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

Okla.’s The Holmes Organisation Adds to Employee Benefits Division

Oklahoma-based The Holmes Organisation announced the addition of Felix Jones as a Retirement Plan and Group Life & Health producer for its employee benefits division. Jones brings more than 23 years of experience in the employee benefits field to the …

Pennsylvania’s Two Biggest Health Insurers in Merger Talks Again

Pennsylvania’s two largest health insurers are discussing a possible merger, which could happen as early as September. Independence Blue Cross, based in Philadelphia, and Pittsburgh-based Highmark Inc. are part of the national nonprofit “Blue” insurance cooperative network that started in …

Big Dig Tragedy Expected to Trigger New Wave of Litigation

When the family of the Jamaica Plain, Mass. woman who was killed when part of the ceiling in a Boston Big Dig tunnel fell gets around to filing a wrongful death lawsuit, that suit is expected to trigger legal fights …

New Company LifeSecure Insurance Approved in Mich.

LifeSecure Insurance Company, a wholly-owned, for profit subsidiary of Blue Cross Blue Shield of Michigan, has received a final Certificate of Authority from the Office of Financial and Insurance Services (OFIS) to operate as an insurance company selling individual long-term …

Mo. Governor Signs Health Care Bill to Aid Small Businesses

Gov. Matt Blunt recently signed legislation aimed at increasing access to affordable health insurance for employees of small businesses. The bill, sponsored by Rep. Jay Wasson, R-Nixa, expands eligibility for association health plans by decreasing the mandatory number of members …

Acquisition Broadens Ebix’s Insurance Market Presence

Ebix Inc., an Atlanta based software developer and supplier of e-commerce software has announced that effective May 1, 2006, it completed the acquisition of substantially all the operating assets of Reston, Va. and Dallas-based Infinity Systems Consulting Inc. The acquisition …

Judges Refuses to Toss Testimony About Katrina’s Winds

A judge on Thursday refused to throw out an engineer’s testimony that Hurricane Katrina’s winds caused much of the damage to the home of Mississippi couple suing Nationwide Mutual Insurance Co. for denying most of the couple’s claim. Nationwide attorney …

Zurich Expands Subclasses of Small Business Division

Schaumburg, Ill.-based Zurich, one of the nation’s largest commercial property-casualty insurance companies, has announced that it is expanding the number of subclasses of businesses its small business division will underwrite to provide more diversified market opportunities for agents doing business …

New Mexico Insurance Deputy Accused of Soliciting Funds

A New Mexico insurance deputy has been placed on leave amid allegations he solicited charitable donations from a company that faced fines from regulators. Dan Mayfield, chief of staff for the state Public Regulation Commission, said Deputy Insurance Superintendent Joe …

S.D. Amendment Allowing Judges to be Sued Opposed by Insurer Trades

The American Insurance Association (AIA) and the National Association of Mutual Insurance Companies (NAMIC) said today that South Dakota Attorney General Larry Long’s official explanation of a proposed constitutional amendment that would allow citizens to sue judges and other officials …