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

Goldman Sworn in as Acting N.J. Insurance Commissioner

Steven M. Goldman was sworn in as Acting Commissioner of the New Jersey Department of Banking and Insurance on March 1, 2006. Prior to his nomination by Governor Jon S. Corzine, Goldman was a senior member and 22-year veteran of …

NAMIC, Indiana Trade Praise Passage of Farm Mutual Tax Reform Bill

A farm mutual tax bill introduced by the National Association of Mutual Insurance Companies and the Mutual Insurance Companies Association of Indiana recently passed the Indiana General Assembly. According to a written statement issued by NAMIC, the national trade and …

RIMS Hosts Property, Casualty and D&O Seminar

The Golden Gate Chapter of RIMS is hosting a seminar on the “State of the Market: What You Should Know about the Markets for Property, Casualty and D&O” on Thursday, March 16, 2006, in San Francisco. Speakers include: Chris Ewers, …

University of Wyoming Offers Workshop to Help Reduce Agricultural Risk

Workshops focusing on energy crops, manure and irrigation management, and risk management and insurance products will be offered this month to producers in Pine Bluffs, Casper, Riverton and Powell, Wyo. The programs, sponsored by the University of Wyoming Cooperative Extension …

Mass. Closer to Employer Charge, Individual Mandate for Health Coverage

Massachusetts moved a step closer to dramatically expanding health coverage last week after House Speaker Salvatore DiMasi and Senate President Robert Travaglini said they’ve broken a legislative impasse blocking a major overhaul of health care. Appearing at a joint Statehouse …

ICT: $1.5B Paid on Hurricane Rita Claims in Texas

The Insurance Council of Texas reported that insurance companies have settled 90 percent of property claims in Texas that were the result of the devastation caused by Hurricane Rita that struck in late September 2005. According to ICT Texas residents …

State Fund to Host Restaurant Health and Safety Workshop in San Francisco

California’s State Compensation Insurance Fund will sponsor a free restaurant health and safety workshop in San Francisco to help restaurant supervisors and owners design a comprehensive safety training program and comply with state and federal workplace regulations. Featured speaker for …

Conn. Lawmakers Try Again to Ban Open Liquor Containers in Cars

For years, legislation has been introduced in the General Assembly that would ban open containers of beer and liquor from cars. And for years it has been defeated. Proponents are trying again. “I’m the eternal optimist,” said Sen. Edith Prague, …

Court: US Airways Can’t Collect Insurance for 9/11 Disruption

US Airways cannot collect insurance for post-9/11 business losses because it already received money for that purpose from the federal government, the Virginia Supreme Court ruled March 3. The Tempe, Ariz.-based air carrier received $310 million under a law passed …

Beacon Mutual Refuses to Turn over Computer Records to R.I. Auditors

Beacon Mutual Insurance Co., the state’s largest workers’ compensation insurer, refused to let state auditors copy its computer records Friday, a decision which could spark a court showdown. The state has been investigating allegations that Beacon gave price breaks to …