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

Integro Adds Goett, McGraw in N.Y.

Insurance brokerage firm Integro has reported two key hires for its New York office. William Goett has joined the firm as managing principal in the Client Development department, and Robert McGraw will serve as principal and Property Claims practice leader. …

State Emergency Planners See Feds Downplaying Disasters and Local Input

State emergency planning officials think the federal government homeland security planning underemphasizes natural disasters, an issue which is at the top of their list. States are also making plans to deal with a possible pandemic influenza. A new issue brief …

ACE European Names French, Hayward to London Underwriting Posts

ACE European Markets has made two appointments at its London branch office. Stephen French has been appointed to chief underwriting officer. This is a new role will focus on core businesses of property, excess liability and professional lines. French was …

N.J. Officials Push for Tougher Chemical Plant Safety Rules

Speaking near a cluster of chemical plants, New Jersey’s two United States senators and its new homeland security director said the state should be able to enact tougher safety standards for chemical facilities than those proposed by the Bush administration. …

Pennsylvania Truckers Back Database of Drivers’ Drug Test Results

In search of a new tool to weed out problem truckers, a Pennsylvania trucking association is pushing for a statewide database that would compile employer records on drivers’ drug test results. Traffic violations and criminal convictions can be found on …

Business Moves

Aviva, Prudential “It takes two to tango,” as the saying goes, and Prudential (U.K.) apparently has no desire to dance with its larger rival Aviva Plc. It hastily rejected a £17 billion ($30 billion) offer one week ago (See Insurance …

News Currents

Safeco considering internet-based auto insurance sales Seattle-based property and casualty insurer Safeco is considering direct marketing its automobile insurance business over the Internet to reach additional consumers that do not like to deal with middle-men and do not like to …

Archdiocese uses reserves to settle sex-abuse claims, pays $5.25 million

News Currents The Seattle Archdiocese looked deep into its reserve funds to cover the cost of settling sex abuse claims, church officials said. Meanwhile, the Roman Catholic Diocese of Spokane, Wash., and one of its main insurance carriers, have agreed …

News Currents

Insurers well-braced for next big California earthquake When the next big earthquake strikes California, it’s unlikely to hurt the insurance industry as much as the last one did. The nation’s largest property insurers curtailed their exposure to California quakes a …

News Currents

California hidden tax legislation doesn’t go before committee The Association of California Insurance Companies warned insurers that the state’s Legislature would consider a bill to establish a hidden, multi-million dollar tax on Californians to publicly fund campaigns of unknown candidates. …