February 17, 2006
The National Auto Agents Alliance (NAAA) held its semi-annual board meeting in Las Vegas on Feb. 10. At the meeting, the membership application for The Alliance of Insurance Agents and Brokers (formerly known as the American Agents Alliance) was accepted …
February 16, 2006
Bermuda-based Montpelier Re Holdings Ltd. reported a net loss for the quarter ended Dec. 31, 2005 of $61.0 million, or $0.68 per share, compared with net income of $102.4 million, or $1.53 per share, for the same quarter last year. …
February 16, 2006
New York saw more than 750 insurance fraud-related arrests in 2005 as a result of stepped-up law enforcement alliances with federal, state and local officials, according to the state’s insurance fraud report. New York Superintendent of Insurance Howard Mills released …
February 16, 2006
Jaimie Doucette has joined the Needham, Mass.- based insurance agency, Provider Insurance Group, as an account manager in personal lines insurance. In her position, Doucette advises clients on automobile and home owners insurance. Prior to joining Provider Insurance Group, she …
February 16, 2006
Nearly 270 people affected by Rhode Island’s deadliest nightclub fire added several more defendants to their lawsuit this week, including members of the band whose pyrotechnics sparked the blaze and manufacturers of flammable foam that fed the flames. The amended …
February 16, 2006
A jury awarded $2.3 million to a Staten Island, N.Y. man who fell from a faulty work platform and broke a kneecap and wrist almost nine years ago, his lawyer said. The Manhattan state Supreme Court jury found this week …
February 16, 2006
The New Hampshire House soundly rejected a bill Wednesday that would make the state’s largest employers spend 8 percent of their payroll on health insurance. The House voted 212-128 to kill the proposal aimed at Wal-Mart Stores Inc., several grocery …
February 16, 2006
The American Insurance Association (AIA) on Thursday called statements by the Montana Democratic Party about former Montana Governor and current AIA President Marc Racicot “outrageous, shameful attempts to make political hay out of the suffering of fellow Montanans.” In text …
February 16, 2006
The Texas Department of Insurance Special Prosecutor, working in conjunction with the Dallas County District Attorney’s Office, secured a criminal conviction against David Alton Brabandt and Barbara Del Aguila of Dallas for insurance fraud, TDI reported. According to TDI, from …
February 16, 2006
A Baton Rouge, La., insurance agent has been arrested and issued a cease and desist order for alleged felony theft and misappropriation of insurance premiums, according to the Louisiana Department of Insurance. LDI reported that Walter Glenn McMillan Jr., age …