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

S.D. Attorney General Sounds Alarm About Purchasing Flood Damaged Cars

South Dakota’s Attorney General Larry Long is warning residents to be cautious when considering the purchase of a used car these days. That’s because vehicles damaged during the 2005 hurricane season might be making their way to the South Dakota …

Maine GOP Candidate Unveils Health Ideas; Calls for Dirigo Suspension

When it comes to health care, Mainers must stop thinking Augusta knows best, Chandler Woodcock said Friday as he campaigned for the Republican nomination for governor. Unveiling his health care plan for the state, Woodcock called for reforms that make …

Frankel Resentenced for Nearly 17 Years for $200M Insurance Fraud

A federal judge in New Haven, Conn. ordered Martin Frankel to serve the same sentence he got in 2004 for stealing $200 million from insurance companies, nearly 17 years in a federal prison. The former financier was ordered resentenced after …

N.H. House Votes to Help Flood Victims

New Hampshire resdents who lost property during last fall’s floods are a step closer to getting more help from the state. The House has approved a plan for the state to spend $3.4 million buying flood-damaged properties in Alstead, Langdon …

Wis. Bill Requires Insurers to Cover Cancer Clinical Trials

Insurance companies will be required to cover cancer patients who take part in clinical trials under a bill signed into law by Gov. Jim Doyle on Friday. Doyle said insurance companies will no longer be able to force cancer patients …

Mich. Agents Praise Catastrophic Claims Assn. for Lowering Assessment

The Michigan Association of Insurance Agents praised the Michigan Catastrophic Claims Association for its decision to lower its annual automobile assessment to $137.33 per vehicle, a decrease from last year’s $141.70. This year’s decline in assessments is the first since …

Hillberg Joins Provider Insurance Group in Mass.

Provider Insurance Group In Needham, Mass. has added Matthew Hillberg as an account executive. Hillberg is responsible for building insurance programs for new business accounts. Prior to joining Provider Group, Hillberg worked at Norfolk and Dedham Group providing underwriting services …

Pa. Gov. Rendell Vetoes Bill Limiting Civil Damages as ‘Unbalanced’

Pennsylvania Governor Edward G. Rendell has vetoed legislation designed to scale back the obligation of defendants to pay damage awards in some civil lawsuits. Rendell explained his veto of Senate Bill 435 by maintaining that the bill did not go …

National Alliance Names 2006-2007 Board Officers

A new slate of officers has recently been elected to serve on the 2006-2007 CIC, CISR, and Academy Boards of The National Alliance for Insurance Education & Research for a one-year term. The National Alliance relies on these three boards …

WellPoint Ranked 2nd in BusinessWeek Poll of Nation’s Top Performers

Indianapolic-based WellPoint, Inc. has been named to the BusinessWeek 50, the magazine’s annual list of the 50 top-performing companies in the Standard & Poor’s 500. WellPoint ranks No. 2 on the 2006 list, which appears in the April 3 issue …