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

N.C. Big ‘I’ to Present Check for UNC Endowment on March 8

A check for $54,000 for a scholarship endowment will be presented at 1 p.m. March 8 to the Belk College of Business at the University of North Carolina by the Young Agents Committee of the Independent Insurance Agents of North …

Controversy Brews Between Insurers and Construction Contractors in Wis.

A controversial settlement between Milwaukee’s Miller Park stadium district and a construction contractor has left excessive and unjustified legal bills, according to insurance companies left on the hook for those costs. Travelers Property Casualty Co. of America and Federal Insurance …

Model Acts, Confidentiality, Cooperation, Key NAIC Concerns

Developing model acts to cover a wide variety of insurance issues, confidentiality disclosures and cooperation between states were key concerns discussed by state insurance commissioners and their representatives as the National Association of Insurance Commissioners Spring Conference in Orlando. NAIC …

CORRECTION: Kyoto Compliance Rules on Greenhouse Gas Emissions

The article that appeared on the IJ Web site yesterday, March 6, contained several factual errors concerning the adoption of a compliance and regulatory system for implementing the Kyoto Protocol on the emission of greenhouse gasses. We are indebted to …

‘Live From New York,’ It’s Personal Moments Sponsored by Nationwide

Nationwide Mutual Insurance Company is giving consumers a chance to actively participate in the company’s 2006 Life Comes At You Fast advertising campaign by posting their personal Life Comes At You Fast moments on an interactive billboard in Times Square. …

Insurers Urge Maryland to Adopt Fire-Safe Cigarette Law

Lawmakers in Annapolis are considering legislation to mandate that cigarettes sold in Maryland meet tough new fire safety requirements. The insurance industry is backing the measure (HB 1300) that is now before the House Economic Matters Committee. The American Insurance …

Conn.-based eBenefits Group Purchased by Hub International

Hub International Limited has acquired eBenefits Group, LLC, an employee benefits insurance brokerage which specializes in streamlining the purchasing of insurance, administration process and client employee benefit communication. The company has offices in Simsbury and Branford, Connecticut that will be …

London Asia Capital Unveils Mongolian Joint Venture

London Asia Capital PLC, a U.K.-based investment and merchant banking group focusing on “Greater China,” announced creation of London Asia Capital Mongolia Ltd., a 60/40 joint venture with Capitron Bank of Mongolia. The bulletin, which was published by the London …

R&M Issues Study on Venture Capital D&O Indemnification

Dublin-based Research and Markets announced the addition of Director and Officer Indemnification and Insurance for VC (Venture Capital) Backed Companies to their offering. “Winning legal Strategies: Director and Officer Indemnification and Insurance for VC Backed Companies,” is a “practical guide …

Fla. Sen. Fasano Supports Gallagher’s Rate Relief Plan

Florida Senator Mike Fasano, R-Dist. 11, has added his name to the growing list of legislators who support Tom Gallagher’s plan to use tax revenue derived from hurricane reconstruction costs for immediate insurance rate-relief. Sen. Fasano, who represents Citrus, Hernando, …