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

FBI Data Shows N.Y. City Continues on Safety Spree

New York City continues to reduce overall crime to levels not seen in decades and remains the safest big city in America, according to officials. Mayor Michael R. Bloomberg and Police Commissioner Raymond W. Kelly, citing the FBI’s Preliminary Crime …

World Trade Center Developer, Port Authority Sue Insurers

The Port Authority of New York and New Jersey, together with World Trade Center developer Larry Silverstein, is suing seven insurers over delays in payments they say are needed to rebuild on the site of the Sept. 11, 2001 terrorist …

Jury Gets First Welding Fumes Case

A Cleveland jury began deliberating last Wednesday in the case of a former welder with a hand tremor, the first of thousands of similar cases nationally alleging welding fumes can cause Parkinson’s disease. The case has drawn wide attention because …

Insurer Group Sets Policy on Natural Disaster Issues

The National Association of Mutual Insurance Companies (NAMIC) has adopted a statement on natural disasters that asserts a flexible regulatory environment in which insurers are free to price coverage based on risk will create incentives for property owners in high-risk …

Gov. Bush Signs Florida Auto Insurance Fraud Legislation

Anti-fraud legislation that cracks down on and reins in auto insurance fraud was signed June 26 by Gov. Jeb Bush. The action applauded by Tom Gallagher, Florida CFO, who oversees law enforcement agencies involved in investigating the crime. “The anti-fraud …

Kentucky Office of Insurance Appoints New Executive Director

Julie Mix McPeak, an attorney with more than a decade of legal and administrative experience in state government, has been appointed executive director of the Kentucky Office of Insurance by Governor Ernie Fletcher. McPeak succeeds Glenn Jennings, whom Governor Fletcher …

AAA Mich. and Credit Union Announce Joint Marketing Agreement

AAA Michigan and CUcorp, a wholly-owned subsidiary of the Michigan Credit Union League (MCUL), have entered into a long-term, joint marketing agreement that will provide members of both organizations with products and services ranging from consumer loans to auto insurance. …

Regular Church Attendance Could Offer Unique Insurance ‘Blessings’

West Des Moines, Iowa-based GuideOne Insurance says being a faithful churchgoer could provide some real insurance blessings. GuideOne’s year old insurance product, FaithGuard, an auto and homeowners insurance policy with specific benefits for churchgoers, has been on the market for …

Court Upholds Auto Recalls by Region

A federal appeals court has unanimously upheld guidelines from the government’s highway safety agency allowing automakers to limit some vehicle recalls by region. Two consumer groups had challenged the National Highway Traffic Safety Administration’s policy that allows automakers to conduct …

N.D. Commissioner Not Satisfied with Humana Response on Security Thefts

North Dakota Insurance Commissioner Jim Poolman says attorneys will draft a proposed order to be sent to a company next week in response to the theft of personal information from some of its customers. Poolman said the names, addresses and …