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

Willis Annual Shareholders Meeting

Global broker Willis Group Holdings Limited held its Annual Meeting of Shareholders today at the School of Risk Management at St. John’s University in New York City. At the meeting, stockholders re-elected the following persons as directors: Joseph J. Plumeri, …

Prospects for Trade Deal Near Collapse

Success for the “Doha Round” of trade negotiations appears to be getting more and more remote. Several recent events have increased the likelihood that the talks – named after the city in Qatar, where they were launched in 2001 – …

N.J. Court: Worker Can Sue Exxon Over Spouse’s Death

A retired steamfitter who claims his asbestos-contaminated work clothes caused his wife’s death can sue Exxon Mobil, owner of a refinery where he worked, New Jersey’s Supreme Court ruled. The oil company should have known Eleanor Olivo was in danger …

Networked Insurance Agents Appoints Hood to Vice President of Placement

Grass Valley, Calif.-based Networked Insurance Agents, Account Placement organization, has appointed Steve Hood to vice president of placement. Prior to joining Networked, Hood spent 17 years at Chubb in a variety of key positions, including California personal lines manager, and …

California Releases New Regulations Governing Pricing of Auto Insurance

California Insurance Commissioner John Garamendi has unveiled enhancements to his proposed regulations that will follow through on the promise voters sought when they approved Proposition 103 in 1988 – namely, that the price of auto insurance will depend more on …

California Auto Bill Passes Assembly Insurance Committee

California Assembly Bill 2840, co-authored by a bipartisan group of lawmakers including Assemblymembers John J. Benoit, R-Palm Desert; Joe Canciamilla, D-Pittsburg; Nicole Parra, D-Hanford; Doug LaMalfa, R-Richvale; and Lois Wolk, D-Davis, passed through its first committee, the Assembly Insurance Committee …

Survey Says Risk Managers Spent More on Disaster Preparedness, Catastrophe Management

Spending for loss control services increased or remained flat for a majority of organizations in the past year, and the greatest spending increases occurred in such areas as disaster preparedness and catastrophe management, according to internet-based 2006 Loss Control Spending …

OSHA, Safety Engineers Team Up to Highlight Job Safety

In an ongoing effort to increase public awareness on the importance of workplace safety, the Occupational Safety and Health Administration (OSHA) and the American Society of Safety Engineers (ASSE) will kick-off the annual North American Occupational Safety and Health Week …

Ill. Attorney General, 38 Others, Oppose Health Plan in U.S. Senate

Illinois Attorney General Lisa Madigan sent a letter this week to U.S. Senate members urging them to oppose a bill that would dramatically change the health insurance marketplace by preempting state-mandated benefit coverage, gutting important state consumer protections and permitting …

Mich. Blues Receive Voluntary Effort Award from U.S. Department of Labor

Blue Cross Blue Shield of Michigan recently received an Exemplary Voluntary Efforts Award from the U.S. Department of Labor. Each year, the department presents EVE awards to federal contractors with exceptional equal employment opportunity programs. Blue Cross Blue Shield of …