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

Quanta in Deal with Lloyd’s Chaucer to Manage Syndicate 4000

Quanta Capital Holdings Ltd. has signed a non-binding “Heads of Agreement” with Chaucer Holdings PLC, a specialist Lloyd’s insurer, and the senior underwriting team of Syndicate 4000 under which a new managing agency, Pembroke Managing Agency Limited, will be created. …

World Cup Starts in Germany

5:00 p.m. on a Friday is usually associated with “TGIF” as the weekend begins. However, for much of the world this Friday at 5:00 p.m. (local time) it marks the beginning of a very special sporting event – the quadrennial …

Minn. Attorney General to Investigate UnitedHealth Over Stock Options

Attorney General Mike Hatch said Wednesday he won’t participate directly in a shareholder lawsuit against against UnitedHealth Group Inc. so he can start his own investigation of the company. Hatch is switching the state’s participation to a friend of the …

Iowa State Bar Endorses Westport Insurance and Lockton Risk Services

The Iowa State Bar Association (ISBA) announced it will endorse Westport Insurance and Lockton Risk Services to provide Professional Liability insurance to Iowa Bar members. The ISBA chose Lockton as its preferred broker and Westport as its insurance carrier. Westport …

White House Vows to Retain Nuclear Workers’ Benefit Program

The Bush administration will continue to support a benefits program for Cold War-era nuclear weapons workers, President Bush’s budget director says. Rob Portman pledged to support the five-year-old program in a letter to Sen. Barack Obama, D-Ill. The letter, which …

N.Y. Cell Phone Ban Sets a Dangerous Course, Attorney Argues

The state’s cell phone ban could clear the way for laws in New York against anything that causes accidents, from having a pet in the car to drinking coffee, warned a lawyer fighting to have the ban declared unconstitutional. “This …

N.H. Governor Signs Measure Helping October Flood Victims

New Hampshire Gov. John Lynch has signed into law a bill that will help people who lost their homes, and in some cases the land where their homes sat, in the October flooding. “It’s been a long road for many …

Treasury Secretary Nominee Paulson Backed Terrorism Reinsurance Plan

The financier slated to be the country’s next Secretary of Treasury differs with his predecessor and the Bush Administration over the need for federal government involvement in providing terrorism reinsurance. At least he did when he served in the private …

Committee to Congress: Americans Want Universal Health Coverage

The federal government should guarantee that all Americans have basic health insurance coverage, says a committee set up by Congress to find out what people want when it comes to health care. “Assuring health care is a shared social responsibility,” …

S.C. Governor Vetoes Auto Insurance Proposal

South Carolina Gov. Mark Sanford has vetoed several bills, including one that raises the minimum liability insurance requirement on cars. The governor said he vetoed the bill because he believes it would increase automobile insurance rates, adversely affect low income …