February 9, 2006
Fires damaged four more rural Alabama Baptist churches recently following a rash of suspected arsons that burned five others south of Birmingham last week, a state official said Feb. 7. The four new fires were near the Mississippi line, about …
February 9, 2006
JPMorgan Chase & Co. has agreed to sell its life insurance and annuity underwriting business to Protective Life Corp. for about $1.2 billion in cash. JPMorgan Chase has its corporate headquarters in New York and its U.S. consumer and commercial …
February 9, 2006
Texas Commissioner of Workers’ Compensation Albert Betts announced organizational changes at the Texas Department of Insurance Division of Workers’ Compensation effective immediately. Major reforms of the Texas workers’ compensation system approved by the Legislature in House Bill 7 last year …
February 9, 2006
Insurance companies shouldn’t be able to point to floodwater marks or homes shifted from their foundations as the only reason for denying claims, a Louisiana Senate committee has decided. The bill by Sen. Julie Quinn is another piece of a …
February 9, 2006
Joseph Beneducci has been elected to president and chief operating officer of Fireman’s Fund Insurance Company, according to Charles Kavitsky, chief executive officer. The appointment was approved by the Fireman’s Fund Board of Directors during its meeting on Feb. 3. …
February 9, 2006
An insurance company owner at times gave conflicting testimony on Feb. 7 about a $1,000 contribution to former Oklahoma Insurance Commissioner Carroll Fisher, the Oklahoman and the Associated Press reported. Mississippi insurance company owner Johnny Morgan at first told jurors …
February 9, 2006
The Kansas House today gave final approval to insurance legislation aimed at helping universities, but which also included an anti-abortion amendment, according the Lawrence Kansas Journal. Approved with a vote of 110-14, the measure will now go to the Senate …
February 9, 2006
The Chubb Corporation has amended Chubb’s Corporate Governance Guidelines regarding the election of directors to its board. Under the amended guidelines, any director who receives more “withheld” or “against” votes than “for” votes in an uncontested election must submit his …
February 9, 2006
The Bush administration’s choice to lead the government’s traffic safety agency pledged this week to make the nation’s highways and roads safer for families while tackling issues like vehicle rollovers and teenage crashes. Nicole Nason, who was Transportation Secretary Norman …
February 9, 2006
Rhode Island Gov. Don Carcieri introduced plansthis week to set up a $100 million trust fund to help small businesses provide affordable health care to employees. He is also seeking a $20 million bond to develop a real-time patient health …