July 28, 2006
Add America First Insurance, a member of Liberty Mutual Group, to the list of insurers that are actively working with Texas agents to assist policyholders with Texas Select Lloyds Insurance Company, which was recently put into liquidation by the Texas …
July 28, 2006
Louisiana Workers’ Compensation Corporation (LWCC), as part of its ongoing summer safety campaign, is reminding employers and employees to take every precaution to avoid these injuries, or possibly death, by following a few simple guidelines when working under extreme heat …
July 28, 2006
Louisiana plans to fight attempts by Allstate Corp. to have a federal court determine if new laws giving homeowners two years to file lawsuits against their insurers is legal. Allstate filed a suit July 20 asking U.S. District Judge James …
July 28, 2006
Michael Baldwin, managing director of Allied World Assurance Company’s London branch, is retiring from the company effective Monday, July 31, 2006. Baldwin was one of four founding members of Allied World during its formation in 2001 and was primarily responsible …
July 28, 2006
Insurer St. Paul Traveler’s Companies, Inc. said its profit fell 9 percent in the second quarter, but still beat analysts’ expectations. The company also disclosed a $42 million charge “for an additional legal provision related to investigations of various business …
July 28, 2006
Woman sues Bacardi after allegedly burned by flaming rum A woman who was allegedly severely burned by flaming rum during a Bacardi promotion is suing the spirits producer, claiming the product was defective and dangerous. Danielle Alleyne, of Miami, was …
July 28, 2006
As electricity began to flow for the last victims of a 10-day blackout, some New York residents and business owners lashed out at city and utility officials for damage inflicted by the outage. “This store went through the Depression, through …
July 28, 2006
Kentucky’s largest center for mentally retarded adults has been fined $1.4 million for not correcting health and safety violations, state officials announced. The state inspector general’s office under the Cabinet for Health and Family Services issued the fines against the …
July 28, 2006
Mt. Washington Assurance Corporation in New Hampshire has named Albert F. Brack, III as a marketing representative. In this role Brack will manage the firm’s relationships with independent insurance agencies in the Concord area, as well as the Lakes region, …
July 28, 2006
Testifying before a Senate Homeland Security and Government Affairs Subcommittee, Karl Brondell of State Farm Insurance Companies warned that the U.S. is not adequately prepared for a cyber catastrophe. The insurance executive outlined what a recent Business Roundtable report identified …