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

Calif. State Fund Raises More than $100,000 for United Way

California State Compensation Insurance Fund employees have raised more than $102,000 in donations for United Way in its annual Bay Area California State Employees Charitable Campaign Drive. Donations collected will help United Way fund various programs such as providing meals …

AIG Auto Insurance Lowers Colo. Rates

AIG Auto Insurance is implementing a five percent rate decrease in Colorado. The move will lower auto insurance costs on over 10,000 vehicles and resulting in hundreds of thousands of dollars worth of savings for Colorado drivers insured by The …

AIA Calls Georgia Supreme Court Decision a Blow to Tort Reform

In a setback for Georgia’s recent progress on civil justice reform, the state Supreme Court overturned a key venue law, which was part of the comprehensive tort reform legislation enacted in 2005, according to the American Insurance Association (AIA). The …

Okla. Lawmaker Says Fisher Conviction Shows Need for Ethics Reform

Former Insurance Commissioner Carroll Fisher’s conviction on campaign-related charges of embezzlement and perjury demonstrate the necessity of stronger ethics laws in Oklahoma, according to State Rep. Ryan McMullen . “Commissioner Fisher’s conviction demonstrates that no man is above the law, …

Ark. AG Releases Identity Theft Stats for 2005

In recognition of 2006 National Consumer Protection Week, Arkansas Attorney General Mike Beebe recently provided new statistics from the Federal Trade Commission on fraud-and-identity-theft trends in Arkansas and the nation. Arkansans reported a record number of 1,617 identity theft cases …

Aon’s Agency Specialty Product Network Forms LifeSource Alliance

Agency Specialty Product Network has joined with LifeSource – a BISYS Company to provide independent property and casualty agents and brokers a “virtual” life insurance department to enhance sales, profitability and client retention. LifeSource is an operating division of BISYS …

Louisiana Rating Commmission to Meet Feb. 15

The regular monthly meeting of the Louisiana Insurance Rating Commission will be held on Wednesday, Feb. 15, 2006, at 10:00 a.m. in the Hearing Room, Plaza Floor, State Insurance Department, the Poydras Building, 1702 North 3rd Street, Baton Rouge, Louisiana. …

Central Texas All Industry Day to Take Place March 1

The Central Texas Chapter of CPCU Society and the Austin Association of Insurance Professionals will host the 2006 All Insurance Industry Day March 1 at the Doubletree Hotel in Austin. The schedule of events includes: 8:30-9:30 a.m. – Legislative Update …

Pinkes to Lead The Hartford’s P/C Run-Off Operations

The Hartford Financial Services Group Inc. reported that Andrew Pinkes has been named president of Heritage Holdings Inc., a unit which oversees the company’s property and casualty run-off operations. Pinkes, who is currently the senior vice president and chief operating …

St. Paul Travelers CEO to Speak at Merrill Lynch Investors Conference

Jay S. Fishman, chairman and chief executive officer of The St. Paul Travelers Companies, Inc. is scheduled to speak at 2:55 p.m. , eastern standard time on Thursday, Feb. 16 at the Merrill Lynch Insurance Investors Conference. The presentation will …