudulent schemes and his purchase of the historic …

Best Affirms FSR for Bahamas First General Insurance Co. Ltd.

A.M. Best Co. has affirmed the financial strength rating of A- (Excellent) of Bahamas First General Insurance Company Limited (Nassau, Bahamas). The rating outlook is stable. The rating reflects BFG’s excellent capitalization, historically profitable operating results, conservative risk management strategies …

Minn. Federal Fraud Case Scheduled in St. Paul Court

A federal fraud case against Peterson Farms is scheduled to begin next week in St. Paul. Peterson Farms, Wendell, Minn. and its related entities Division III Farms and Keywest Farms are accused of receiving $4.2 million in farm subsidies and …

Universal Life Resources Settles Commission Charges with N.Y.

New York Attorney General Eliot Spitzer and Insurance Superintendent Howard Mills have come to an agreement with Universal Life Resources, a life and disability insurance consulting firm to resolve allegations relating to undisclosed contingent commissions, fraud and anti-competitive practices. Under …

Miss. Legislative Sessions Begin, PCI Pushes for Stronger Building Codes

Enacting and enforcing a strong statewide building code could save billions of dollars in damages from hurricanes and should be among the top priorities of Mississippi lawmakers meeting in Jackson during the 2006 legislative session, according to the Property Casualty …