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

Regulatory Risks Burdensome for U.S. Firms Abroad, Aon Experts Say

What impact will DP World’s decision to drop its plans to enter into an agreement to run several U.S. ports have on American businesses located in countries with strong cultural and business ties to Dubai? Perhaps none. But Aon Trade …

March, September Commercial Marine Seminars Scheduled

Commercial marine seminars have been scheduled March 22 in Fort Lauderdale, Fla. and Sept. 12 in Tampa by LIG Educational and Consulting Services, of St. Petersburg, Fla., an insurance wholesaler specializing in all lines of commercial marine insurance and other …

Aon to Lay Off 1,800 Employees in a 3-year Restructuring

Aon Corp. released information this week in its annual report saying that it will cut 1,800 jobs from its worldwide operations through a three-year restructuring plan. The annual report filing made to the U.S. Securities and Exchange Commission, filed March …

Stronger Building Codes Called for in Florida Panhandle

Residents in Florida’s Panhandle will remain vulnerable to the destructive forces of hurricanes until lawmakers stand up to irresponsible special interests that have worked to keep much of Northwest Florida exempt from the statewide building code, according to the Property …

IBHS Annual Conference to Focus on Property Loss Reduction

“Making the Right Connections” is the theme for the Institute for Business & Home Safety’s (IBHS) 2006 Annual Conference on Property Loss Reduction. The event is scheduled for Nov. 16-17 at the Hilton Walt Disney World Resort in Orlando. Speakers …

Wis. Nurses Convicted of Filing Non-Existent Medicaid Claims

Two La Crosse, Wis. area registered nurses were convicted recently of filing fraudulent Medicaid insurance claims. Janice Corbett, 65, of Ontario, Wis., pleaded guilty in Dane County Circuit Court to one count of misdemeanor fraudulent insurance claims, according to Attorney …

Union Bank of California Names Janes CEO of Insurance Subsidiary

Union Bank of California North America, based in San Francisco, has named Michael A. Janes CEO of its insurance subsidiary, UnionBanc Insurance Services Inc. Janes joins the agency from Hilb, Rogal & Hobbs Co. where he was regional director of …

Los Angeles Clerk Charged in Fraudulent Disability Claim Scam

California Insurance Commissioner John Garamendi reported the arrest of Linda Carleen Moore, 42, of Palmdale, on felony charges of falsifying an accident disability claim. Moore, an employee of the Los Angeles County Department of Public Social Services (LADPSS) in Lancaster, …

Multi-State Class Actions Could Infringe on State Regulators’ Authority, Interfere with Claims Adjudication

The National Association of Mutual Insurance Companies (NAMIC) has joined other members of the insurance industry in filing an Amici Curiae brief involving a multi-state class action appeal currently before the Washington State Supreme Court. The friend of the court …

Fire Damages Farmers’ Wyoming Office

A fire in Jackson, Wyo., gutted the second floor of an office building where eight businesses had offices. The fire began shortly after midnight Friday, March 3 in a bathroom in the office of Grand Teton Realty, said Greg Prugh, …