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

Pressure Mounts for Wash. House Leaders Considering “Wal-Mart bill”

Pressure is mounting for majority House Democrats in Washington state to vote on a bill that would force minimum health care spending by large employers, while some lawmakers suggested the issue could be left to the voters in a fall …

Wash. Senate Passes Permanent Changes in Unemployment Insurance

Wash. Senate Democrats have approved a bill that would permanently change unemployment laws to pay out additional benefits to seasonal workers. The measure, which passed on a 25-22 vote, reverses the state’s move toward “four-quarter averaging” in which unemployment benefits …

ABD Insurance Adds McFall to Technology Services Practice

ABD Insurance and Financial Services, Redwood City, Calif., has announced that Matt McFall has rejoined the firm’s Technology Services Practice. Previously a senior directors and officers broker with the Financial Services Group, McFall’s new charge will be private equity risk …

Wash. Senate Approves Insurance Fraud Unit, Prosecutor

The Washington state Senate has passed a bill creating the state’s first insurance fraud bureau and adding a fraud prosecutor. SB 6234 passed by a 35-10 margin, and now heads to the House for debate.The bill had to pass the …

Insurers Deny Payments to Indiana Man Charged with Hot Tub Murder

Michael B. Smith, 61, of Trafalgar, Indiana appeared in court this week to be formally charged with strangling his wife, Linda, in their hot tub in November 2003. Investigators said that Smith was facing financial troubles and that a life …

Texas Schools Group Earns $34K Dividend from Texas Mutual

Texas Mutual Insurance Company announced a $34,280 purchasing group dividend for the Texas Schools Group (TSG). The TSG group dividend is separate from the approximately $50 million in individual dividends that Texas Mutual Insurance Company paid to qualifying policyholders in …

Delgado Appointed to Calif. Alliance of Insurance Agents and Brokers Board

Carlos Delgado, CLU (Danmar Insurance Services, Riverside), has agreed to serve on the Alliance of Insurance Agents and Brokers’ board of directors. Delgado, a 35-year industry veteran, began his insurance career in the life insurance arena with Mutual of New …

Curley Insurance Group’s Shamrock Shootout Raises $50,000

The 12th Annual Shamrock Shootout Golf Invitational raised $50,000 for two charities, St. Vincent de Paul Thrift Store of Dallas and the Integrated Education Fund of Northern Ireland. Dallas-based Curley Insurance Group, one of the sponsors, said donations were presented …

Lawsuit Reform on Minds of Okla. Legislators During Current Session

As predicted, lawsuit reform is turning out to be the focus of the Oklahoma Legislature during the current session. In the Oklahoma Senate a comprehensive lawsuit reform bill, sponsored by a Democratic passed out of the Senate Judiciary committee but …

CSX to Pay $2 Million for Cleanup Costs from Baltimore Tunnel Fire

CSX Transportation will pay Baltimore $2 million for costs incurred following a 2001 train derailment and tunnel fire that paralyzed the city for days. No fault was assigned to either the city or CSX under the settlement which was finalized …