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

U.S. Senate Breathes New Life into Small Group Health Option

The Senate Health, Education, Labor and Pensions Committee yesterday ended a stalemate over a decade old and voted in favor of a landmark bill to allow business and trade associations to band together to purchase group health insurance. The bill …

Bill Limiting Civil Damage Suits Reaches Pa. Gov. Rendell’s Desk

Legislation that would significantly scale back the obligation of defendants to pay damage awards in some civil lawsuits was approved by the Pennsylvania House of Representatives this week, although it faces an uncertain fate on Gov. Ed Rendell’s desk. For …

Maine Panel Endorses Mandatory Sentences for Repeat Bad Drivers

A proposal to curb Maine’s worst drivers moved forward this week in the Maine Legislature as a committee gave its solid endorsement to “Tina’s Law,” which is named for a woman killed in an accident involving a trucker with a …

Md. Jurors Deadlocked in Arson Case

Jurors in Greenbvely, Maryland deliberating the federal arson case of two men accused of setting fires to a Charles County housing development said Monday that they are deadlocked on both defendants. After deliberating over two days beginning last Friday, jurors …

Mass. House, Senate Reported Close to Final Health Reform Terms

House and Senate negotiators in Massachusetts are nearing a final deal on a health care reform package, Senate President Robert Travaglini said Tuesday. “The biggest obstacle that we’re left with is just fine tuning the language and the definitions and …

Search for Nation’s Top Independent Agencies Continues

With some 60,000 privately held independent agencies and brokerages nationwide, locating the most successful ones is a tough job but some company’s got to do it. That company is Insurance Journal. Insurance Journal is on the lookout for the nation’s …

Mo. Insurance Dept. Says Proposal Will Strengthen Consumer Safeguards

Missouri Senate Bill 895, which will strengthen consumer protection in insurance sales, was voted out of a Senate committee with a 9-0 vote, according to a written statement issued by Missouri Department of Insurance. In its release the insurance department …

ABD Insurance and Financial Services Gains Top D&O Broker Rating

California-based ABD Insurance & Financial Services is once again the leading directors and officers liability insurance broker in the United States, according to the 2005 Tillinghast-Towers Perrin D&O Survey. ABD achieved a 24.2 percent market share as the primary retail …

Agents Support New House Intangible Assets Tax Bill

The Independent Insurance Agents & Brokers of America (the Big “I”) announced its support for a bill introduced today in the House that would allow purchasers of eligible small businesses to write off as much as $5 million of acquired …

Calif. Law Office Manager Sent to Prison in Large-Scale Auto Fraud

A California man, who with his brother managed a law office reportedly involved in a large-scale auto insurance fraud ring, was sent to state prison and ordered to make restitution of $1.5 million, the Los Angeles County District Attorney’s office …