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

Zurich Settles with Conn., Ill. and N.Y. officials for $153 Million

Zurich Financial Services Group has reached a $153 million settlement with the attorneys general of New York, Connecticut and Illinois to settle charges relating to bid-rigging an account steering charges initiated by New York authorities. In addition, Zurich has reached …

Disaster Kleenup International’s Founder Ed York Dies

Illinois-based Disaster Kleenup International, Inc., a network of independent property damage restoration contractors, announced today that its founder, Edgar Perry “Ed” York, died on March 13, 2006 after a long illness near his home in Vancouver, Wash. York launched DKI …

GE Insurance Solutions Unveils New Product for Business Hotels

Kansas City-based GE Insurance Solutions has unveiled a new primary insurance product designed for specific segments of the hotel industry. Offered through Klein Insurance Services of West Paterson, N.J., and available only through insurance agents and brokers, the comprehensive, multi-line …

Unrestrained Litigation Threatens Miss. Judicial System, Insurers Contend

While slow but steady progress is being made in improving Mississippi’s judicial climate, the good news is tempered by the threat to the state from unrestrained litigation in the wake of Hurricane Katrina, according to the American Insurance Association. A …

Insurer’s Sponsorship May Help Renoe-Tahoe Keep PGA Tour

The Reno-based Employers Insurance Group is providing a sponsorship that the Reno-Tahoe Open organizers secure the tournament’s spot on the PGA Tour for several more years. Employers Insurance Group will provide from $250,000 to $500,000 for the 2006 tournament while …

Answer Financial Appoints Goebel To Head Marketing Efforts

Answer Financial Inc., an Encino, Calif.-based online insurance agency, has named Richard Goebel senior vice president of marketing. Most recently, Goebel was the first vice president of new customer acquisitions at Countrywide Home Loans. He brings more than 20 years …

California Commission Hosts Forum on Catastrophe Preparedness

The California Commission on Health and Safety and Workers’ Compensation is sponsoring “Forum on Catastrophe Preparedness: Partnering to Protect Workplaces” on Friday, April 7, 2006, at the South San Francisco Conference Center. The conference will bring together leaders in homeland …

Standard Insurance Creates Advice Service for Retirement Plans

Standard Insurance Co., a Portland, Ore.-based subsidiary of StanCorp Financial Group Inc., has created a new retirement savings tool, Portfolio Progression, for retirement plan participants. Portfolio Progression has been designed to create a personal investment strategy based on a participant’s …

Tax Help Available for California Storm and Flood Victims

President George W. Bush has declared several areas in Northern California a Federal Disaster Area, following the devastating storms, flooding, and mudslides that occurred in several counties last December and in January 2006. Stricken residents and business owners in Contra …

Safeco to Lease Puget Sound Facilities

Safeco, Seattle, has revised the real estate strategy for its Puget Sound operations that calls for the company to lease space rather than build and own office facilities. That is a lower-cost solution that also provides the company with flexibility …