April 20, 2006
North Carolina Insurance Commissioner Jim Long has announced a statewide ATV safety blitz involving Safe Kids North Carolina, where volunteers across the state will coordinate efforts to educate parents and caregivers about North Carolina’s recent ATV legislation, which introduces safety …
April 20, 2006
The president of North Dakota’s largest health insurance provider has been fined $500 after pleading guilty to drunken driving. Mike Unhjem, 52, of Fargo, pleaded guilty Tuesday. Judge Steven Cahill stayed a 90-day jail sentence for two years. Unhjem was …
April 20, 2006
The Minnesota state House of Representatives is on track to approve a bill to fund the basic operations of state government, but several amendments attached to the proposal are being singled out for the most attention. An Associated Press story …
April 20, 2006
Cincinnati-based The Midland Company, a provider of specialty insurance products and services, announced record results for the first quarter ending March 31, 2006, according to a written statement issued this week. The company release said that net income for the …
April 20, 2006
Plaintiffs seeking more than $1 billion in damages in the aftermath of Hurricane Katrina are calling the Mississippi River Gulf Outlet a “Hurricane Highway” that allowed a 20-foot storm surge to inundate much of New Orleans last fall. More that …
April 20, 2006
Maurice “Chico” Sabbah, a Greensboro, N.C. businessman and philanthropist whose risk-sharing insurance company had to pay more than $400 million to settle a lawsuit stemming from the Sept. 11, 2001, terrorist attacks, died this week at the age of 77, …
April 20, 2006
Commercial property/casualty rates were flat or fell slightly during the first quarter of 2006, with renewal premiums for half of all account sizes holding steady or dropping between 1 percent to 10 percent in the first three months of the …
April 20, 2006
U.S. property/casualty insurers are expected to pay an estimated $1.38 billion to homeowners and businesses in insured property losses from seven catastrophe events in first-quarter 2006, according to preliminary analysis by ISO’s Property Claim Services (PCS) unit. PCS estimates that …
April 20, 2006
Parsippany, N.J.-based GAB Robins North America, Inc. has named Patricia (Pat) Drago as executive vice president of Claims and Account Management for its North American Operations. Drago officially joins GAB Robins on June 5, 2006. Drago will report to Robert …
April 20, 2006
When the House and Senate appropriation committees set aside hundreds of millions of dollars to provide insurance rate relief for Florida homeowners, both the consumer and the insurance industry scored a victory, according to Tom Gallagher, Florida CFO. “This is …